33-16-1032. Acts reducing competition prohibited
33-16-1032. Acts reducing competition prohibited. (1) In this section, the word “insurer” includes two or more affiliated insurers engaged in joint or cooperative underwriting, investment management, marketing, servicing, or administration of their business and affairs as insurers and: (a) under common management; or (b) under common controlling ownership or under other common effective legal control. (2) An insurer or […]
33-16-1023. Membership in advisory organization
33-16-1023. Membership in advisory organization. (1) The commissioner shall designate one workers’ compensation advisory organization to assist the commissioner in gathering, compiling, and reporting relevant statistical information. Each workers’ compensation insurer shall record and report its workers’ compensation experience to the designated advisory organization as set forth in the uniform statistical plan approved by the commissioner. […]
33-16-1024. Repealed
33-16-1024. Repealed. Sec. 22, Ch. 320, L. 2015. History: En. Sec. 6, Ch. 186, L. 1995; amd. Sec. 5, Ch. 276, L. 1997.
33-16-1025. Interchange of rating plan — data exchange — cooperative action in ratemaking — violation of part
33-16-1025. Interchange of rating plan — data exchange — cooperative action in ratemaking — violation of part. (1) Reasonable rules and plans may be adopted by the commissioner for the interchange of data necessary for the application of rating plans. (2) To ensure conformity in administering rate regulatory laws, the commissioner, each insurer, and the advisory organization […]
33-16-1006. Repealed
33-16-1006. Repealed. Sec. 5, Ch. 114, L. 1981. History: En. Sec. 17, Ch. 329, L. 1969; R.C.M. 1947, 40-5617.
33-16-1007. Renumbered 33-16-1011
33-16-1007. Renumbered 33-16-1011. Code Commissioner, 1981.
33-16-1008. Definitions
33-16-1008. Definitions. As used in this part, the following definitions apply: (1) ”Accepted actuarial standards” means the standards adopted by the casualty actuarial society in its Statement of Principles Regarding Property and Casualty Insurance Ratemaking and the Standards of Practice adopted by the actuarial standards board. (2) (a) ”Advisory organization” means a person or organization that either has two […]
33-16-1009. and 33-16-1010 reserved
33-16-1009 and 33-16-1010 reserved.
33-16-1011. Classification review committee — membership — term
33-16-1011. Classification review committee — membership — term. (1) There is a classification review committee. (2) The committee is composed of five voting members, consisting of: (a) two representatives of private insurance carriers writing workers’ compensation insurance in Montana. The members must be appointed by the Montana commissioner of insurance. (b) one licensed independent insurance producer who resides in […]
33-16-1012. Functions and powers of classification review committee — hearings — rulemaking
33-16-1012. Functions and powers of classification review committee — hearings — rulemaking. (1) The classification review committee shall: (a) meet not less than semiannually to conduct its business; (b) make the final determination regarding the establishment or revision of all classifications in accordance with the procedures set forth in Title 2, chapter 4, part 3; (c) publish material and […]