2014 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 404-B - NEW HAMPSHIRE INSURANCE GUARANTY ASSOCIATION
Section 404-B:16 - Recognition of Assessments in Rates.

NH Rev Stat § 404-B:16 (2014) What's This?

    404-B:16 Recognition of Assessments in Rates. – The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association and such rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

Source. 1970, 37:3, eff. May 4, 1970.


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