™Your Policy Risk Impact Agent
8 sections in this chapter.
Mass. Gen. Laws ch. 176W, § 1 Definitions
2.9K chars
Section 1. As used in this chapter, the following words shall, unless the context clearly requires otherwise, have the following meanings:— ''Commissioner'', the commissioner of insurance. ''Corporate Governance Annual Disclosure (CGAD)'', a confidential report filed by the insur…
Mass. Gen. Laws ch. 176W, § 2 Disclosure requirement
2.9K chars
Section 2. (a) An insurer, or the insurance group of which the insurer is a member, shall, no later than June 1 of each calendar year, submit to the commissioner a CGAD that contains the information described in subsection (a) of section 4. Notwithstanding any request from the co…
Mass. Gen. Laws ch. 176W, § 3 Rules and regulations
0.2K chars
Section 3. The commissioner may, upon notice and opportunity for all interested persons to be heard, issue such rules, regulations and orders as shall be necessary to carry out the provisions of this chapter.
Mass. Gen. Laws ch. 176W, § 4 Contents of corporate governance annual disclosure
0.9K chars
Section 4. (a) The insurer or insurance group shall have discretion over the responses to the CGAD inquiries, provided the CGAD shall contain the material information necessary to permit the commissioner to gain an understanding of the insurer's or group's corporate governance st…
