Massachusetts General Laws
Chapter 26 - Department of Banking and Insurance
Section 8d - Certification and Collection of Assessment

Section 8D. On or before October first in any fiscal year, the commissioner of insurance shall certify to the commissioner of corporations and taxation the amount of assessment to be made and the name and address of each company against whom such assessment is to be made. Such assessment shall be collected by the commissioner of corporations and taxation in accordance with applicable provisions of chapter sixty-three; provided, however, that each company shall pay the amount assessed against it within thirty days from the receipt of notice of assessment from the commissioner of corporations and taxation. The amount so collected shall be credited to the funds to which the appropriations for the division of insurance are charged, and in the same proportion as such appropriations are charged.

Structure Massachusetts General Laws

Massachusetts General Laws

Part I - Administration of the Government

Title II - Executive and Administrative Officers of the Commonwealth

Chapter 26 - Department of Banking and Insurance

Section 2 - Commissioner of Banks

Section 3 - Deputy Commissioner of Banks; Deputy Commissioner and General Counsel; Assistants; Expenses; Bonds

Section 3a - Consumer Assistance Unit

Section 4 - Supervisor of Loan Agencies

Section 5 - Board of Bank Incorporation

Section 5a - Small Loans Regulatory Board

Section 6 - Commissioner of Insurance

Section 7 - Deputies and Assistants in Division of Insurance; Appointments; Duties; Hearings; Appeals to Commissioner

Section 7a - Health Care Access Bureau; Duties; Employees; Assessment Against Carriers

Section 7b - Interdepartmental Service Agreement With Department of Revenue; Limitations on Transfer of Personal Information; Impact of Violations Upon Licensing of Entities to Provide Health Coverage

Section 8a - Board of Appeal on Motor Vehicle Liability Policies and Bonds

Section 8b - Fraudulent Claims Board; Establishment; Membership; Investigative Powers; Accident Reports; Chief of Accident Claims Investigations; Apportionment of Costs; Penalty

Section 8c - Assessments Against Licensed Insurers

Section 8d - Certification and Collection of Assessment

Section 8e - Rating Bureau; Investigations; Assessments; Employees; Medical Malpractice Liability Insurance

Section 8f - Assessments by Insurance Companies; Amount; Annual Estimates of Earned Car Years

Section 8g - Auto Damage Appraiser Licensing Board; Appraisers; Licensing; Damage Reports; Seal

Section 8h - Assessments; Domestic Insurers; Actuary and Assistant Actuary; Identification of Medical Assistance Recipients

Section 8i - Medical Malpractice Analysis Bureau; Duties; Appointments; Assessments

Section 8j - Maintenance Assessment Against Life Insurers

Section 8k - Enforcement of Federal Mental Health Parity and Addiction Equity Act, Section 511 of Public Law 110–343, and Applicable State Mental Health Parity Laws

Section 8l - Implementation and Enforcement of Patient Protection and Affordable Care Act and Women's Health and Cancer Rights Act of 1998 Regarding Licensed Carriers Pursuant to Chapters 175, 176a, 176b, 176e, 176f and 176g