33-16-203. Rates filed. (1) Every insurer, rating organization, or advisory organization shall file with the commissioner all rates intended for use within this state, together with supporting data sufficient to substantiate the filing. The filing required by this subsection may be made by rating organizations on behalf of their members and subscribers. However, this provision does not prohibit a member or subscriber from filing rates on its own behalf. Any deviations from a rating organization's rates by a member or subscriber must be filed with the commissioner and must be accompanied by supporting data.
(2) Rates filed must provide for a premium reduction to:
(a) qualified insured operators 55 years of age or older in accordance with 33-16-222; or
(b) qualified members of the Montana national guard in accordance with 33-16-230.
History: En. Sec. 21, Ch. 362, L. 1969; amd. Sec. 1, Ch. 469, L. 1977; R.C.M. 1947, 40-3654(2); amd. Sec. 1, Ch. 241, L. 1979; amd. Sec. 7, Ch. 49, L. 1987; amd. Sec. 2, Ch. 576, L. 2005.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 16. Rates -- Rating and Advisory Organizations
Part 2. Rates and Rating Plans
33-16-201. Standards applicable to rates
33-16-202. Recording and reporting of loss and expense experience
33-16-204. Review of rates on request by aggrieved person
33-16-205. Noncompliance of rates -- notice
33-16-206. Hearings -- notice -- subject of hearing
33-16-207. through 33-16-210 reserved
33-16-211. Order prohibiting use of rate or rating system
33-16-212. through 33-16-220 reserved
33-16-222. Requirement for rate reduction
33-16-223. Effective period of reduction
33-16-225. When discount not applicable
33-16-226. through 33-16-229 reserved
33-16-230. Rate reduction for military defensive drivers -- effective period -- exclusions