North Dakota § 26.1-25-10.3 Advisory organizations - Permitted activity

North Dakota Statutes

§ 26.1-25-10.3 — Advisory organizations - Permitted activity

North Dakota § 26.1-25-10.3

Title 26.1Insurance

Ch. 26.1-25Fire, Property, and Casualty Insurance Rates

This text of North Dakota § 26.1-25-10.3 (Advisory organizations - Permitted activity) 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 § 26.1-25-10.3 (2026).

Text

Any advisory organization in addition to other activities not prohibited, is authorized, on behalf of its members and subscribers, to:

1.Develop statistical plans, including territorial and class definitions.

2.Collect statistical data from members, subscribers, or any other sources.

3.Prepare and distribute prospective loss costs.

4.Prepare and distribute factors, calculations, or formulas pertaining to classification, territory, increased limits, and other variables.

5.Prepare and distribute manuals of rating rules and rating schedules that do not include final rates, expense provisions, profit provisions, or minimum premiums.

6.Distribute information that is required or directed to be filed with the commissioner.

7.Conduct research and onsite inspections in order to prepare class

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Any advisory organization in addition to other activities not prohibited, is authorized, on
behalf of its members and subscribers, to:
1. Develop statistical plans, including territorial and class definitions.
2. Collect statistical data from members, subscribers, or any other sources.
3. Prepare and distribute prospective loss costs.
4. Prepare and distribute factors, calculations, or formulas pertaining to classification,
territory, increased limits, and other variables.
5. Prepare and distribute manuals of rating rules and rating schedules that do not include
final rates, expense provisions, profit provisions, or minimum premiums.
6. Distribute information that is required or directed to be filed with the commissioner.
7. Conduct research and onsite inspections in order to prepare classifications of public
fire defenses.
8. Consult with public officials regarding public fire protection as it would affect members,
subscribers, and others.
9. Conduct research and collect statistics in order to discover, identify, and classify
information relating to causes or prevention of losses.
10. Prepare policy forms and endorsements and consult with members, subscribers, and
others relative to their use and application.

11. Conduct research and onsite inspections for the purpose of providing risk information
relating to individual structures.
12. Collect, compile, and distribute past and current prices of individual insurers and
publish such information.
13. File final rates, at the direction of the commissioner, for residual market mechanisms.
14. Furnish any other services, as approved or directed by the commissioner, related to
those enumerated in this section.