Rhode Island General Laws 27-76-8. Use of claim experience resulting from catastrophic events
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No insurer may refuse to insure, cancel, nonrenew or surcharge a policy or contract covering damages to personal lines residential property solely as a result of damages sustained in a catastrophic event.
History of Section.
P.L. 2012, ch. 64, § 3; P.L. 2012, ch. 83, § 3.
Terms Used In Rhode Island General Laws 27-76-8
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.