Reports of premiums and loss data required, when — director may review
Effective Aug 28, 1978(L. 1978 H.B. 1302 § 2)
- 1. The director shall establish statistical bases for the reporting of premium and loss data under policies of homeowners' insurance, dwelling-owners' insurance, renters' or tenants' insurance, or residential fire insurance.
- 2. Each insurer shall annually report to the director all premium and loss data under policies of homeowners' insurance, dwelling-owners' insurance, renters' or tenants' insurance, or residential fire insurance as the director may require.
- 3. The director shall have the authority to review and verify the accuracy of the data reported.
(L. 1978 H.B. 1302 § 2)