D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-A. INSURANCE |
Chapter 26-A41. TITLE INSURANCE RATE MAKING |
Section 26-A4107. EXCHANGE OF INFORMATION AND EXPERIENCE DATA
Latest version.
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4107.1To further more equitable establishment and adjustment of rates and premiums and forms of contracts, policies, or guarantees of insurance, the Commissioner and each title insurer may:
(a) Exchange information and experience data with each other, with insurance regulatory officials and insurers in other states, and with national organizations and associations, including the National Association of Insurance Commissioners; and
(b) Consult and cooperate with each other about rate and premium making and forms of contracts, policies, and guarantees of insurance.
authority
The Acting Commissioner of the Department of Insurance, Securities and Banking, pursuant to the authority set forth in section 2164 of the Fiscal Year 2011 Budget Support Act of 2010, effective September 24, 2010 (D.C. Law 18-223; 57 DCR 6242) (“Title Insurance Insurer Act of 2010”).
source
Notice of Emergency and Proposed Rulemaking published at 57 DCR 12276 (December 24, 2010)[EXPIRED]; as amended by Notice of Final Rulemaking published at 58 DCR 2487, 2490 (March 18, 2011).