(a)  The purpose of this chapter is to set forth the standards which the director of the department of business regulation may use for identifying insurers found to be in a condition as to render the continuance of their business hazardous to the public or to holders of their policies or certificates of insurance.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Rhode Island General Laws 27-14.2-1

  • Continuance: Putting off of a hearing ot trial until a later time.

(b)  This chapter shall not be interpreted to limit the powers granted to the director by any laws or parts of laws of this state.

History of Section.
P.L. 1992, ch. 445, § 1.