Current through December 3, 2024
Section 230-RICR-20-60-1.12 - Supervision of Consumer Credit Insurance OperationsA. Each insurer transacting credit insurance in this state shall be responsible for conducting a thorough periodic review of creditors with respect to their credit insurance business with such creditors to assure compliance with the insurance laws of this state and the Part promulgated by the Commissioner.B. Written records of such reviews shall be maintained by the insurer for review by the Insurance Commissioner in accordance with 230-RICR- 20-60-4.230 R.I. Code R. 230-RICR-20-60-1.12