There may be division of self-insurance and insurance within a company. This division is subject to review by the Director, by law, on a case-by-case basis initially and during the term of any period of self-insurance. Each company may have a separate minimum initial bond, subject to Director decision, based on review and consolidation approval. Other surety can be accepted as per Director.
260 R.I. Code R. 260-RICR-50-05-1.10