TITLE 27
Insurance
CHAPTER 27-7.1
Workers' Compensation Insurance
SECTION 27-7.1-24
§ 27-7.1-24 Transition.
Insurers and an advisory organization are not required to immediately refile
rates previously approved. For five (5) years after July 7, 1998, any member or
subscriber of an advisory organization is authorized to continue to use all
rates and deviations filed or approved for its use until the insurer makes its
own filing to change its rates, either by making an independent filing and
adopting an advisory organization's approved prospective loss costs, or
modifications of those loss costs. No advisory organization shall file, and the
department of business regulation shall not accept a filing by an advisory
organization, as to proposed changes in rates previously approved unless the
filing shall include relevant data through July 7, 2003.
History of Section.
(P.L. 1998, ch. 148, § 3; P.L. 2001, ch. 18, § 1; P.L. 2001, ch. 34,
§ 1.)
