How much advance notice must the Rhode Island Commissioner of Insurance provide before holding an investigatory hearing?

The correct advance notice that the Rhode Island Commissioner of Insurance must provide before conducting an investigatory hearing is 10 days. This requirement ensures that all parties involved are given an adequate amount of time to prepare for the hearing. Such notice is essential for maintaining transparency and allowing for proper representation and the opportunity to present evidence or arguments. This timeframe aligns with regulatory standards aimed at ensuring fair practices in the insurance industry. In contrast, the other options represent lengths of time that exceed the required notice period, which could hinder the efficiency and effectiveness of the investigatory process.