Sec. 1. 24-A MRSA §2304-A, sub-§1, as repealed and replaced by PL 1991, c. 377, §10, is amended to read:

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 any of the foregoing which that it proposes to use. Every such filing must state the effective date of the filing, and indicate the character and extent of the coverage contemplated. Every such filing must be made not less than 30 days in advance of the stated effective date unless that 30- day requirement is waived by the superintendent in unusual circumstances based upon the complexity of the rate filing. The superintendent shall expedite the review and approval of such rate filings whenever possible. The effective date may be suspended by the superintendent for a period of time not to exceed 60 days.

Sec. 2. 24-A MRSA §2412, sub-§2, as amended by PL 1973, c. 585, §12, is further amended to read:

2. Every such filing shall must be made not less than 30 days in advance of any such delivery. At the expiration of such the 30 days, the form so filed shall be is deemed approved unless prior thereto it has been affirmatively approved or disapproved by order of the superintendent. The superintendent shall expedite the review and approval of such filings whenever possible. Approval of any such the form by the superintendent shall constitute constitutes a waiver of any unexpired portion of such the waiting period. The superintendent may, in unusual circumstances based upon the complexity of the filing, extend by not more than an additional 30 days the period within which he the superintendent may so affirmatively approve or disapprove any such form, by giving notice to the insurer of such the extension before expiration of the initial 30 days 30-day period. At the expiration of any such the period as so extended, and in the absence of such prior affirmative approval or disapproval, any such form shall be is deemed approved. The superintendent may at any time, after hearing and for cause shown, withdraw any such approval.

Sec. 3. 24-A MRSA §3007, sub-§2, as enacted by PL 1985, c. 671, §2, is amended to read:

2. Except as provided by subsection 8, no contract of property insurance may be cancelled by an insurer prior to the