§287-43 - Assigned risk plans.
§287-43 Assigned risk plans. The
insurance commissioner may approve any reasonable plan for the equitable
apportionment among insurance companies authorized to issue automobile
liability policies in the State of applicants for such policies and for motor
vehicle liability policies who are in good faith entitled to but are unable to
procure such policies through ordinary methods. When any such plan has been
approved after consultation with the insurance companies all insurance
companies authorized to do business in the State shall subscribe thereto and
participate therein. Any applicant for any such policy, any policy insured
under any such plan, and any insurance company affected may appeal to the
insurance commissioner from any ruling or decision of the manager or committee
designated under the plan to operate the plan. Any person aggrieved by any
order or act of the insurance commissioner may file an appeal therefrom either
in the office of the clerk of the circuit court of the first circuit, or if the
appellant is a resident of any other circuit, either in the first circuit or in
the circuit in which the appellant resides within thirty days after the
effective date of the order or act in the same manner as is provided in section
287-2. The insurance commissioner shall transmit to the clerk of the court the
papers referred to in section 287-2 and the attorney general shall render
assistance to the insurance commissioner upon the insurance commissioner's
request. [L 1949, c 393, pt of §1; RL 1955, §160-121; HRS §287-43; gen ch 1985]