RSA 412:3 Definitions.
Title: XXXVII - INSURANCE
Chapter: 412 - REGULATION OF FORMS AND RATES FOR PROPERTY AND CASUALTY INSURANCE
In this chapter:
I. [Repealed.]
II. "Advisory organization" means any entity, including its affiliates or subsidiaries, which either has 2 or more member insurers or is controlled either directly or indirectly by 2 or more insurers, and which assists insurers in ratemaking-related activities such as those enumerated in RSA 412:4 and RSA 412:20. Two or more insurers having a common ownership or operating in this state under common management or control constitute a single insurer for purposes of this definition.
III. "Classifications system" or "classification" means the process of grouping risks with similar risk characteristics so that differences in costs may be recognized.
IV. "Commercial risk" means any kind of risk that is not a personal risk.
V. "