North Dakota § 26.1-14-12 Terms of coverage - Classifications

North Dakota Statutes

§ 26.1-14-12 — Terms of coverage - Classifications

North Dakota § 26.1-14-12

Title 26.1Insurance

Ch. 26.1-14Medical Malpractice Insurance

This text of North Dakota § 26.1-14-12 (Terms of coverage - Classifications) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 26.1-14-12 (2026).

Text

1.The terms and conditions of all policies issued by the company to physicians must be essentially uniform in terms and coverage.

2.Notwithstanding subsection 1, the company may prescribe reasonable classifications of physicians' and insureds' activities and exposures based on good-faith determination of relative exposures and hazards among classifications and may vary the limits, coverages, exclusions, conditions, and loss-sharing provisions among classifications. Additionally, the company may describe, in the case of an individual physician within a class, reasonable variations in the terms of coverage including deductibles in loss-sharing provisions, based upon the insured's prior loss experience and current professional training and capability.

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1. The terms and conditions of all policies issued by the company to physicians must be
essentially uniform in terms and coverage.

2. Notwithstanding subsection 1, the company may prescribe reasonable classifications
of physicians' and insureds' activities and exposures based on good-faith
determination of relative exposures and hazards among classifications and may vary
the limits, coverages, exclusions, conditions, and loss-sharing provisions among
classifications. Additionally, the company may describe, in the case of an individual
physician within a class, reasonable variations in the terms of coverage including
deductibles in loss-sharing provisions, based upon the insured's prior loss experience
and current professional training and capability.