Maine § 24-A §2385-B Disclosure of premium information

Maine Statutes

§ 24-A §2385-B — Disclosure of premium information

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

All policies issued to employers for workers' compensation insurance must disclose clearly to the employer as separate figures the base rate and the employer's experience modification factor.
Upon request from an employer, when a policy is issued to an employer for workers' compensation insurance, it must be accompanied by a statement disclosing the percentages of premium expended during the previous year by the insurer for claims paid, loss control and other administrative costs, medical provider expenses, insurer and employee attorney's fees and private investigation costs.

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All policies issued to employers for workers' compensation insurance must disclose clearly to the employer as separate figures the base rate and the employer's experience modification factor.
Upon request from an employer, when a policy is issued to an employer for workers' compensation insurance, it must be accompanied by a statement disclosing the percentages of premium expended during the previous year by the insurer for claims paid, loss control and other administrative costs, medical provider expenses, insurer and employee attorney's fees and private investigation costs.

Maine § 24-A §2385-B (Disclosure of premium information) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.