§ 27-9-36 - Examination of rating and advisory organizations and underwriting and reinsurance groups. - Rhode Island Statutes

SECTION 27-9-36

   § 27-9-36  Examination of rating andadvisory organizations and underwriting and reinsurance groups. – The commissioner may, as often as he or she may deem it necessary, make orcause to be made an examination of each rating organization licensed in thisstate as provided in § 27-9-22 and the commissioner may, as often as he orshe may deem it expedient, make or cause to be made an examination of eachadvisory organization referred to in § 27-9-30 and of each group,association, or other organization referred to in § 27-9-34, including anyworkers' compensation assigned risk servicing carrier or carriers. All suchexaminations shall be performed in accordance with the requirements of §27-13.1-1 et seq. The officers, managers, agents, and employees of any ratingorganization, advisory organization, or group, association, or otherorganization of insurers, including workers' compensation assigned riskservicing carrier or carriers, may be examined at any time under oath and shallexhibit all books, records, accounts, documents, or agreements governing itsmethod of operation. In lieu of any examination the commissioner may accept thereport of an examination made by the insurance supervisory official of anotherstate, pursuant to the laws of that state.