reglab/housing_qa huggingface dataset:
MO Rev Stat § 287.935 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.935 - Insurer and advisory organization not to make agreement restraining trade — insurer must use uniform experience rating plan — exceptions.

Effective - 01 Jan 1994   287.935. Insurer and advisory organization not to make agreement restraining trade — insurer must use uniform experience rating plan — exceptions. — 1. No insurer or advisory organization shall make any arrangement with any other insurer, advisory organization or other person which has the purpose or effect or restraining trade unreasonably or of substantially lessening competition in the business of insurance.  2. No insurer shall agree with any other insurer or with the advisory organization to adhere to or use any rate, rating plan, other than the uniform experience rating plan, or rating rule except as needed to comply with the requirements of section 287.955.  3. The fact that two or more insurers, whether or not members or subscribers of the advisory organization, use consistently or intermittently, the same rates, rating plans, rating schedules, rating rules, policy forms, rate classifications, underwriting rules, surveys or inspections or similar materials is not sufficient in itself to support a finding that an agreement exists.  4. Two or more insurers which have a common ownership or operate in this state under common management or control may act in concert between or among themselves with respect to any matters pertaining to those activities authorized in sections 287.930 to 287.975 as if they constituted a single insurer. ­­-------- (L. 1993 S.B. 251 § 19)  Effective 1-01-94
MO Rev Stat § 287.937 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.937 - Director may conduct examinations — insurer and advisory organizations to maintain records, purpose — cost of examination — outstate examination may be accepted.

Effective - 01 Jan 1994   287.937. Director may conduct examinations — insurer and advisory organizations to maintain records, purpose — cost of examination — outstate examination may be accepted. — 1. The director may examine any insurer and the advisory organization as deemed necessary to ascertain compliance with sections 287.930 to 287.975.  2. Every insurer and the advisory organization shall maintain reasonable records of the type and kind reasonably adapted to its method of operation containing its experiences or the experience of its members including the data, statistics or information collected or used by it in its activities. These records shall be available at all reasonable times to enable the director to determine whether the activities of the advisory organization, insurer or association comply with the provisions of sections 287.930 to 287.975. Such records shall be maintained in an office within this state or shall be made available to the director for examination or inspection at any time upon reasonable notice.  3. The reasonable cost of an examination made pursuant to this section shall be paid by the examined party upon presentation of a detailed account of such costs.  4. In lieu of any such examination the director may accept the report of an examination by the insurance supervisory official of another state, made pursuant to the laws of such state. ­­-------- (L. 1993 S.B. 251 § 20)  Effective 1-01-94
MO Rev Stat § 287.940 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.940 - Penalties for violations, director may impose — each day a separate violation, when — license may be suspended or revoked, when.

Effective - 01 Jan 1994   287.940. Penalties for violations, director may impose — each day a separate violation, when — license may be suspended or revoked, when. — 1. The director may, upon a finding that any person or organization has violated any provision of sections 287.930 to 287.975, impose a penalty of not more than one thousand dollars for each such violation, but if the director finds such violation to be willful, a penalty of not more than ten thousand dollars for each such violation may be imposed. Such penalties may be in addition to any other penalty provided by law.  2. For purposes of this section, any insurer using a rate for which the insurer has failed to file the rate, supplementary rate information or supporting information, as required by sections 287.930 to 287.975, shall have committed a separate violation for each day such failure continues.  3. The director may suspend or revoke the license of any advisory organization or insurer which fails to comply with an order of the director within the time limit specified by such order, or any extension thereof which the director may grant.  4. The director may determine when a suspension of license shall become effective and it shall remain in effect for the period fixed by the director, unless the director modifies or rescinds such suspension, or until the order upon which such suspension is based is modified, rescinded or reversed.  5. No penalty shall be imposed and no license shall be suspended or revoked except on a written order of the director, stating the findings made after hearing. ­­-------- (L. 1993 S.B. 251 § 21)  Effective 1-01-94
MO Rev Stat § 287.942 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.942 - Competitive market presumed to exist, when — reasonable degree of competition, factors.

Effective - 01 Jan 1994   287.942. Competitive market presumed to exist, when — reasonable degree of competition, factors. — 1. A competitive market is presumed to exist unless the director, after hearing, determines that a reasonable degree of competition does not exist in the market and the director issues an order to that effect. Such an order shall expire no later than one year after issue. In determining whether a reasonable degree of competition exists, the director may consider relevant tests of workable competition pertaining to market structure, market performance and market conduct. For the purposes of this section, "market" shall mean the statewide workers' compensation and employers' liability lines of business.  2. In determining whether a reasonable degree of competition exists, the following factors shall be considered:  (1) Generally accepted and relevant tests of competition pertaining to market structure, market performance and market conduct;  (2) Market concentration as measured by the Herfindahl-Herschman Index;  (3) The number of insurers transacting workers' compensation insurance in the market;  (4) Insurer market shares and changes in market shares;  (5) Ease of entry into the market;  (6) Whether long-term profitability for insurers in the market is unreasonably high in relation to the risks being insured; and  (7) Whether long-term profitability for insurers in the market is reasonable in relation to industries of comparable business risk. ­­-------- (L. 1993 S.B. 251 § 22)  Effective 1-01-94
MO Rev Stat § 287.945 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.945 - Director to monitor degree of competition, purpose.

Effective - 01 Jan 1994   287.945. Director to monitor degree of competition, purpose. — In determining whether or not a competitive market exists pursuant to section 287.942, the director shall monitor the degree of competition in this state. In doing so, the director shall use existing relevant information, analytical systems and other sources; cause or participate in the development of new relevant information, analytical systems and other sources; or rely on some combination thereof. Such activities may be conducted internally within the department of commerce and insurance, in cooperation with other state insurance departments, through outside contractors or in any other appropriate manner. ­­-------- (L. 1993 S.B. 251 § 23)  Effective 1-01-94
MO Rev Stat § 287.947 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.947 - Insurers to file rate information in competitive market with the director, purpose — noncompetitive market, information filed — form of filing — public inspection.

Effective - 01 Jan 1994   287.947. Insurers to file rate information in competitive market with the director, purpose — noncompetitive market, information filed — form of filing — public inspection. — 1. In a competitive market, every insurer shall file with the director all rates and supplementary rate information which is to be used in this state, except as provided in section 287.955. Such rates and supplementary rate information shall be filed not later than thirty days after the effective date. If the director finds, after a hearing, that an insurer's rates require closer supervision because of the insurer's financial condition or unfairly discriminatory rating practices, the insurer shall file with the director at least thirty days before the effective date, all such rates and such supplementary rate information and supporting information as prescribed by the director. Upon application by the filer, the director may authorize an earlier effective date.  2. In a noncompetitive market every insurer shall file with the director all rates and supplementary rate information which is to be used in this state, except as provided in section 287.942. Such rates and supplementary rate information and supporting information required by the director shall be filed at least thirty days before the effective date. Upon application by the filer, the director may authorize an earlier effective date.  3. Rates filed pursuant to this section shall be filed in such form and manner as prescribed by the director. In a noncompetitive market, whenever a filing is not accompanied by such information as the director has required under this section, the director shall so inform the insurer within fifteen days and the filing shall not be deemed to be made until the information is furnished or the insurer certifies that the additional information is not maintained or cannot be provided.  4. All rates, supplementary rate information and any supporting information for risks filed under sections 287.930 to 287.975 shall, as soon as filed, be open to public inspection at any reasonable time. Copies may be obtained by any person on request and upon payment of a reasonable charge. ­­-------- (L. 1993 S.B. 251 § 24)  Effective 1-01-94
MO Rev Stat § 287.950 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.950 - Competitive market, rates not to be excessive, inadequate, unfairly discriminatory.

Effective - 01 Jan 1994   287.950. Competitive market, rates not to be excessive, inadequate, unfairly discriminatory. — 1. Rates in a competitive market shall not be excessive, inadequate or unfairly discriminatory. Rates are excessive if it is likely to produce a long-run profit that is unreasonably high for the insurance provided or if expenses are unreasonably high in relation to services rendered. Rates are not inadequate unless clearly insufficient to sustain projected losses and expenses and the use of such rates, if continued, will tend to create a monopoly in the market. A rate is inadequate if funds equal to the full ultimate cost of anticipated losses and loss adjustment expenses are not produced when the prospective loss costs are applied to anticipated payrolls.  2. Unfair discrimination exists if, after allowing for practical limitations, price differentials fail to reflect equitably the differences in expected losses and expenses. A rate is not unfairly discriminatory because different premiums result for policyholders with like loss exposures but different expenses, or like expenses but different loss exposures, so long as the rate reflects the differences with reasonable accuracy. ­­-------- (L. 1993 S.B. 251 § 25)  Effective 1-01-94
MO Rev Stat § 287.952 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.952 - Rate standards in noncompetitive market, factors.

Effective - 01 Jan 1994   287.952. Rate standards in noncompetitive market, factors. — In determining whether rates comply with the excessiveness standard in a noncompetitive market, the inadequacy standard and the unfair discrimination standard, the following criteria shall apply:  (1) Due consideration may be given to past and prospective loss and expense experience within and outside of this state, to catastrophe hazards and contingencies, to events or trends within and outside of this state, to loadings for leveling premium rates over time, for dividends or savings to be allowed or returned by insurers to their policyholders, members or subscribers, and to all other relevant factors, including judgment;  (2) The expense provisions included in the rates to be used by an insurer shall reflect the operating methods of the insurer and, so far as it is credible, its own actual and anticipated expense experience;  (3) The rates may contain provisions for contingencies and an allowance permitting a reasonable profit. In determining the reasonableness of profit, consideration should be given to all investment income attributable to premiums and the reserves associated with those premiums. ­­-------- (L. 1993 S.B. 251 § 26)  Effective 1-01-94
MO Rev Stat § 287.957 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.957 - Experience rating plan, contents.

Effective - 28 Aug 2016, 2 histories   287.957. Experience rating plan, contents. — The experience rating plan shall contain reasonable eligibility standards, provide adequate incentives for loss prevention, and shall provide for sufficient premium differentials so as to encourage safety. The uniform experience rating plan shall be the exclusive means of providing prospective premium adjustment based upon measurement of the loss-producing characteristics of an individual insured. An insurer may submit a rating plan or plans providing for retrospective premium adjustments based upon an insured's past experience. Such system shall provide for retrospective adjustment of an experience modification and premiums paid pursuant to such experience modification where a prior reserved claim produced an experience modification that varied by greater than fifty percent from the experience modification that would have been established based on the settlement amount of that claim. The rating plan shall prohibit an adjustment to the experience modification of an employer if the total medical cost does not exceed twenty percent of the current split point of primary and excess losses under the uniform experience rating plan, and the employer pays all of the total medical costs and there is no lost time from the employment, other than the first three days or less of disability under subsection 1 of section 287.160, and no claim is filed. An employer opting to utilize this provision maintains an obligation to report the injury under subsection 1 of section 287.380. ­­-------- (L. 1993 S.B. 251 § 28, A.L. 2005 S.B. 1 & 130, A.L. 2016 S.B. 613 merged with S.B. 700)
MO Rev Stat § 287.962 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.962 - Hearings, when, conduct of — findings made, when — right to judicial determination.

Effective - 01 Jan 1994   287.962. Hearings, when, conduct of — findings made, when — right to judicial determination. — 1. Any hearing under this section shall be held at a place designated by the director and upon not less than thirty days' written notice to the insurer or the advisory organization. A full stenographic record shall be prepared for any hearing held pursuant to this section. The hearing may be conducted by a hearing officer designated by the director. All orders and determinations shall be based on findings of fact and conclusions of law.  2. The director shall make written findings and conclusions and shall set them forth in an order issued within twenty days of the close of the record. A hearing under this section shall not be adjourned or recessed except upon application of an insurer or the advisory organization. An application to adjourn or recess shall be for extraordinary circumstances and not for the purpose of delay. The grounds for any adjournment or recess of a hearing conducted pursuant to this section shall be specifically stated in the record.  3. Any insurer or the advisory organization may obtain a judicial declaration as to the validity of any order by bringing an action for declaratory relief. The right to judicial determination shall not be affected by the failure to seek reconsideration of the order. The order may be declared invalid for failure to comply with the provisions of sections 287.930 to 287.975. The review of any such order shall be on the basis of the record of the proceedings before the director and shall be affirmed if supported by competent and substantial evidence upon the whole record. ­­-------- (L. 1993 S.B. 251 § 30)  Effective 1-01-94
MO Rev Stat § 287.965 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.965 - Aggrieved party may file application with director, hearing held, when — findings, effect of.

Effective - 01 Jan 1994   287.965. Aggrieved party may file application with director, hearing held, when — findings, effect of. — 1. Any person or organization aggrieved with respect to any filing which is in effect may make written application to the director for a hearing thereon, except that the insurer or rating organization that made the filing shall not be authorized to proceed under this subsection. Such application shall specify the grounds to be relied upon by the applicant. If the director finds that the application is made in good faith, that the applicant would be so aggrieved if his grounds are established, and that such grounds otherwise justify holding such a hearing, he shall, within thirty days after receipt of such application, hold a hearing upon not less than ten days' written notice to the applicant and to every insurer which made such filing.  2. If, after such hearing, the director finds that the filing does not meet the requirements of sections 287.930 to 287.975, he shall issue an order specifying in what respects he finds that such filing fails to meet the requirements of sections 287.930 to 287.975, and stating when, within a reasonable period thereafter, such filing shall be deemed no longer effective. Copies of such order shall be sent to the applicant and to every such insurer. The order shall not affect any contract or policy made or issued prior to the expiration of the period set forth in such order. ­­-------- (L. 1993 S.B. 251 § 31)  Effective 1-01-94
MO Rev Stat § 287.967 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.967 - Advisory organization must obtain license, restrictions — license, application — designation of by director, duration.

Effective - 01 Jan 1994   287.967. Advisory organization must obtain license, restrictions — license, application — designation of by director, duration. — 1. The advisory organization shall not provide any service relating to the rates of any insurance subject to sections 287.930 to 287.975, and no insurer shall use the services of such organization for such purposes unless the organization has obtained a license under subsection 3 of this section.  2. The advisory organization shall not refuse to supply any services for which it is licensed in this state to any insurer authorized to do business in this state and offering to pay the fair and usual compensation for the services.  3. An organization applying for the license for designation as the advisory organization shall include with its application:  (1) A copy of its constitution; charter; articles of organization, agreement, association or incorporation; and a copy of its bylaws, plan of operation, and any other rules or regulations governing the conduct of its business;  (2) A list of its members and subscribers;  (3) The name and address of one or more residents of this state upon whom notices, process affecting it, or orders of the director may be served;  (4) A statement showing its technical qualifications for acting in the capacity for which it seeks a license; and  (5) Any other relevant information and documents that the director may require.  4. Every organization which has applied for the license shall notify the director of every material change in the facts or in the documents on which its application was based. Any amendment to a document filed under this section shall be filed at least thirty days before it becomes effective.  5. The director, upon a finding that an applicant and the individuals through whom it acts are competent, trustworthy and technically qualified to provide the services proposed, and that all requirements of law are met, shall issue one license to designate the advisory organization which specifies the authorized activity of the applicant. The director shall not issue the license if the proposed activity would tend to create a monopoly or to substantially lessen competition in the market.  6. The license issued pursuant to this section shall remain in effect until the licensee withdraws from the state or until the license is suspended or revoked. The director may at any time, after hearing, revoke or suspend the license of the advisory organization if it does not comply with the requirements and standards of sections 287.930 to 287.975. ­­-------- (L. 1993 S.B. 251 § 32)  Effective 1-01-94
MO Rev Stat § 287.970 (2021)
2021 Missouri Revised Statutes|Title XVIII - Labor and Industrial Relations|Chapter 287 - Workers' Compensation Law|Section 287.970 - Advisory organization not to file rates on behalf of insurer, exception.

Effective - 01 Jan 1994   287.970. Advisory organization not to file rates on behalf of insurer, exception. — In addition to other prohibitions contained in sections 287.930 to 287.975, except as specifically permitted under section 287.972, the advisory organization shall not:  (1) Compile or distribute recommendations relating to rates that include expenses, other than loss adjustment expenses, or profit; or  (2) File rates, supplementary rate information or supporting information on behalf of an insurer. ­­-------- (L. 1993 S.B. 251 § 33)  Effective 1-01-94