§33-20-13. Rate administration.
(a) Recording the reporting of loss and expense experience.
-- The commissioner shall promulgate reasonable rules and
statistical plans, reasonably adapted to each of the rating
systems on file with him, which may be modified from time to time
and which shall be used thereafter by each insurer in the
recording and reporting of its loss and countrywide expense
experience, in order that the experience of all insurers may be
made available at least annually in such form and detail as may
be necessary to aid him in determining whether rating systems
comply with the standards set forth in section three of this
article. Such rules and plans may also provide for the recording
and reporting of loss and expense experience items which are
specially applicable to this state and are not susceptible of
determination by a prorating of countrywide experience. In
promulgating such rules and plans, the commissioner shall give
due consideration to the rating systems on file with him, and in
order that such rules and plans may be as uniform as is
practicable among the several states, to the rules and to the
form of the plans used for such rating systems in other states.
No insurer shall be required to record or report its loss
experience on a classification basis that is inconsistent with
the rating system filed by it. The commissioner may designate
one or more rating organizations or other agencies to assist him
in gathering such experience and making compilations thereof, and
such compilations shall be made available, subject to reasonable
rules promulgated by the commissioner, to insurers and rating organizations.
(b) Interchange of rating plan data. -- Reasonable rules
and plans may be promulgated by the commissioner for the
interchange of data necessary for the application of rating
(c) Consultation with other states. -- In order to further
uniform administration of rate regulatory laws, the commissioner
and every insurer and rating organization may exchange
information and experience data with insurance supervisory
officials, insurers and rating organizations in other states and
may consult with them with respect to rate making and the
application of rating systems.