Maine Statutes
§ 24-A §2212 — Reasons for adverse underwriting decisions
1.Notice to consumer.
In the event of an adverse underwriting decision, the carrier or producer responsible for the decision shall:
2.Request for explanation.
If a consumer makes a written request for explanation of an adverse underwriting decision within 90 days after receiving written notice of the decision, the carrier or producer shall furnish to the consumer within 21 days after receiving the request:
3.Satisfaction by other carrier, producer or administrator.
The obligations imposed by this section upon a carrier or producer may be satisfied by another carrier, producer or administrator authorized to act on its behalf.
Free access — add to your briefcase to read the full text and ask questions with AI
Maine § 24-A §2212 (Reasons for adverse underwriting decisions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1997, c. 677, §3 (NEW). PL 1997, c. 677, §5 (AFF). PL 2013, c. 588, Pt. D, §6 (AMD).
Nearby Sections
15
§ 24 §1
Insurance contract§ 24 §1002
Formation of corporation; guaranty fund; authority to write business; liability of policyholder§ 24 §1004
Assigned risks; reinsurance§ 24 §1008
Calls for payments; proceeds§ 24 §1012
Annual report; examinations§ 24 §1013
Filing fees§ 24 §1051
Automobile physical damage insurance