41-1441. ASSIGNED RISKS. Agreements may be made among casualty insurers with respect to the equitable apportionment among them of insurance which may be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods, and such insurers may agree among themselves on the use of reasonable rate modifications for such insurance, such agreements and rate codifications to be subject to the approval of the director. Premium charges for the assigned risk plan shall not be excessive, inadequate, nor unfairly discriminatory and shall provide sufficient revenue to make the plan self-sustaining and self-supporting.
History:
[I.C., sec. 41-1441, as added by 1969, ch. 306, sec. 18, p. 917; am. 1996, ch. 305, sec. 2, p. 1001.]
Structure Idaho Code
Chapter 14 - PROPERTY INSURANCE RATES
Section 41-1401 - SCOPE OF CHAPTER.
Section 41-1402 - PURPOSE OF LAW — INTERPRETATION.
Section 41-1405 - RATE STANDARDS.
Section 41-1415 - RATING ORGANIZATIONS — LICENSING.
Section 41-1416 - PERIOD LICENSE EFFECTIVE — RENEWAL — FEE — SUSPENSION OR REVOCATION.
Section 41-1417 - ADMISSION OF SUBSCRIBERS — SERVICES NONDISCRIMINATORY.
Section 41-1420 - NOTICE OF RATING ORGANIZATION CHANGES.
Section 41-1421 - TECHNICAL SERVICES.
Section 41-1425 - ADVISORY ORGANIZATIONS.
Section 41-1426 - JOINT UNDERWRITING OR JOINT REINSURANCE.
Section 41-1428 - RECORDING AND REPORTING OF LOSS AND EXPENSE EXPERIENCE.
Section 41-1429 - INTERCHANGE OF DATA — CONSULTATION.
Section 41-1430 - DISCLOSURE OF INFORMATION AND IMMUNITY.
Section 41-1431 - FALSE OR MISLEADING INFORMATION.
Section 41-1432 - PENALTIES FOR VIOLATIONS OR NONCOMPLIANCE.
Section 41-1433 - RULES AND REGULATIONS.
Section 41-1434 - HEARING PROCEDURE.
Section 41-1436 - DEFINITIONS.
Section 41-1437 - MAKING AND USE OF RATES.