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§2321-C
Title 24-A: MAINE INSURANCE CODE
Chapter 25: RATES AND RATING ORGANIZATIONS
Subchapter 1: GENERAL PROVISIONS
§2321-E

§2321-D. Advisory organizations; permitted activity

An advisory organization, in addition to other activities not prohibited, is authorized on behalf of its members and subscribers to:   [PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
1.  Develop statistical plans including territorial and class definitions;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
2.  Collect statistical data from members, subscribers or any other source;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
3.  Prepare and distribute prospective loss costs;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
4.  Prepare and distribute factors, calculations or formulas pertaining to classification, territory, increased limits and other variables;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
5.  Prepare and distribute manuals of rating rules and rating schedules that do not include final rates, expense provisions, profit provisions or minimum premiums;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
6.  Distribute information that is required or directed to be filed with the superintendent;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
7.  Conduct research and on-site inspections in order to prepare classifications of public fire defenses;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
8.  Consult with public officials regarding public fire protection as it would affect members, subscribers and others;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
9.  Conduct research and collect statistics in order to discover, identify and classify information relating to causes or prevention of losses;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
10.  Prepare policy forms and endorsements and consult with members, subscribers and others relative to their use and application;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
11.  Conduct research and on-site inspections for the purpose of providing risk information relating to individual structures;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
12.  Collect, compile and distribute past and current prices of individual insurers, and publish such information;  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
13.  File final rates, at the direction of the superintendent, for residual market mechanisms; and  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
14.  Furnish any other services, as approved or directed by the superintendent, related to those enumerated in this section.  
[PL 1989, c. 797, §23 (NEW); PL 1989, c. 797, §§37, 38 (AFF).]
SECTION HISTORY
PL 1989, c. 797, §§23,37,38 (NEW).
The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.
Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007
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