"Highly protected risk market" consists of commercial property coverage written specifically for large, complex, and multistate commercial and industrial properties. Further, the "highly protected risk market" is characterized by large size, high value, diversity and loss control; and with policyholders who are sophisticated commercial insureds employing professional risk managers and insurance appraisers on staff.
N.D. Admin Code 45-05-07-01
General Authority: NDCC 28-32-02
Law Implemented: NDCC 26.1-25-19