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 Repealed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 Repealed.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 […]
33-16-1026. Rate filings
33-16-1026. Rate filings. (1) A workers’ compensation advisory organization shall file with the commissioner: (a) workers’ compensation rates and rating plans that are limited to prospective loss costs; (b) each workers’ compensation policy form to be used by its members or subscribers; (c) the uniform classification plan and rules of the advisory organization; (d) the uniform experience rating plan and […]
33-16-1027. Rate filing review
33-16-1027. Rate filing review. (1) The commissioner shall review each insurance filing to ensure compliance with the following guidelines: (a) The effective date of each workers’ compensation insurer or advisory organization filing must be the date specified in the filing. The effective date of the filing may not be earlier than 30 days after the date on […]
33-16-1028. Improper rates — hearing
33-16-1028. Improper rates — hearing. (1) If the commissioner finds that a rate is not in compliance with 33-16-1021 or that a rate has been set in violation of 33-16-1032, the commissioner shall order that its use be discontinued for any policy issued or renewed after the date of the order, and the order may prospectively […]
33-16-1029. Restrictions on certain insurers — waiting period
33-16-1029. Restrictions on certain insurers — waiting period. (1) The commissioner may require that a particular insurer file any of its rates and supplementary rate information 30 days prior to the effective date of the rates, if the commissioner finds after a hearing that the protection of the interests of the insurer’s insureds and the public […]
33-16-1030. Delay of rates in noncompetitive market
33-16-1030. Delay of rates in noncompetitive market. (1) A 30-day waiting period may be implemented or extended under one of the following circumstances: (a) after finding that the market is not competitive under 33-16-1020, the commissioner adopts a rule requiring that any subsequent changes in rates or supplementary information must be filed with the commissioner at least […]
33-16-1031. Consent to rate
33-16-1031. Consent to rate. Notwithstanding any other provision of this part, upon the written consent of the insured, filed with the commissioner, a rate in excess of that determined in accordance with the other provisions of this part may be used on any specific risk. History: En. Sec. 13, Ch. 186, L. 1995.
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 […]