374.410. Director to be notified of changes in town grading schedules--may set aside, when. - Missouri Statutes

Director to be notified of changes in town grading schedules--mayset aside, when.

374.410. Whenever any insurer, group, association or other organizationof insurers, or rating organization shall change any town grading scheduleused in connection with the development of rates under policies of homeowners'insurance, dwelling-owners' insurance, renters' or tenants' insurance, orresidential fire insurance written upon property located within this state,such change shall be filed with the director of the department of insurance,financial institutions and professional registration. The director of thedepartment of insurance, financial institutions and professional registrationmay set aside any change in town grading schedules that he finds is notsupported by substantial evidence and credible data acquired under sections374.400 to 374.410.

(L. 1978 H.B. 1302 § 3)