™Your Policy Risk Impact Agent
84 chapters · 1,755 sections in this title.
24-A M.R.S. § 6451 Definitions
3.8K chars
As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 1993, c. 634, Pt. A, §1 (NEW).] 1. Adjusted risk-based capital report. "Adjusted risk-based capital report" means a risk-based capital report that has been adjust…
24-A M.R.S. § 6451-A Applicability to other regulated entities
1.4K chars
This chapter applies to fraternal benefit societies authorized to do business in this State pursuant to section 4124, to health maintenance organizations authorized to do business in this State pursuant to section 4204 and to nonprofit hospital or medical service organizations au…
24-A M.R.S. § 6452 Risk-based capital reports
3.1K chars
1. Duty to file. A domestic insurer shall, on or before March 1st, submit to the superintendent a report of its risk-based capital levels as of the end of the previous calendar year, in a form and containing such information as is required by the risk-based capital instructions. …
24-A M.R.S. § 6453 Company action level event
6.7K chars
1. Company action level event; defined. "Company action level event" means any of the following events: A. The filing of a risk-based capital report by an insurer that indicates that: (1) The insurer's total adjusted capital is greater than or equal to its regulatory action level…