Maine § 24-A §2321-A Licensing advisory organizations

Maine Statutes

§ 24-A §2321-A — Licensing advisory organizations

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 25 RATES AND RATING ORGANIZATIONS

1.No advisory organization may provide any service relating to the rates of any insurance subject to this chapter, and no insurer may utilize the services of that organization for those purposes unless the organization has obtained a license under subsection 3, paragraph C.

2.No advisory organization may 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.The licensing of advisory organizations is governed by the following.

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1.
No advisory organization may provide any service relating to the rates of any insurance subject to this chapter, and no insurer may utilize the services of that organization for those purposes unless the organization has obtained a license under subsection 3, paragraph C.
2.
No advisory organization may 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.
The licensing of advisory organizations is governed by the following.

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