Do you write business in Rhode Island?By Lacy Berthold | May 21, 2014
A new Rhode Island law — calling for implementation of an uninsured motorist database — becomes effective July 1, 2014.
Note the short implementation window: The first official email went out May 9, and the state expects insurers to register next month and go live by November of this year.
The law, Chapter § 31-47.4 of the Rhode Island General Laws, requires a monthly book-of-business file for personal auto. Providing a commercial auto file is optional but recommended.
In an effort to help insurance companies comply, the state provided a tentative implementation schedule:
- by June 16, 2014 – Register on the Rhode Island Insurance Verification System (RIIVS) website.
- by September 5, 2014 – Complete testing.
- by November 7, 2014 – Begin submitting monthly production book-of-business files to RIIVS.
If you write business in the state of Rhode Island and would like more information, please contact Verisk CV-ALIR® Support at 1-866-733-9900, or email us at firstname.lastname@example.org.
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