§2482. Review of commission decisions regarding filings -- Article 11
1. Appeal to review panel appointed by commission. Not later than 30 days after the commission has given notice of a disapproved product or advertisement filed with the commission, the insurer or 3rd-party filer whose filing was disapproved may appeal the determination to a review panel appointed by the commission. The commission shall promulgate rules to establish procedures for appointing a review panel and provide for notice and hearing. An allegation that the commission, in disapproving a product or advertisement filed with the commission, acted arbitrarily, capriciously or in a manner that is an abuse of discretion or otherwise not in accordance with the law is subject to judicial review in accordance with section 2474, subsection 5.
[PL 2003, c. 680, §1 (NEW).]
2. Commission may monitor, review and reconsider. The commission has authority to monitor, review and reconsider products and advertisements subsequent to their filing or approval upon a finding that the product does not meet the relevant uniform standard. Where appropriate, the commission may withdraw or modify its approval after proper notice and hearing, subject to the appeal process in subsection 1.
[PL 2003, c. 680, §1 (NEW).]
SECTION HISTORY
PL 2003, c. 680, §1 (NEW).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 28: INTERSTATE INSURANCE PRODUCT REGULATION COMPACT
24-A §2471. Short title -- Article 1
24-A §2472. Interstate Insurance Product Regulation Compact established; purposes
24-A §2473. Definitions -- Article 2
24-A §2474. Establishment of commission; venue -- Article 3
24-A §2475. Powers of the commission -- Article 4
24-A §2476. Organization of the commission -- Article 5
24-A §2477. Meetings; acts of commission -- Article 6
24-A §2479. Commission records and enforcement -- Article 8
24-A §2480. Dispute resolution -- Article 9
24-A §2481. Product filing and approval -- Article 10
24-A §2482. Review of commission decisions regarding filings -- Article 11
24-A §2483. Finance -- Article 12
24-A §2484. Compacting states, effective date and amendment -- Article 13
24-A §2485. Withdrawal, default and termination -- Article 14
24-A §2486. Construction -- Article 15
24-A §2487. Binding effect of compact and other laws -- Article 16