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RSA 412:7 · Policies; Forms

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

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412:7 Policies; Forms. – For policies of insurance issued to large commercial policyholders defined in RSA 412:3, XI, the filing requirements for forms or policy contracts shall not apply, except that:

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All policies issued pursuant to the provisions of this chapter shall contain a conspicuous disclaimer printed in at least 10-point, bold-faced type that states that the policy applied for, including the rates, rating plans, resulting premiums, and the policy forms, are not subject to the rate and form requirements of this state and other provisions of the insurance law that apply to other commercial products and may contain significant differences from a policy that is subject to all provisions of the insurance law. Such notice shall set forth possible differences in policy conditions, forms, and endorsements, as compared to a policy that is subject to all of the provisions of the insurance law. The commissioner may prescribe the format and provisions of such notice. The disclosure notice shall also include a policyholder's acknowledgment statement, to be signed and dated prior to the effective date of the coverage, and shall remain on file with the insurer.

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II.

In procuring insurance, a large commercial policyholder shall certify that it meets the eligibility requirements set out in RSA 412:3, XI and specify the requirements that the policyholder has met. This certification is to be completed annually and remain on file with the insurer.

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III.

A surplus lines broker seeking to obtain or provide insurance for a large commercial policyholder is not authorized to purchase insurance from any eligible unauthorized insurer without making a diligent search of authorized insurers as required by RSA 405:24. Source. 2003, 150:1. 2004, 156:3, eff. July 23, 2004. Forms Regulation-Motor Vehicle Insurance

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Source note

Source. 2003, 150:1. 2004, 156:3, eff. July 23, 2004. Forms Regulation-Motor Vehicle Insurance

Source history

2003, 150:1
2004, 156:3, eff. July 23, 2004. Forms Regulation-Motor Vehicle Insurance

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