Current through November 7, 2024
Section 230-RICR-20-45-1.12 - Acquisition of Section 27-35-2(a)(1) InsurersA. If the person being acquired is deemed to be a "domestic insurer" solely because of the provisions of R.I. Gen. Laws § 27-35-2(a)(1), the name of the domestic insurer on the cover page should be indicated as follows: 1. "ABC Insurance Company, a subsidiary of XYZ Holding Company."B. Where a R.I. Gen. Laws § 27-35-2(a)(1) insurer is being acquired, references to "the insurer" contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.230 R.I. Code R. 230-RICR-20-45-1.12