Current through codified legislation effective October 30, 2024
Section 31-5031.19 - Filing by rating bureaus(a) A title insurer may satisfy its obligation to file premium rates, rating manuals, and forms as required by this chapter if:(1) It becomes a member of, or a subscriber to, a rate service organization, organized and licensed under the provisions of acts relating to insurance which are codified in this title;(2) The rate service organization makes the filings; and(3) It authorizes the Commissioner in writing to accept the filings on the title insurer's behalf.(b) This chapter shall not: (1) Require any title insurer to become a member of, or a subscriber to, any rate service organization; and(2) Prohibit the filing of deviations from rate service organization filings by any member or subscriber.Sept. 24, 2010, D.C. Law 18-223, § 2160, 57 DCR 6242.