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2017 Rhode Island General Laws
Title 27 - Insurance
Chapter 27-34 - Rhode Island Property And Casualty Insurance Guaranty Association
Section 27-34-15 - Recoupment of assessments.
Universal Citation: RI Gen L § 27-34-15 (2017)
§ 27-34-15. Recoupment of assessments.
The rates and premiums charged for insurance policies to which this section 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. Rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.
History of Section.
(P.L. 1988, ch. 407, § 2; P.L. 2010, ch. 91, § 1; P.L. 2010, ch. 117, § 1.)
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