§2301. Purpose of chapter; interpretation The purpose of this chapter is to promote the public welfare by regulating insurance rates, in accordance with the intent of Congress as expressed in Public Law 15 — 79th Congress, to the end that they shall not be excessive, inadequate or unfairly discriminatory, and to authorize and regulate limited […]
§2302-A. Definitions As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1989, c. 797, §2 (NEW); PL 1989, c. 797, §§37, 38 (AFF).] 1. “Commercial lines” means any line of insurance that is not a personal line. [PL 1989, c. 797, §2 (NEW); PL […]
§2302. Scope of chapter 1. This chapter applies to: A. Casualty insurance and all forms of motor vehicle insurance on risks or operations in this State; [PL 1969, c. 132, §1 (NEW).] B. Surety insurance; [PL 1969, c. 132, §1 (NEW).] C. Property, marine and inland marine insurance on risks located in […]
§2303-A. Surcharge An insurer may not surcharge a motor vehicle insurance policy based on a motor vehicle operator’s license suspension when that suspension is pursuant to Title 29‑A, section 2472, subsection 3, paragraph B, except in accordance with this section. If the person had an alcohol level of at least 0.05 grams or more of […]
§2303-B. Clean fuel vehicle incentive An insurer may credit or refund any portion of the premium charges for an insurance policy for a clean fuel vehicle in order to encourage its policyholders to use clean fuel vehicles if insurance premiums on other vehicles are not increased to fund these credits or refunds. [PL 1997, […]
§2303. Making of rates 1. Rates shall be made in accordance with the following provisions. A. Manual, minimum, class rates, rating schedules or rating plans shall be made and adopted, except in the case of specific inland marine rates on risks specially rated. [PL 1969, c. 132, §1 (NEW).] B. Rates shall not […]
§2304-A. Rate filings 1. Every insurer shall file with the superintendent, except as to inland marine risks, which by general custom of the business are not written according to manual rates or rating plans, every manual rate, minimum premium, class rate, rating schedule or rating plan and every other rating rule, and every modification of […]
§2304-B. Reference filings 1. An insurer may satisfy its obligations to make rate filings by becoming a participating insurer of a licensed advisory organization that makes reference filings of advisory prospective loss costs and by authorizing the superintendent to accept reference filings on its behalf. The insurer’s rates are the prospective loss costs filed by […]
§2304-C. Physicians and surgeons liability insurance rates Physicians and surgeons liability insurance rate filings are first subject to this section, but any other provisions of this chapter not inconsistent with this section also apply. Notwithstanding this section, filings made by advisory organizations are subject to this section only to the extent permitted by law, and […]
§2304. Rate filings (REPEALED) SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 113 (AMD). PL 1973, c. 585, §12 (AMD). PL 1989, c. 192, §1 (AMD). PL 1989, c. 797, §§7,37,38 (RP). PL 1989, c. 843, §1 (AMD). PL 1991, c. 377, §9 (AMD).
§2305. Exemption from filing Under such rules and regulations as may be adopted, the superintendent may, by written order, suspend or modify the requirement of filing as to any kind of insurance, subdivision or combination thereof, or as to classes of risks, the rates for which cannot practicably be filed before they are used. Such […]
§2306. Disapproval of filing 1. If at any time the superintendent has reason to believe that a filing does not meet the requirements of this chapter, or violates any of the provisions of chapter 23, the superintendent shall, after a hearing held upon not less than 10 days’ written notice, specifying the matters to be […]
§2307. Limitation of disapproval power A manual of classifications, rule or rating plan or any modification of any of the foregoing that establishes standards for measuring variations in hazards or expense provisions, or both, and that has been filed pursuant to section 2304‑A may not be disapproved if the rates produced meet the requirements of […]
§2308. Excess rates 1. A rate in excess of that provided by a filing otherwise applicable may be used on any specific risk, providing that the following requirements are satisfied. A. The insurer files a written application with the superintendent signed by the insured or applicant stating the reasons for the request. [PL […]
§2309. Rating organizations — filings for members and subscribers authorized (REPEALED) SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1969, c. 177, §36 (AMD). PL 1973, c. 585, §12 (AMD). PL 1989, c. 797, §§12,37,38 (AMD). PL 1991, c. 885, §B3 (RP). PL 1991, c. 885, §B13 (AFF).
§2310. Workers’ compensation rating organizations — licensing (REPEALED) SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1975, c. 767, §20 (AMD). PL 1977, c. 694, §§416,417 (AMD). PL 1989, c. 797, §§13,37,38 (AMD). PL 1991, c. 885, §B4 (RP). PL 1991, c. 885, §B13 (AFF).
§2311. Subscribers to workers’ compensation rating organizations (REPEALED) SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1989, c. 797, §§14,37,38 (AMD). PL 1991, c. 885, §B5 (RP). PL 1991, c. 885, §B13 (AFF).
§2312. Notice of changes (REPEALED) SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1973, c. 585, §12 (AMD). PL 1989, c. 797, §§15,37,38 (AMD). PL 1991, c. 885, §B6 (RP). PL 1991, c. 885, §B13 (AFF).
§2313. Rules not to affect dividends (REPEALED) SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1989, c. 797, §§16,37,38 (AMD). PL 1991, c. 885, §B7 (RP). PL 1991, c. 885, §B13 (AFF).
§2314. Technical services (REPEALED) SECTION HISTORY PL 1969, c. 132, §1 (NEW). PL 1989, c. 797, §§16,37,38 (AMD). PL 1991, c. 885, §B7 (RP). PL 1991, c. 885, §B13 (AFF).
