Code of Massachusetts Regulations › 211 CMR - DIVISION OF INSURANCE › Title 211 CMR 91.00 - Motor Vehicle Insurance Rates › Section 91.04 - Activities of Rating Organizations Regulated

Current through Register 1525, July 5, 2024
Any Rating Organization may, with the participation of its
				members:
(1) Develop and make
			 recommendations to the Commissioner of Insurance with respect to statistical
			 plans.
(2) Collect, compile and
			 distribute Statistical Information to its members and subscribers, provided
			 such information shall be supplied upon request to the Division of Insurance
			 and, upon payment of a reasonable charge therefor, to any Insurer or other
			 person, whether or not a member or subscriber of the Rating
			 Organization.
(3) Prepare,
			 distribute and file Rating Manuals on behalf of any member or subscriber which
			 authorizes it to make such a filing in accordance with M.G.L. c. 175E, §
			 6(a)(10).
(4) Prepare, distribute
			 and file policy forms and endorsements on behalf of any member or subscriber
			 which authorizes it to make such a filing in accordance with M.G.L. c. 175E,
			 § 6(a)(10).
(5) Conduct and
			 publish studies of general actuarial and rate making issues, provided such
			 studies shall be supplied, upon request, to the Division of Insurance and, upon
			 payment of reasonable charge therefor, to any insurer or other person, whether
			 or not a member or subscriber of the Rating Organization.
(6) Perform any other actions in connection
			 with motor vehicle insurance rates which are not inconsistent with M. G.L. c.
			 175E.
Any Rating Organization may, without the participation of its
				members:
(1) Prep are and file an
			 Advisory Filing for any motor vehicle coverage subject to M. G.L. c.
			 175E.
(2) Prepare and file a Rate
			 Filing on behalf of any member or subscriber which authorizes it to make such a
			 filing in accordance with M.G.L. c. 175E, § 6(a)(10), for any motor
			 vehicle coverage subject to M.G.L. c. 175E, other than "trucks, trailers and
			 tractors" and "private passenger type" commercial coverages, and taxi,
			 garage/dealer and motorcycle coverages.
(3) Prepare and file a Rate Filing on behalf
			 of the Massachusetts Motor Vehicle Reinsurance Facility or any residual market
			 organization which is authorized or directed by law to file rates for any motor
			 vehicle insurance coverage subject to M.G.L. c. 175E and which authorizes it to
			 make such a filing.
(4) Prepare and
			 file a Rate Filing on behalf of any Insurer or Insurance Company Group which
			 wrote less than 1% of the premiums for motor vehicle insurance in the
			 commonwealth, as determined under M.G.L. c. 175E, § 4(e) and
			 211
			 CMR 91.00, and which authorizes it to make such a
			 filing in accordance with M.G.L. c. 175E, § 6(a)(10).
(5) If an Insure r, writing less than 1% of
			 the premiums for motor vehicle insurance in the Commonwealth, as determined
			 under M.G.L. c. 175E, § 4(e), and
			 211
			 CMR 91.00, has expenses, including commissions, prior
			 to trending, which are 80% or less than those underlying the rate filing made
			 by a Rating Organization on behalf of such Insurer or the rate filing of
			 another Insurer which is adopted by such Insurer, that Insurer shall not adopt
			 the external rate filing without deviating therefrom so as to reflectits lower
			 expenses, unless specific and substantial reasons for not so deviating have
			 been provided to and approved by the Commissioner.