230 R.I. Code R. 230-RICR-20-05-10.5

Current through December 3, 2024
Section 230-RICR-20-05-10.5 - Determination of Market Share

The percentage of premium volume of Motor Vehicle Liability Insurance for the preceding calendar year will be determined by the Department in accordance with the premium reported in an insurers' annual statement. Insurers may choose to survey on an Insurance Group basis. If so, one questionnaire may be sent for the Insurance Group indicating all of the insurers within that group writing Motor Vehicle Liability Insurance in Rhode Island. The one percent (1%) premium volume may be reached either by an individual insurer or by an Insurance Group whose writings reach one percent (1%) or more when combined.

230 R.I. Code R. 230-RICR-20-05-10.5