Rhode Island Code of Regulations
Title 230 - Department of Business Regulation
Chapter 20 - Insurance
Subchapter 40 - Claims
Part 2 - Unfair Property/Casualty Claims Settlement Practices
Section 230-RICR-20-40-2.2 - Purpose
The purpose of this Part is to establish minimum standards for the investigation and disposition of property and casualty claims arising under insurance policies or certificates as defined in this Part and issued to residents of Rhode Island. It is not intended to cover claims involving workers' compensation, fidelity, suretyship, or boiler and machinery insurance. The various provisions of this Part are intended to define procedures and practices which constitute unfair claims practices. Nothing herein shall be construed to create nor imply a private cause of action for violation of this part. This is merely a clarification of original intent and does not indicate any change of position.