RSA 402-M:5 Authority of Administrative Supervisor.

Title: XXXVII - INSURANCE Chapter: 402-M - ADMINISTRATIVE SUPERVISION

I. During the period of supervision, the commissioner, or designee, shall serve as the administrative supervisor. If the commissioner appoints a designee to serve as administrative supervisor, then such person shall have all of the powers of the commissioner granted under this section and shall be considered a state officer or official under RSA 99-D. The commissioner may impose operating restrictions or requirements on the insurer during the period of administrative supervision which are deemed necessary for the protection of policyholders or the general public. The commissioner may order the insurer to:
(a) Reduce the total amount of present and potential liability for policy benefits by reinsurance;
(b) Reduce, suspend, or limit the volume of business being accepted o

Log in to read the full statute text and search all NH RSAs.

Read Full Statute