§357. Information from insurance companies
1. Completion of forms. Every insurance company insuring employers under this Act shall fill out any blanks and answer all questions submitted that may relate to policies, premiums, amount of compensation paid and such other information as the board or the Superintendent of Insurance may determine important, either for the proper administration of this Act or for statistical purposes.
[PL 1991, c. 885, Pt. A, §8 (NEW); PL 1991, c. 885, Pt. A, §§9-11 (AFF).]
2. Explanation of reserving policy. Every insurance company subject to Title 24‑A, chapter 25, subchapter II-B shall, not later than 30 days after filing its annual statement, file with the Superintendent of Insurance a detailed explanation of its reserve policy in regard to claims under this Act, including specific reserve guidelines.
[PL 1991, c. 885, Pt. A, §8 (NEW); PL 1991, c. 885, Pt. A, §§9-11 (AFF).]
SECTION HISTORY
PL 1991, c. 885, §A8 (NEW). PL 1991, c. 885, §§A9-11 (AFF).
Structure Maine Revised Statutes
TITLE 39-A: WORKERS' COMPENSATION
Part 1: MAINE WORKERS' COMPENSATION ACT OF 1992
39-A §352. Lump-sum settlements
39-A §354. Multiple injuries; apportionment of liability
39-A §355. Employment Rehabilitation Fund
39-A §355-A. Supplemental Benefits Fund
39-A §355-B. Supplemental Benefits Oversight Committee
39-A §355-C. Powers and duties of committee; reimbursement
39-A §356. Funding of Supplemental Benefits Fund
39-A §357. Information from insurance companies
39-A §358. Reports and data collection (REPEALED)
39-A §358-A. Reports and data collection
39-A §359. Audits; penalty; monitoring
39-A §361. Payment to the Workers' Compensation Board Administrative Fund; enforcement