TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 23. CASUALTY INSURANCE

Part 5. Medical Malpractice Insurance Joint Underwriting Association

Recognition Of Assessments In Rates

33-23-522. Recognition of assessments in rates. The rates and premiums charged for insurance policies to which this part applies must include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member less any amounts returned to the member by the association, and these rates may not be considered excessive because they contain an amount reasonably calculated to recoup assessments paid by the member.

History: En. Sec. 16, Ch. 475, L. 2005.