Section 230-RICR-20-05-11.3 - DefinitionsA. "Basic Property Insurance" means, in addition to any and all coverages specifically enumerated in R.I. Gen. Laws § 27-33-10, insurance against direct loss to property as defined and limited in standard fire policies in: 2. Vandalism and malicious mischief; 3. Broad and special form dwelling coverage commonly referred to as DP-2 and DP-3;4. Sprinkler leakage endorsements thereon; 5. Homeowners package coverage on owner-occupied habitational risks for one to four families, and for homeowners tenants forms; 6. The liability coverages for one to four family owner and non-owner occupied dwellings, either as a personal liability endorsement to a dwelling property policy or as a "stand alone" dwelling liability policy; and 7. Lead liability insurance for any pre-1978 residential rental property, either by endorsement to a homeowners or dwelling liability policy or as a "stand alone" lead poisoning liability insurance policy. It shall not include automobile or farm risks, with the exception of lead liability coverage as a "stand alone" policy for farmowners' dwellings.B. "Commissioner" means the Director of the Department of Business Regulation or his or her designee.C. "Insurer" means any insurance company or other organization licensed to write, and writing property or liability insurance business, including the property and liability components of multi-peril policies, on a direct basis in this state who is a member of the Rhode Island Joint Reinsurance Association.D. "Producer" means licensed insurance producer, as defined in R.I. Gen. Laws § 27-2.4-1 et seq.E. "Program" means the Basic Property Insurance Inspection and Placement Program as set forth in this Regulation.F. "Premiums Written" means gross direct premiums written during the most recent calendar year for which data is available, as determined by the Association, with respect to property in this State on all property and liability policies (excluding "Flood", as written by the National Flood Insurance Program), including all homeowners policies and the fire, other allied lines and liability components of all dwelling policies and commercial multi-peril policies, as computed by the Association, less return premiums, dividends paid or credited to policyholders, or the unused or unabsorbed portion of premium deposits.G. "Rhode Island Joint Reinsurance Association" and the "Rhode Island FAIR Plan" (Fair Access to Insurance Requirements), and the "Association" shall be considered synonymous and herein referred to as the "Association," which means the organization formed by Insurers to administer this Program herein set forth.230 R.I. Code R. 230-RICR-20-05-11.3