Rhode Island Code of Regulations
Title 230 - Department of Business Regulation
Chapter 20 - Insurance
Subchapter 05 - Personal Lines - Automobile and Homeowners Insurance
Part 11 - Basic Property Insurance Inspection and Placement Program (230-RICR-20-05-11)
Section 230-RICR-20-05-11.14 - Commissions

A. Commissions to the licensed Producer designated by the applicant shall be set by the Governing Committee with approval of the Commissioner.

B. In the event of cancellation of a policy, or if an endorsement is issued which requires premium to be returned to the insured, the Producer shall refund ratably to the Association commissions on the unearned portion of canceled liability and on reductions in premiums at the same rate at which such commissions were originally paid.

C. All Insurers shall solicit the cooperation of their agents with this Program and no Producer shall be penalized for submitting risks to the Association.