Maine § 24-A §2303 Making of rates

Maine Statutes

§ 24-A §2303 — Making of rates

Maine § 24-A §2303

Title 24-AMAINE INSURANCE CODE

Ch. 25RATES AND RATING ORGANIZATIONS

This text of Maine § 24-A §2303 (Making of rates) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 24-A, § 24-A §2303 (2026).

Text

1.Rates shall be made in accordance with the following provisions.

2.Nothing in this section shall be taken to prohibit as unreasonable or unfairly discriminatory the establishment of classifications or modifications of classifications or risks based upon size, expense, management, individual experience, purpose of insurance, location or dispersion of hazard, or any other reasonable considerations, provided such classifications and modifications apply to all risks under the same or substantially similar circumstances or conditions. 3. 3-A.

4.Rates made in accordance with this section may be used subject to this chapter.

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1.
Rates shall be made in accordance with the following provisions.
2.
Nothing in this section shall be taken to prohibit as unreasonable or unfairly discriminatory the establishment of classifications or modifications of classifications or risks based upon size, expense, management, individual experience, purpose of insurance, location or dispersion of hazard, or any other reasonable considerations, provided such classifications and modifications apply to all risks under the same or substantially similar circumstances or conditions.
3.
3-A.
4.
Rates made in accordance with this section may be used subject to this chapter.

Legislative History

PL 1969, c. 132, §1 (NEW). PL 1983, c. 17 (AMD). PL 1983, c. 551, §1 (AMD). PL 1985, c. 372, §§B3,4 (AMD). PL 1987, c. 559, §A2 (AMD). PL 1989, c. 351, §5 (AMD). PL 1989, c. 797, §§3-6 (AMD). PL 1989, c. 797, §§37,38 (AFF). PL 1991, c. 885, §B2 (AMD). PL 1991, c. 885, §B13 (AFF). PL 2007, c. 188, Pt. A, §1 (AMD). PL 2021, c. 553, §16 (AMD).