1. (a) Upon application by a statistical agent or an individual insurer, the commissioner may allow the submission of a report or statistical data at a specified later date if the submission of the report or data on the date required by this chapter would create a substantial hardship on the statistical agent or insurer.
2. (b) In considering whether to grant such an exemption, the commissioner shall consider whether the delay is necessitated by an unusual or a one-time situation, or whether the delay is necessitated by a situation that is likely to reoccur. When the delay is necessitated by a situation that is likely to reoccur, the commissioner may condition the granting of an exemption on whether the insurer or statistical agent has a plan of action to address the situation in the future.

Source. #9053, eff 1-2-08; ss by #11008, eff 12-31-15 (from Ins 801.14); ss by #14505, eff 2-7-26, EXPIRES: 2-7-36 (formerly Ins 801.15)