New Hampshire § 412:23 Advisory Organizations;  Permitted Activity

New Hampshire Statutes

§ 412:23 — Advisory Organizations; Permitted Activity

New Hampshire § 412:23

Title XXXVIIINSURANCE

Ch. 412REGULATION OF FORMS AND RATES FOR PROPERTY AND CASUALTY INSURANCE

SubdivisionAdditional Provisions Applicable to Advisory Organizations and Statistical Agents; Joint Underwriting, Joint Reinsurance Pool; Assigned Risk and Residual Market Activities

This text of New Hampshire § 412:23 (Advisory Organizations; Permitted Activity) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 412:23 (2026).

Text

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

I.Develop statistical plans including territorial and class definitions.

II.Collect statistical data from members, subscribers or any other source.

III.Prepare, file and distribute prospective loss costs which may include provisions for special assessments.

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

V.Prepare, file and distribute manuals of rating rules, rating schedules and other supplementary rating information that do not include final rates, expense provisions, profit provisions or minimum premiums.

VI.Distribute information that is required or dir

Free access — add to your briefcase to read the full text and ask questions with AI

An advisory organization in addition to other activities not prohibited, is authorized, on behalf of its members and subscribers, to:
I. Develop statistical plans including territorial and class definitions.
II. Collect statistical data from members, subscribers or any other source.
III. Prepare, file and distribute prospective loss costs which may include provisions for special assessments.
IV. Prepare, file and distribute factors, calculations or formulas pertaining to classification, territory, increased limits and other variables.
V. Prepare, file and distribute manuals of rating rules, rating schedules and other supplementary rating information that do not include final rates, expense provisions, profit provisions or minimum premiums.
VI. Distribute information that is required or directed to be filed with the commissioner.
VII. Conduct research and on-site inspections in order to prepare classifications of public fire defenses.
VIII. Consult with public officials regarding public fire protection as it would affect members, subscribers and others.
IX. Conduct research in order to discover, identify and classify information relating to causes or prevention of losses.
X. Conduct research relating to the impact of statutory changes upon prospective loss costs and special assessments.
XI. Prepare, file and distribute policy forms and endorsements and consult with members, subscribers and others relative to their use and application.
XII. Conduct research and on-site inspections for the purpose of providing risk information relating to individual structures.
XIII. Conduct on-site inspection to determine rating classification for individual insureds.
XIV. Collect, compile and publish past and current prices of individual insurers, provided such information is also made available to the general public at a reasonable cost.
XV. Collect and compile exposure and loss experience for the purpose of individual risk experience ratings.
XVI. File final rates, at the direction of the commissioner, for residual market mechanisms.
XVII. Furnish any other services, as approved or directed by the commissioner, related to those enumerated in this section.