(a) The director may prescribe by regulation
(1) guidelines reasonably adaptable to each of the rating systems on file with the director;
(2) a uniform classification of accounts to be observed;
(3) statistics to be reported; and
(4) uniform forms for reporting this data by all title insurance companies.
(b) Regulations may be adopted by the director for the interchange of data necessary for the application of rating plans.
(c) In order to more uniformly administer rate regulations, the director and each title insurance company may exchange information and experience data with insurance supervisory officials, title insurance companies, and title insurance rating organizations in other states, and may consult with them and with each other with respect to rate making and the application of rating systems.
Section: Previous 21.66.350 21.66.360 21.66.370 21.66.380 21.66.390 21.66.400 21.66.401 21.66.410 21.66.420 21.66.430 21.66.450 21.66.460 21.66.470 21.66.480 NextLast modified: November 15, 2016