§ 31A-19a-307. Rate service organizations -- Permitted activity.

     A rate service organization may on behalf of its members and subscribers:

(1) develop statistical plans including territorial and class definitions;

(2) collect statistical data from:

(a) members;

(b) subscribers; or

(c) any other source;

(3) prepare, file, and distribute prospective loss costs which may include provisions for special assessments;

(4) prepare, file, and distribute:

(a) factors;

(b) calculations;

(c) formulas pertaining to classification; or

(d) territory, increased limits, and other variables;

(5) prepare, file, and distribute supplementary rating information;

(6) distribute information that is required or directed to be filed with the commissioner;

(7) conduct research and on-site inspections 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 onsight inspections to discover, identify, and classify information relating to causes or prevention of losses;

(10) conduct research relating to the impact of statutory changes upon prospective loss costs;

(11) prepare, file, and distribute policy forms and endorsements;

(12) consult with members, subscribers, and others concerning use and application of the policy forms and endorsements described in Subsection (11);

(13) conduct research and on-site inspections for the purpose of providing risk information relating to individual structures;

(14) conduct on-site inspections to determine rating classifications for individual insureds;

(15) collect, compile, and publish past and current prices of individual insurers, provided the information is also made available to the general public at a reasonable cost;

(16) collect and compile exposure and loss experience for the purpose of individual risk experience ratings;

(17) furnish any other services, as approved or directed by the commissioner, related to those enumerated in this section; and

(18) engage in any other activity not prohibited by this title.

Enacted by Chapter 130, 1999 General Session