Rhode Island General Laws
Chapter 27-7.1 - Workers’ Compensation Insurance
Section 27-7.1-9.1. - Membership in rating organization.

§ 27-7.1-9.1. Membership in rating organization.
(a) The director shall appoint one or more advisory organizations licensed in accordance with § 27-9-22 to assist the director in gathering, compiling, and reporting relevant statistical information. Every workers’ compensation insurer shall record and report its workers’ compensation experience to the advisory organization as set forth in the uniform statistical plans submitted by the advisory organization to the director.
(b) Except for corporations organized under chapter 7.2 of this title, each workers’ compensation insurer shall be a member of an advisory organization. Each workers’ compensation insurer may adhere to the policy terms filed by the advisory organization.
(c) Every workers’ compensation insurer shall adhere to the uniform classification system and uniform experience rating plan as submitted to the director and which is presently in effect. The experience rating plan shall be the exclusive means of providing prospective premium adjustments based upon measurement of the loss-producing characteristics of an individual insured.
(d) Subject to the approval of the director, the advisory organization shall develop and file rules reasonably related to the recording and reporting of data pursuant to the uniform statistical plan, uniform experience rating plan, and the uniform classification system.
(e) The advisory organization shall not adopt any rule that would prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders is not considered a rating plan or system.
History of Section.P.L. 1998, ch. 148, § 3.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 27 - Insurance

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 - Repealed.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. - Repealed.

Section 27-7.1-5.1. - Rate filings.

Section 27-7.1-6. - Repealed.

Section 27-7.1-6.1. - Disapproval of rates.

Section 27-7.1-6.2. - Consent to rate.

Section 27-7.1-7. - Repealed.

Section 27-7.1-7.1. - Information to be furnished insureds.

Section 27-7.1-7.2. - Repealed.

Section 27-7.1-8. - Repealed.

Section 27-7.1-8.1. - Services of advisory organizations.

Section 27-7.1-9. - Repealed.

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. - Costs.

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 27-7.1-18. - Examination of rating and advisory organizations and underwriting and reinsurance groups.

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.

Section 27-7.1-24. - Transition.

Section 27-7.1-25. - Severability.