Section 27-13-82 – Delegation of Authority by Commissioner.
Section 27-13-82 Delegation of authority by commissioner. Whenever, under the provisions of this article, the commissioner is authorized or required to do any act, he may designate an assistant or any salaried employee of the department to act in his place and stead, who shall report to the commissioner and advise the commissioner on the […]
Section 27-13-83 – Penalty for Violation of Article.
Section 27-13-83 Penalty for violation of article. Any rating organization, and any insurer, officer, agent, or representative thereof, failing to comply with, or otherwise willfully violating, any of the provisions of this article shall be guilty of a misdemeanor and, upon conviction, be punished by a fine of not less than $100.00 nor more than […]
Section 27-13-100 – “Advisory Organization” Defined.
Section 27-13-100 “Advisory organization” defined. “Advisory organization” means every group, association, or other organization of insurers, whether located within or without this state, which assists insurers which make their own filings or rating organizations in rate-making by collection and furnishing of loss or expense statistics or by the submission of recommendations, but which does not […]
Section 27-13-101 – Compliance With Article and Rules, etc., of Commissioner.
Section 27-13-101 Compliance with article and rules, etc., of commissioner. Every advisory organization assisting any rating organization or any insurer whose rates are subject to regulation under Article 2 of this chapter or any rating organization or any insurer whose rates are subject to regulation under Article 3 of this chapter, as a condition precedent […]
Section 27-13-102 – Filing With Commissioner; Orders by Commissioner Against Unfair Practices, etc., or Violations.
Section 27-13-102 Filing with commissioner; orders by commissioner against unfair practices, etc., or violations. (a) Every advisory organization shall file with the commissioner: (1) A copy of its constitution, its articles of agreement or association or its certificate of incorporation and its bylaws, rules, and regulations governing its activities; (2) A list of its members; […]
Section 27-13-103 – Advisory Organizations Deemed Subject to Examination.
Section 27-13-103 Advisory organizations deemed subject to examination. (a) Every advisory organization rendering assistance to a rating organization or to an insurer whose rates are subject to regulation under Article 2 of this chapter shall agree to be subject to examination in the same manner, and upon the same terms and conditions, as rating organizations […]
Section 27-13-104 – Enforcement and Administration of Article.
Section 27-13-104 Enforcement and administration of article. The commissioner is authorized, and directed, to enforce this article, and he is hereby authorized to make such orders, rules, and regulations as are reasonable and proper to facilitate the administration hereof. (Acts 1965, 2nd Ex. Sess., No. 120, p. 167, §5; Acts 1971, No. 407, p. 707, […]
Section 27-13-73 – Factors to Be Considered in Determining Reasonableness, etc., of Rates.
Section 27-13-73 Factors to be considered in determining reasonableness, etc., of rates. In every case where, pursuant to the provisions of the article, the commissioner is authorized or required to determine whether rates are reasonable and adequate and not unfairly discriminatory, he shall consider the factors and standards set forth in Section 27-13-65. (Acts 1945, […]
Section 27-13-105 – Construction of Article.
Section 27-13-105 Construction of article. The provisions of this article are supplemental and shall be construed in pari materia with other laws relating to insurance rates and rate-making. (Acts 1965, 2nd Ex. Sess., No. 120, p. 167, §7; Acts 1971, No. 407, p. 707, §313.)
Section 27-13-74 – Examination of Business, etc., of Rating Organizations and Insurers Making Own Rates.
Section 27-13-74 Examination of business, etc., of rating organizations and insurers making own rates. The commissioner may, whenever he deems it expedient, but at least once in every five years, make, or cause to be made, an examination of the business, affairs, and method of operation of each rating organization doing business in this state […]