RSA 402-G:3 Minimum Standards; Required Contract Provisions.
Title: XXXVII - INSURANCE
Chapter: 402-G - BUSINESS TRANSACTED WITH PRODUCER CONTROLLED PROPERTY/CASUALTY ACT
I. Applicability of section:
(a) The provisions of this section shall apply if, in any calendar year, the aggregate amount of gross written premium on business placed with a controlled insurer by a controlling producer is equal to or greater than 5 percent of the admitted assets of the controlled insurer, as reported in the controlled insurer's quarterly statement filed as of September 30 of the prior year.
(b) Notwithstanding subparagraph I(a), the provisions of this section shall not apply if:
(1) The controlling producer:
(A) Places insurance only with the controlled insurer, or only with the controlled insurer and a member or members of the controlled insurer's holding company system, or the controlled insurer's parent, affiliate, or subsidiary and receiv