Section 230-RICR-20-05-11.2 - PurposeA. The purpose of this Regulation is to implement the Basic Property Insurance Inspection and Placement Program (hereinafter "this Program") as follows: 1. To make Basic Property Insurance available to qualified applicants who have been unable to secure such insurance in the normal market, subject to the conditions hereinafter stated.2. To mandate the participation of all domestic Insurers and all Insurers licensed to write those classes of insurance listed in R.I. Gen. Laws §§ 27-8-1 and 27-8-3 in the State of Rhode Island and to equitably apportion and distribute the writings, expenses, profits, if any, and losses of this Program among Insurers licensed to write Basic Property Insurance, as defined herein, in this State.3. To encourage the improvement of properties located in urban areas and to further orderly community development.4. To make public the purposes and procedures of this Program.230 R.I. Code R. 230-RICR-20-05-11.2