Live Free or Die Legal
This website is not an official source of law. This website does not provide legal advice. For official legal materials, verify against the relevant court, legislature, agency, or other official source. Legal information may be incomplete, outdated, or incorrectly processed. Consult a qualified attorney for advice about a specific legal matter.

This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.

RSA 412:20 · Licensing Advisory Organizations and Statistical Agents

Title
XXXVII: INSURANCE
Chapter
412 · REGULATION OF FORMS AND RATES FOR PROPERTY AND CASUALTY INSURANCE
Status
current
Official source linked
Yes
Official source Copy section link

412:20 Licensing Advisory Organizations and Statistical Agents. –

Copy link
I.

No advisory organization or statistical agent shall provide any service relating to statistical collection or the rates of any insurance subject to this chapter, and no insurer shall utilize the services of such organization for such purposes unless the organization has obtained a license under paragraph III.

Copy link
II.

No advisory organization or statistical agent shall refuse to supply any services for which it is licensed in this state to any insurer authorized to do business in this state and offering to pay the fair and usual compensation for the services.

Copy link
III.

(a) An advisory organization or statistical agent applying for a license shall include with its application:

Copy link
(1)

A copy of its constitution, charter, articles of organization, agreement, association or incorporation, and a copy of its bylaws, plan of operation and any other rules or regulation governing the conduct of its business.

Copy link
(2)

A list of its members and subscribers.

Copy link
(3)

The name and address of one or more residents of this state upon whom notices, process affecting it, or orders of the commissioner may be served.

Copy link
(4)

A statement showing its technical qualifications for acting in the capacity for which it seeks a license.

Copy link
(5)

A biography of the ownership and management of the organization.

Copy link
(6)

Any other relevant information and documents that the commissioner may require.

Copy link
(b)

Every organization that has applied for a license shall notify the commissioner of every material change in the facts or in the documents on which its application was based. Any amendment to a document filed under this section shall be filed at least 30 days before it becomes effective.

Copy link
(c)

If the commissioner finds that the application and the natural persons through whom it acts are competent, trustworthy, and technically qualified to provide the services proposed, and that all requirements of the law are met; he or she shall issue a license specifying the authorized activity of the applicant. The commissioner shall not issue a license if the proposed activity would tend to create a monopoly or to substantially lessen the competition in any market.

Copy link
(d)

Licenses issued pursuant to this section shall remain in effect for one year unless the license is suspended or revoked. The commissioner may at any time, after hearing, revoke or suspend the license or issue a written order requiring the discontinuance of an act or practice of an advisory organization or statistical agent that is involved with such act or practice that is unfair or unreasonable or does not otherwise comply with the requirements and standards of this chapter.

Copy link
(e)

Advisory organizations wishing to operate as statistical agents within this state may be so authorized under their license as an advisory organization. A separate license is not required.

Copy link
(f)

The fee for said application and license shall be as specified in RSA 400-A:29, VI. Source. 2003, 150:1, eff. Jan. 1, 2004. 2023, 214:3, eff. Oct. 3, 2023.

Copy link

Source note

Source. 2003, 150:1, eff. Jan. 1, 2004. 2023, 214:3, eff. Oct. 3, 2023.

Source history

  • 2003, 150:1, eff. Jan. 1, 2004
  • 2023, 214:3, eff. Oct. 3, 2023

Related materials

Bill relationships

  • 2026 HB1064 reference · effective 2027-01-01

    y municipal subdivision thereof, including any county, city, town, school district, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the in

  • 2026 HB1064-FN reference · effective 2027-01-01

    y municipal subdivision thereof, including any county, city, town, school district, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the in

  • 2026 HB1197 amend · effective 2027-01-01

    ance Trade Practices. Amend RSA 417:4, IX(b)(15) to read as follows: (15) The rebate of all or part of a producer's commission on the sale of commercial insurance as defined in RSA 412 provided the insurer expressly provides for such rebate in its rate filings [approved by the commissioner] and the reduction of the commission is not disclosed to the insured either directly or indirectly; 17 Public A

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

    ance Trade Practices. Amend RSA 417:4, IX(b)(15) to read as follows: (15) The rebate of all or part of a producer's commission on the sale of commercial insurance as defined in RSA 412 provided the insurer expressly provides for such rebate in its rate filings [approved by the commissioner] and the reduction of the commission is not disclosed to the insured either directly or indirectly; 17 Public A

  • 2026 HB1353 amend · effective 2027-01-01

    t Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Motor Vehicle Insurance Premium Discounts for Annual Safety Inspections. Amend RSA 412 by inserting after section 16 the following new section: 412:16-a Motor Vehicle Insurance Premium Discounts for Annual Safety Inspections. I. Each insurer writing motor vehicle insurance in this state shall include

  • 2026 HB1486 amend · effective 2027-01-01

    Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Prohibition on Insurance Requirements for Spouses of DWI Offenders. Amend RSA 412 by inserting after section 8 the following new section: 412:8-a Prohibition on Insurance Requirements for Spouses of DWI Offenders. I. No insurer issuing a motor vehicle liability policy in this state shall requi

  • 2026 HB1582 amend

    of property owners. The purpose of this act is to prohibit such uses and practices to protect New Hampshire consumers. 2 New Section; Use of Credit Information Prohibited. Amend RSA 412 by inserting after section 15 the following new section: 412:15-a Use of Credit Information Prohibited. I. Notwithstanding any other provision of law, no insurer or insurance producer may use an applicant's or insured

  • 2026 HB1582-FN amend

    of property owners. The purpose of this act is to prohibit such uses and practices to protect New Hampshire consumers. 2 New Section; Use of Credit Information Prohibited. Amend RSA 412 by inserting after section 15 the following new section: 412:15-a Use of Credit Information Prohibited. I. Notwithstanding any other provision of law, no insurer or insurance producer may use an applicant's or insured

  • 2026 SB409 reference · effective 2027-01-01

    y municipal subdivision thereof, including any county, city, town, school district, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the i

  • 2026 SB409-FN reference · effective 2027-01-01

    y municipal subdivision thereof, including any county, city, town, school district, school administrative unit or other district, to procure the policies of insurance described in RSA 412 or participate in pooled risk management, or self-insurance, pursuant to RSA 5-B. In any action against the state or any municipal subdivision thereof to enforce liability on account of a risk so insured against, the i

  • 2026 SB565 amend · effective 2027-01-01

    ds, and other mitigation and resiliency programs. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Subdivision; Reporting. Amend RSA 412 by inserting after section 14 the following new subdivision: Reporting 412:14-a Reporting. I. To promote awareness of and incentives for fortified homes and commercial property standards, and other mitigation and r

  • 2026 SB565-FN amend · effective 2027-01-01

    ds, and other mitigation and resiliency programs. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Subdivision; Reporting. Amend RSA 412 by inserting after section 14 the following new subdivision: Reporting 412:14-a Reporting. I. To promote awareness of and incentives for fortified homes and commercial property standards, and other mitigation and r