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40-958. Same; deviations from rating organization filings.

40-958

Chapter 40.--INSURANCE
Article 9.--GENERAL PROVISIONS RELATING TO FIRE INSURANCE COMPANIES

      40-958.   Same; deviations from rating organization filings.Every member of or subscriber to a rating organization shalladhereto the filings made on its behalf by such organization, except any such insurermay make independent filings or may deviate from the manual of classifications,rules and rates or rating plans filed by the ratingorganization for a kind of insurance, or asubdivision thereof, by filing notice of intent to do so with the commissioner.Those deviations shall take effect upon filing such notice, except for thoselines which require prior approval of the commissioner, in which case theyshall become effective on approval by the commissioner or 30 days afterthe notice is filedwith the commissioner, whichever is sooner.

      History:   L. 1997, ch. 154, § 8; July 1.

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