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Rhode Island General Laws Title 27. Insurance § 27-59-3. Approval of the commissioner

Current as of January 01, 2024 | Updated by Findlaw Staff

The commissioner in determining whether to approve an alien insurance company may consider:

(1) Maintenance of an appropriate trust account, surplus account, or other financial mechanisms in this state;

(2) Maintenance of all books and records of the United States operations in this state;

(3) Maintenance of a separate financial reporting system for its United States operations; and

(4) Any other provisions deemed necessary by the insurance commissioner.

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Cite this article: FindLaw.com - Rhode Island General Laws Title 27. Insurance § 27-59-3. Approval of the commissioner - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-27-insurance/ri-gen-laws-sect-27-59-3/

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