33-16-1025. Interchange of rating plan -- data exchange -- cooperative action in ratemaking -- violation of part. (1) Reasonable rules and plans may be adopted by the commissioner for the interchange of data necessary for the application of rating plans.
(2) To ensure conformity in administering rate regulatory laws, the commissioner, each insurer, and the advisory organization designated by the commissioner may exchange information and experience data with insurance regulatory officials, insurers, and advisory organizations in other states and may consult with them with respect to ratemaking and the application of rating systems.
(3) Cooperation among advisory organizations or among insurers and advisory organizations in ratemaking or in other matters within the scope of this part is authorized, but the filings resulting from the cooperation are subject to all provisions of this part.
(4) The commissioner may review the cooperative activities and practices. If, after hearing, any cooperative activity or practice is found to violate the provisions of this part, a written order may be issued specifying that the activity or practice violates the provision of this part and requiring the discontinuance of the activity or practice.
History: En. Sec. 7, Ch. 186, L. 1995.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 16. Rates -- Rating and Advisory Organizations
Part 10. Workers' Compensation Rates and Advisory Organizations
33-16-1001. Declaration of policy and purpose
33-16-1002. Applicability of part
33-16-1003. Certain reciprocal insurers excluded
33-16-1007. Renumbered 33-16-1011
33-16-1009. and 33-16-1010 reserved
33-16-1011. Classification review committee -- membership -- term
33-16-1012. Functions and powers of classification review committee -- hearings -- rulemaking
33-16-1013. through 33-16-1019 reserved
33-16-1020. Competitive market -- hearing
33-16-1021. Ratemaking standards -- review by commissioner
33-16-1022. Dividends -- regulation or prohibition
33-16-1023. Membership in advisory organization
33-16-1027. Rate filing review
33-16-1028. Improper rates -- hearing
33-16-1029. Restrictions on certain insurers -- waiting period
33-16-1030. Delay of rates in noncompetitive market
33-16-1032. Acts reducing competition prohibited
33-16-1033. Advisory organization -- permitted activity
33-16-1034. Advisory organization -- prohibited activity