Section 17. Agreements may be made among 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 modifications to be subject to the approval of the commissioner.
Structure Massachusetts General Laws
Part I - Administration of the Government
Section 4 - Application; Exceptions
Section 5 - Rates; Regulatory Provisions; Insurance Company Groups
Section 5c - Experience Review Plans
Section 7 - Improper Filing; Hearings; Aggrieved Persons; Remedies
Section 9 - Rating Organization; Rights of Members
Section 10 - Rating Organization; Action or Decision; Appeal
Section 11 - Rate Information; Furnishing to Insured; Appearance by Agent or Broker
Section 12 - Advisory Organization
Section 13 - Joint Reinsurance; Regulations
Section 15 - Rating Organizations; Regulations; Commissioner's Power to Promulgate Rules
Section 16 - False or Misleading Information
Section 17 - Agreements and Rate Modifications; Commissioner's Approval
Section 18 - Violation of This Chapter; Penalty
Section 19 - Aggrieved Insurer or Rating Organization; Hearing Before Commissioner; Appeal