An advisory organization in addition to other activities not prohibited, is authorized, on behalf of its members and subscribers, to:
- I. Develop statistical plans including territorial and class definitions.
- II. Collect statistical data from members, subscribers or any other source.
- III. Prepare, file and distribute prospective loss costs which may include provisions for special assessments.
- IV. Prepare, file and distribute factors, calculations or formulas pertaining to classification, territory, increased limits and other variables.
- V. Prepare, file and distribute manuals of rating rules, rating schedules and other supplementary rating information that do not include final rates, expense provisions, profit provisions or minimum premiums.
- VI. Distribute information that is required or directed to be filed with the commissioner.
- VII. Conduct research and on-site inspections in order to prepare classifications of public fire defenses.
- VIII. Consult with public officials regarding public fire protection as it would affect members, subscribers and others.
- IX. Conduct research in order to discover, identify and classify information relating to causes or prevention of losses.
- X. Conduct research relating to the impact of statutory changes upon prospective loss costs and special assessments.
- XI. Prepare, file and distribute policy forms and endorsements and consult with members, subscribers and others relative to their use and application.
- XII. Conduct research and on-site inspections for the purpose of providing risk information relating to individual structures.
- XIII. Conduct on-site inspection to determine rating classification for individual insureds.
- XIV. Collect, compile and publish past and current prices of individual insurers, provided such information is also made available to the general public at a reasonable cost.
- XV. Collect and compile exposure and loss experience for the purpose of individual risk experience ratings.
- XVI. File final rates, at the direction of the commissioner, for residual market mechanisms.
- XVII. Furnish any other services, as approved or directed by the commissioner, related to those enumerated in this section.
Source. 2003, 150:1, eff. Jan. 1, 2004.