379.430. Insurers may act in concert with respect to rates. - Missouri Statutes

Insurers may act in concert with respect to rates.

379.430. 1. Subject to the provisions of sections 379.420to 379.510, two or more licensed insurers may act in concert witheach other and with others with respect to any or all matterspertaining to the making of rates, rating plans or rating systemsor the preparation or making of insurance policy or bond forms,underwriting rules, surveys, inspections and investigations orthe furnishing of loss or expense statistics or other informationand data, or carrying on of research.

2. Two or more insurers may act in concert in the making oruse of rates when executing fidelity or surety bonds throughcosurety or reinsurance, or when affiliated through commonownership, management or control.

(L. 1947 V. II p. 254 § 3)