Effective – 01 Jul 1987 379.882. Definitions for sections 379.882 to 379.886. — As used in sections 379.882 to 379.886: (1) “Commercial casualty insurance” means casualty insurance for business or nonprofit interests which is not for personal, family or household purposes, and which is provided by issuance of a policy of insurance and not merely […]
Effective – 28 Aug 1998 379.883. Policy cancellation or nonrenewal requirement of sixty days prior to notification — notice content. — 1. No notice of cancellation of a commercial casualty insurance policy shall be effective unless prior written notice of the cancellation is mailed or delivered by the insurer to the named insured at least […]
Effective – 01 Jul 1987 379.884. Policyholder’s right to history of policy, when. — In the case of a cancellation or nonrenewal, the policyholder shall have the right to receive within thirty days of his written request, a statement of his claims history for that policy for the three years prior to the date of […]
Effective – 01 Jul 1987 379.885. Proof of mailing notice of cancellation or nonrenewal. — Proof of mailing of notice of cancellation or of intention not to renew or reasons for cancellation to the named insured at the address shown in the policy shall be sufficient proof of notice. ——– (L. 1987 H.B. 700 § […]
Effective – 01 Jul 1987 379.886. Cancellation or nonrenewal of entire line or class of insurance requires ninety days’ prior notice to director. — No insurance company shall cancel or nonrenew an entire line or class of commercial casualty insurance without giving ninety days’ prior written notice to the director prior to the mailing of […]
Effective – 28 Aug 2001 379.888. Definitions for sections 379.888 to 379.893 — notice to insured, when — department to notify insurers. — 1. As used in sections 379.888 to 379.893, the following terms mean: (1) “‘A’ rated risk”, any insurance coverage for which rates are individually determined based upon judgment because neither a rate […]
Effective – 28 Aug 2002 379.889. Rates not to be excessive, inadequate, or unfairly discriminatory — unfair discrimination defined. — Commercial casualty insurance rates shall not be excessive, inadequate or unfairly discriminatory. No rate shall be held to be excessive unless such rate is unreasonably high for the insurance coverage provided. No rate shall be […]
Effective – 28 Aug 2002 379.890. Rates, rate plan or rate system filing, when — required actuarial data. — Supporting actuarial data shall be filed in support of a commercial casualty insurance rate, rating plan, or rating system filing, whenever requested by the director to determine whether rates are excessive, inadequate or unfairly discriminatory. The […]
Effective – 28 Aug 1995 379.893. Rules and regulations on modification of rate base, authority of director — procedure. — The director shall have authority to promulgate reasonable rules and regulations limiting or modifying any aspect of any commercial casualty insurance rating plan or rating system which involves a possible modification of the base rate. […]
Effective – 01 Jul 1987 379.895. Annual report by commercial casualty insurance companies — form — content of report — exceptions. — 1. Every insurance company doing commercial casualty business in this state shall annually on or before March first report its closed claims experience for the previous calendar year to the director on a […]
