Current through Register No. 50, December 12, 2024
Section Ins 102.07 - Property and Casualty Division(a) The property and casualty division is comprised of the property and casualty market conduct examinations unit and the property and casualty form examinations 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.N.H. Admin. Code § Ins 102.07
#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 102.11); ss by #7984, eff 11-10-03
Amended by Volume XL Number 7, Filed February 13, 2020, Proposed by #12983, Effective 2/1/2020.