Chapter 27-6. Fire and Marine Insurance Rating
Section
27-6-1Purpose.27-6-2Applicability.27-6-3Insurers to which chapter applicable — Election between applicable laws.27-6-4Considerations in ratemaking.27-6-5Uniformity of rates.27-6-6Contracts as to commissions or compensation.27-6-6.1Approval of policies.27-6-7Use of rates.27-6-8Filing of rate schedules and plans.27-6-8.1Rating for nonbusiness policies.27-6-8.2Premium reduction for fire code safety prevention.27-6-9Filings by rating organizations.27-6-10Review of filings.27-6-11Waiting period — Effective date of filings.27-6-11.1Costs.27-6-12Effective date of inland marine rates.27-6-13Suspension or modification of requirements — Examinations as to fairness.27-6-14Rates on specific risks exceeding filed rates.27-6-15Compliance with rate filings required.27-6-16Review of rates not provided for by filings.27-6-17Notice of disapproval within waiting period.27-6-18Disapproval of specific inland marine rates.27-6-19Suspension of rates or filings after review period — Removal of discriminatory applications of rates.27-6-20Hearings on application by persons aggrieved by filings — Order terminating filing — Removal of discrimination.27-6-21Competitive rates as evidence of fairness — Profit as evidence of adequacy.27-6-22Filed schedules and plans not to be disapproved if rates meet requirements.27-6-23Licensing of rating organizations.27-6-24Admission of and services to subscribers.27-6-25Regulation by rating organizations of payments by insurers to policyholders or members.27-6-26Cooperation among rating organizations and insurers — Review of cooperative practices.27-6-27Examination of policies and records by rating organizations.27-6-28Actuarial and technical services furnished by rating organizations.27-6-29Adherence to rating organization filings — Deviation filings.27-6-30Appeals from action of rating organization on changes in filings.27-6-31Rate information furnished to insured.27-6-32Review of application of rating system to insured.27-6-33“Advisory organization” defined.27-6-34Documents filed by advisory organizations.27-6-35Unlawful practices of advisory organizations.27-6-36Use of information from noncomplying advisory organization.27-6-37Provisions applicable to joint underwriting and reinsurance.27-6-38Unlawful practices of joint underwriters or reinsurers.27-6-39Examination of rating and advisory organizations and underwriting and reinsurance groups.27-6-40Reports on examinations — Hearing and filing.27-6-41Collection and compilation of experience statistics.27-6-42Interchange of rating plan data.27-6-43Cooperation with other states.27-6-44Rules and regulations.27-6-45False or misleading information.27-6-46[Repealed.]27-6-47Penalty for violations.27-6-48Suspension or revocation of licenses.27-6-49Hearings on decisions of commissioner.27-6-50Pleadings and evidence at hearings.27-6-51Judicial review of orders and decisions.27-6-52Severability.27-6-53Use of credit rating.