§ 27-9.1-3 Unfair claims settlement practices prohibited.
It is an improper claims practice for any domestic, foreign, or alien insurer transacting business in this state to commit any act defined in § 27-9.1-4 of this chapter if:
(1) It is committed flagrantly and in conscious disregard of this chapter or any rules promulgated pursuant to this chapter; or
(2) It has been committed with a frequency as to indicate a general business practice to engage in that type of conduct.
(P.L. 1993, ch. 37, § 1; P.L. 1993, ch. 227, § 1.)