Massachusetts General Laws
Chapter 175a - Regulation of Rates for Certain Casualty Insurance, Including Fidelity, Surety and Guaranty Bonds, and for All Other Forms of Motor Vehicle Insurance, and Regulation of Rating Organizations
Section 17 - Agreements and Rate Modifications; Commissioner's Approval

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

Massachusetts General Laws

Part I - Administration of the Government

Title XXII - Corporations

Chapter 175a - Regulation of Rates for Certain Casualty Insurance, Including Fidelity, Surety and Guaranty Bonds, and for All Other Forms of Motor Vehicle Insurance, and Regulation of Rating Organizations

Section 1 - Title

Section 2 - Purpose

Section 3 - Definitions

Section 4 - Application; Exceptions

Section 5 - Rates; Regulatory Provisions; Insurance Company Groups

Section 5c - Experience Review Plans

Section 6 - Rules, Rates, Classifications; Filing With Commissioner; Waiver of Filing; Excessive Rate on Specific Risk; Approval

Section 7 - Improper Filing; Hearings; Aggrieved Persons; Remedies

Section 8 - Rating Organization; Application for License; Regulation; Fee; Subscription for Services by Insurer

Section 9 - Rating Organization; Rights of Members

Section 10 - Rating Organization; Action or Decision; Appeal

Section 10a - Rating Organization; Toll Free Tip Line for Reporting Suspected Motor Vehicle Theft; Rewards for Information

Section 11 - Rate Information; Furnishing to Insured; Appearance by Agent or Broker

Section 12 - Advisory Organization

Section 13 - Joint Reinsurance; Regulations

Section 14 - Rating Organizations, etc.; Examination; Confidentiality and Privilege; Power of Commissioner; Costs

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

Section 20 - Severability