TITLE 27
Insurance

CHAPTER 27-9.1
Unfair Claims Settlement Practices Act

SECTION 27-9.1-5


§ 27-9.1-5 Response and statement of charges.

The director shall provide an initial response within two (2) weeks to any written consumer complaint containing specific and credible allegation of an unfair claims settlement practice punishable pursuant to this chapter. Whenever the director has reasonable cause to believe that any insurer doing business in this state is engaging in any unfair claims practice and that a proceeding in respect to the practice would be in the public interest, the director shall issue and serve upon the insurer a statement of the charges in that respect and a notice of hearing, which notice shall set a hearing date not less than thirty (30) days from the date of the notice.

History of Section.
(P.L. 1993, ch. 37, § 1; P.L. 1993, ch. 227, § 1.)