Section 379.880 – Public education.
Effective – 28 Aug 1969 379.880. Public education. — All insurers agree to undertake a continuing public education program, in cooperation with producers and others, to assure that the basic property insurance inspection and placement program receives adequate public attention. ——– (L. 1969 H.B. 772 § 379.131)
Section 379.830 – Procedure after inspection and submission.
Effective – 28 Aug 1986 379.830. Procedure after inspection and submission. — 1. The facility shall, within five business days after receipt of the inspection report and application, complete an action report advising that: (1) The risk is acceptable; or (2) The risk is acceptable at a surcharged rate and the improvements necessary before coverage […]
Section 379.835 – Joint reinsurance association.
Effective – 28 Aug 1986 379.835. Joint reinsurance association. — 1. A “Joint Reinsurance Association” (hereinafter referred to as “the association” ) shall be created consisting of all insurers. The association shall assume from the facility one hundred percent reinsurance on behalf of insurers and shall distribute the liability in accordance with section 379.825. 2. […]
Section 379.840 – Standard policy coverage and rating procedure.
Effective – 28 Aug 1969 379.840. Standard policy coverage and rating procedure. — All policies issued shall be for basic property insurance on the forms and in accordance with the rate or rating procedures approved by the director for use with the program. Such policies shall be issued for a term of one year. ——– […]
Section 379.845 – Cancellation or nonrenewal.
Effective – 28 Aug 1986 379.845. Cancellation or nonrenewal. — 1. The facility shall not cancel a policy or binder issued under the program without approval of the governing committee except in case of: (1) Evidence of incendiarism (meaning arson by or at the direction of the insured); or (2) For nonpayment of premium; or […]
Section 379.850 – Right of appeal.
Effective – 28 Aug 1986 379.850. Right of appeal. — 1. Any applicant may appeal a decision of the facility relating to the conditions for acceptance of coverage to the director, in writing, within thirty days from the decision of the facility. 2. Other than as provided in subsection 1 of this section, any applicant […]
Section 379.855 – Commissions.
Effective – 28 Aug 1969 379.855. Commissions. — 1. Commission under the program shall be twelve percent on new business and ten percent on renewal business on the policy premium and shall be paid to the licensed producer designated by the applicant. 2. If a licensed producer is not designated, the commission shall be deposited […]
Section 379.860 – Administration of program — governing committee, members, vacancies — immunity from liability, when.
Effective – 28 Aug 2020, 2 histories 379.860. Administration of program — governing committee, members, vacancies — immunity from liability, when. — 1. This program shall be administered by a governing committee (hereinafter referred to as “the committee”) of the facility, subject to the supervision of the director, and operated by a manager appointed by […]
Section 379.865 – Annual and special meetings.
Effective – 28 Aug 1969 379.865. Annual and special meetings. — 1. There shall be an annual meeting of the insurers and members of the governing committee on a date fixed by the committee. 2. A special meeting may be called at such time and place designated by the committee or upon the written request […]
Section 379.870 – Duties of the committee.
Effective – 28 Aug 1969 379.870. Duties of the committee. — 1. The committee shall meet as often as may be required to perform the general duties of administration of the program or on the call of the director. 2. The committee shall be empowered to appoint a manager, who shall serve at the pleasure […]