Section Ins 102.06 - Property and Casualty Division(a) The property and casualty division is comprised of the property and casualty market conduct examinations unit, the property and casualty forms examinations unit, and the property and casualty actuarial unit.(b) The property and casualty market conduct examinations unit is described as follows:(1) The property and casualty market conduct examinations unit performs on-site market conduct examinations, desk reviews, investigations, surveys, market analyses, and other steps to determine whether licensees of the department are performing in the marketplace following the laws and rules of this state;(2) This unit has primary responsibility to regulate and oversee the marketplace operations of insurance department licensees and any other entities regulated by the department;(3) The unit addresses market conduct problems using a variety of approaches including proactive outreach, department communications, licensee interviews, information gathering, licensee policies and procedures reviews, interrogatories, voluntary compliance programs, investigations, examinations, compliance programs, and enforcement actions; and(4) The unit shares and coordinates its results and certain activities with other states through participation in resources developed by the NAIC.(c) The property and casualty forms examinations unit examines rates and forms for casualty and property insurance contracts submitted to the division to ensure conformity to the laws and rules of the state of New Hampshire.(d) The property and casualty actuarial unit is responsible for:(1) Reviewing actuarial aspects of policy form, rule, and rate filings to determine that premium rates and rating plans are not excessive, inadequate, or unfairly discriminatory and that premium rates conform to statutory requirements; and (2) Assisting the commissioner with setting regulatory policy and providing actuarial expertise on property and casualty matters.N.H. Admin. Code § Ins 102.06
#2336, eff 4-8-83; ss by #4287, eff 7-1-87; ss by #5653, eff 7-1-93; ss and moved by #6967, eff 3-26-99 (formerly Ins 102.09); ss by #7984, eff 11-10-03
Amended by Volume XL Number 7, Filed February 13, 2020, Proposed by #12983, Effective 2/1/2020.Amended by Volume XLI Number 27, Filed July 8, 2021, Proposed by # 13218, Effective 6/28/2021, Expires 6/28/2031