Rhode Island adopted the NAIC Credit for Reinsurance Model Regulation in 2014. Recently, Rhode Island made technical changes to the regulation and substituted forms issued by the Rhode Island Department of Insurance by separate Bulletin. The regulation is codified in the Rhode Island Insurance Regulation 230-RICR-20-45-3 – Financial Standards and Corporate Operations – Credit for Reinsurance. The regulation and accompanying form bulletin are available online.
This post written by Gail Jankowski.
See our disclaimer.