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New Hampshire · Through 2025 regular legislative session, or December 2025

RSA 405-B:2: Definitions.

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Where this section sits in the code
  1. Title XXXVII: INSURANCE
  2. Chapter 405-B: NONADMITTED INSURANCE, MULTI-STATE RISKS PREMIUM COLLECTION AND DISBURSEMENT

In this chapter:

I. "Commissioner" means the insurance commissioner.

II. "Home state" means, except as provided in subparagraph (b), with respect to an insured:

(a) The state in which an insured maintains its principal place of business or, in the case of an individual, the individual's principal residence; or

(b) If 100 percent of the insured risk is located out of the state referred to in subparagraph (a), the state to which the greatest percentage of the insured's taxable premium for that insurance contract is allocated.

III. "Multi-state risk" means a risk covered by a nonadmitted insurer with insured exposures in more than one state.

Collected 2026-09-05T16:01:35Z. Source file · JSON

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