§ 27-9-3 - Insurers covered – Election between regulatory laws.
SECTION 27-9-3
§ 27-9-3 Insurers covered – Electionbetween regulatory laws. – This chapter applies to all insurers, which, under any provision of the laws ofthis state, write any of the kinds of insurance to which this chapter applies.If any kind of insurance, or subdivision or combination of insurance, or typeof coverage, subject to this chapter is also subject to regulation by anotherrate regulatory act of this state, an insurer to which both acts are applicableshall file with the insurance commissioner, referred to in this chapter as "thecommissioner," a designation as to which rate regulatory act shall beapplicable to it with respect to that kind of insurance, or subdivision orcombination of insurance, or type of coverage.