N.H. Admin. Code § Ins 1702.03

Current through Register No. 50, December 12, 2024
Section Ins 1702.03 - Basis of Participation
(a) All insurers that are members of the association shall participate in its premiums, expenses, servicing allowance and losses in the proportion that the net direct premiums of such members written in this state during the preceding calendar years bear to the aggregate net direct premiums written in this state during the preceding calendar year by all members of the association, except that such computations shall exclude that portion of the premiums attributable to the operation of the association. Each insurer's participation in the association shall be determined on the basis of such net direct premium as reported in the most recent annual statements filed by the insurer with the commissioner.
(b) All producers licensed for liability insurance shall be authorized to procure medical malpractice insurance for eligible risks from the association. As a condition of the authority to continue acting as a producer, no such producer shall refuse to procure such insurance for an eligible risk. No insurer shall penalize any of its producers, either directly or indirectly, for procuring such insurance for eligible risks.
(c) The association shall issue or cause to be issued a policy of medical malpractice insurance to any eligible risk, utilizing the rates, rating plans, policy forms, rules and classification systems approved by the commissioner in accordance with RSA 412:2.

N.H. Admin. Code § Ins 1702.03

#1900, eff 1-1-82; amd by #2056, eff 7-1-82; ss by #4287, eff 7-1-87; amd by #4758, eff 2-8-90; ss by #5654, eff 7-1-93; ss by #7032, INTERIM, eff 7-1-99, EXPIRES: 10-29-99; ss by #7112, eff 10-29-99; ss by #7409, eff 12-1-00, EXPIRED: 12-1-08

New. #9373, eff 1-30-09