What types of insurance require additional regulation?

In New Hampshire, certain types of insurance require additional regulation, and the particular type of insurance which requires additional regulation is often determined on a case by case basis. Generally, areas of insurance which are considered sensitive or complex require additional regulations. Insurance policies that cover high-risk items, such as life insurance, can require additional regulations. Any insurance policy covering medical expenses, such as health insurance and disability insurance, also must meet additional regulatory requirements in order to protect individuals from potential fraud and abuse. Auto insurance, home insurance, and business insurance are also types of insurance that may require additional regulations, as these policies often cover large amounts of money and need additional protection. Any insurance policy that covers hazardous activities, such as aviation insurance, may also require additional regulations. This type of insurance is often heavily regulated due to its potential risks. Finally, any insurance policy which covers legal activities, such as malpractice insurance, must also meet additional regulations in order to ensure that individuals and organizations are adequately protected. In summary, New Hampshire requires additional regulations on certain types of insurance, such as life insurance, health insurance, disability insurance, auto insurance, home insurance, business insurance, aviation insurance, and malpractice insurance. Each type of insurance has specific requirements for additional regulations, but these regulations are necessary in order to protect individuals, organizations and their property.

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