§ 27-7.1-24. Transition.
Insurers and an advisory organization are not required to immediately refile rates previously approved. For five (5) years after July 7, 1998, any member or subscriber of an advisory organization is authorized to continue to use all rates and deviations filed or approved for its use until the insurer makes its own filing to change its rates, either by making an independent filing and adopting an advisory organization’s approved prospective loss costs, or modifications of those loss costs. No advisory organization shall file, and the department of business regulation shall not accept a filing by an advisory organization, as to proposed changes in rates previously approved unless the filing shall include relevant data through July 7, 2003.
History of Section.P.L. 1998, ch. 148, § 3; P.L. 2001, ch. 18, § 1; P.L. 2001, ch. 34, § 1.
Structure Rhode Island General Laws
Chapter 27-7.1 - Workers’ Compensation Insurance
Section 27-7.1-1. - Applicability.
Section 27-7.1-1.1. - Definitions.
Section 27-7.1-2. - Approval of policies.
Section 27-7.1-3, 27-7.1-4. - Repealed.
Section 27-7.1-4.1. - Standards for approval of rates.
Section 27-7.1-5.1. - Rate filings.
Section 27-7.1-6.1. - Disapproval of rates.
Section 27-7.1-6.2. - Consent to rate.
Section 27-7.1-7.1. - Information to be furnished insureds.
Section 27-7.1-7.2. - Repealed.
Section 27-7.1-8.1. - Services of advisory organizations.
Section 27-7.1-9.1. - Membership in rating organization.
Section 27-7.1-10. - Repealed.
Section 27-7.1-10.1. - Procedural rules — Rate administration — Consultation with other states.
Section 27-7.1-11. - Repealed.
Section 27-7.1-11.1. - Challenge and review of application of rating system.
Section 27-7.1-12. - Repealed.
Section 27-7.1-12.1. - Acts reducing competition prohibited.
Section 27-7.1-13.1. - False or misleading information.
Section 27-7.1-13.2. - Group workers’ compensation insurance.
Section 27-7.1-14 - — 27-7.1-17. Repealed.
Section 27-7.1-19. - Midterm notice of cancellation.
Section 27-7.1-20. - Cost control — Insurers.
Section 27-7.1-21. - Cost control — Insured.
Section 27-7.1-22. - Repealed.
Section 27-7.1-23. - Repealed.