§ 27-9-8.1 Advisory organization –Permitted activity. – Any advisory organization, in addition to other activities not prohibited, isauthorized, on behalf of its members and subscribers, to:
(1) Develop statistical plans including territorial and classdefinitions;
(2) Collect statistical data from members, subscribers, orany other source;
(3) Prepare and distribute prospective loss costs which mayinclude provisions for special assessments;
(4) Prepare and distribute factors, calculations, or formulaspertaining to classification, territory, increased limits, and other variables;
(5) Prepare and distribute manuals of rating rules and ratingschedules that do not include final rates, expense provisions, profitprovisions, or minimum premiums;
(6) Distribute information that is required or directed to befiled with the director;
(7) Conduct research and collect statistics in order todiscover, identify, and classify information relating to causes or preventionof losses;
(8) Conduct research and collect information to determine theimpact of statutory changes upon prospective loss costs and special assessments;
(9) Prepare policy forms and endorsements and consult withmembers, subscribers, and others relative to their use and application;
(10) Conduct research and on-site inspections for the purposeof providing risk information relating to individual structures;
(11) Conduct on-site inspections to determine ratingclassifications for individual insured;
(12) Establish a committee that may include insurance companyrepresentatives to review the determination of the rating classification forindividual insured and suggest modifications to the classification system;
(13) Collect, compile, and distribute past and current pricesof individual insurers and publish that information;
(14) Collect and compile exposure and loss experience for thepurpose of individual risk experience ratings; and
(15) Furnish any other services, as approved by the director,related to those services enumerated in this section.
§ 27-9-8.1 Advisory organization –Permitted activity. – Any advisory organization, in addition to other activities not prohibited, isauthorized, on behalf of its members and subscribers, to:
(1) Develop statistical plans including territorial and classdefinitions;
(2) Collect statistical data from members, subscribers, orany other source;
(3) Prepare and distribute prospective loss costs which mayinclude provisions for special assessments;
(4) Prepare and distribute factors, calculations, or formulaspertaining to classification, territory, increased limits, and other variables;
(5) Prepare and distribute manuals of rating rules and ratingschedules that do not include final rates, expense provisions, profitprovisions, or minimum premiums;
(6) Distribute information that is required or directed to befiled with the director;
(7) Conduct research and collect statistics in order todiscover, identify, and classify information relating to causes or preventionof losses;
(8) Conduct research and collect information to determine theimpact of statutory changes upon prospective loss costs and special assessments;
(9) Prepare policy forms and endorsements and consult withmembers, subscribers, and others relative to their use and application;
(10) Conduct research and on-site inspections for the purposeof providing risk information relating to individual structures;
(11) Conduct on-site inspections to determine ratingclassifications for individual insured;
(12) Establish a committee that may include insurance companyrepresentatives to review the determination of the rating classification forindividual insured and suggest modifications to the classification system;
(13) Collect, compile, and distribute past and current pricesof individual insurers and publish that information;
(14) Collect and compile exposure and loss experience for thepurpose of individual risk experience ratings; and
(15) Furnish any other services, as approved by the director,related to those services enumerated in this section.
§ 27-9-8.1 Advisory organization –Permitted activity. – Any advisory organization, in addition to other activities not prohibited, isauthorized, on behalf of its members and subscribers, to:
(1) Develop statistical plans including territorial and classdefinitions;
(2) Collect statistical data from members, subscribers, orany other source;
(3) Prepare and distribute prospective loss costs which mayinclude provisions for special assessments;
(4) Prepare and distribute factors, calculations, or formulaspertaining to classification, territory, increased limits, and other variables;
(5) Prepare and distribute manuals of rating rules and ratingschedules that do not include final rates, expense provisions, profitprovisions, or minimum premiums;
(6) Distribute information that is required or directed to befiled with the director;
(7) Conduct research and collect statistics in order todiscover, identify, and classify information relating to causes or preventionof losses;
(8) Conduct research and collect information to determine theimpact of statutory changes upon prospective loss costs and special assessments;
(9) Prepare policy forms and endorsements and consult withmembers, subscribers, and others relative to their use and application;
(10) Conduct research and on-site inspections for the purposeof providing risk information relating to individual structures;
(11) Conduct on-site inspections to determine ratingclassifications for individual insured;
(12) Establish a committee that may include insurance companyrepresentatives to review the determination of the rating classification forindividual insured and suggest modifications to the classification system;
(13) Collect, compile, and distribute past and current pricesof individual insurers and publish that information;
(14) Collect and compile exposure and loss experience for thepurpose of individual risk experience ratings; and
(15) Furnish any other services, as approved by the director,related to those services enumerated in this section.
