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RSA 402-B:12 · License Denial, Nonrenewal, or Revocation

Title
XXXVII: INSURANCE
Chapter
402-B · INSURANCE CLAIMS ADJUSTERS
Status
current
Official source linked
Yes
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402-B:12 License Denial, Nonrenewal, or Revocation. – The commissioner may for good cause shown, after notice and hearing, deny, suspend, or revoke the insurance claims adjuster's license of any holder or subject him or her to an administrative fine not to exceed $2,500 per violation or any combination of actions. Such hearing may be held by the commissioner or any person designated by him or her. Any person aggrieved by said action of the commissioner or refused a license or renewal of the same by him may appeal in accordance with the provisions of RSA 541. Good cause includes, but is not limited to, the following:

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I.

Providing incorrect, misleading, incomplete, or materially untrue information in the license application.

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II.

Violating any insurance laws, or violating any rule, regulation, subpoena, or order of the commissioner or of another state's insurance commissioner.

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III.

Obtaining or attempting to obtain a license through misrepresentation or fraud.

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IV.

Improperly withholding, misappropriating, or converting any moneys or properties in the course of doing business.

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V.

Intentionally misrepresenting the terms of an actual or proposed insurance contract or application for insurance.

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VI.

Having been convicted of a felony.

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VII.

Having admitted to or been found to have committed any insurance unfair trade practice or fraud.

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VIII.

Using fraudulent, coercive, or dishonest practices, or demonstrating incompetence, untrustworthiness or financial irresponsibility in the conduct of business in this state or elsewhere.

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IX.

Having an insurance license, or its equivalent, denied, suspended, or revoked in any other state, province, district, or territory.

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X.

Forging another's name to an application for insurance or to any document related to an insurance transaction.

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XI.

Improperly using notes or any other reference material to complete an examination for an insurance license.

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XII.

Failing to comply with an administrative or court order imposing child support obligation. Source. 1969, 218:1. 1975, 312:1, eff. Aug. 6, 1975. 2022, 223:1, eff. Aug. 16, 2022.

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Source note

Source. 1969, 218:1. 1975, 312:1, eff. Aug. 6, 1975. 2022, 223:1, eff. Aug. 16, 2022.

Source history

  • 1969, 218:1
  • 1975, 312:1, eff. Aug. 6, 1975
  • 2022, 223:1, eff. Aug. 16, 2022

Related materials

Bill relationships

  • 2026 HB1197 reference · effective 2027-01-01

    read as follows: I. Upon satisfaction that such applicant is in all respects properly qualified and of good character after having considered the good cause factors listed in RSA 402-B:12, and that the granting of such license is not against the public interest, the commissioner shall, upon the payment of the required fee, issue said applicant an insurance claims adjuster's license. 6 Insurance Claims

  • 2026 HB1197-FN reference · effective 2027-01-01

    read as follows: I. Upon satisfaction that such applicant is in all respects properly qualified and of good character after having considered the good cause factors listed in RSA 402-B:12, and that the granting of such license is not against the public interest, the commissioner shall, upon the payment of the required fee, issue said applicant an insurance claims adjuster's license. 6 Insurance Claims

  • 2026 HB1491 related · effective 2029-07-01

    of: (a) ?RSA 400-A:16, relative to investigations; (b) ?RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) ? RSA 400-A:37, relative to examinations; (d) ?RSA 402-B, relative to insurance claims adjusters; (e) ?RSA 402-J, relative to producer licensing; (f) ?RSA 417:1 through 417:31, relative to unfair trade practices and fraud investigations; and (g) RSA 420-G:11, II, II-a, an

  • 2026 SB614 related · effective 2027-07-01

    f: (a) RSA 400-A:16, relative to investigations; (b) RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417:31 relative to unfair trade practices and

  • 2026 SB614-FN related · effective 2027-07-01

    f: (a) RSA 400-A:16, relative to investigations; (b) RSA 400-A:17 through RSA 400-A:24, relative to hearings and appeals; (c) RSA 400-A:37, relative to examinations; (d) RSA 402-B relative to insurance claims adjusters; (e) RSA 402-H relative to third-party administrators; (f) RSA 402-J, relative to producer licensing; and (g) RSA 417:1 through 417:31 relative to unfair trade practices and