Massachusetts · statute · Mass. Gen. Laws ch. 175C · 9 active provisions
Section 1. As used in this chapter, unless the context otherwise requires or a different meaning is specifically prescribed, the following words shall have the following meanings:— ''Commissioner'', the commissioner of insurance; ''Association'', the joint underwriting association described in section four. ''Basic pro…
Section 3. No insurance company shall direct any agent or other producer not to solicit business through the association; no insurance agent shall direct any other agent in his employ or any broker or other producer not to solicit business through the association; and no agent, broker or other producer shall be penaliz…
Section 4. (a) All insurers licensed to write and engaged in writing in this commonwealth, on a direct basis, basic property insurance or any component thereof in multi-peril policies, shall cooperate in organizing a joint underwriting association which shall provide basic property insurance to eligible applicants who…
Section 5. (a) The operation of the association shall be subject to the supervision and regulation of the commissioner. The commissioner or any person designated to act for the commissioner shall have the power to examine and investigate the operation of the association and shall have access to all the books, records,…
Section 6. There shall be no liability on the part of, and no cause of action of any nature shall arise against insurance companies, the association, or agents or employees thereof, or insurance agents or brokers using the, plan or association, or the commissioner or his authorized representatives, for any inspections…
Section 6A. No person who serves as a director, officer, trustee or agent of the association shall be held liable solely by reason of such service as a director, officer, trustee or agent for any act or omission resulting in damage or injury to another, if such person was acting in good faith and within the scope of hi…
Section 7. The denial by the association of a part or all of the coverage requested by an eligible applicant, and any other decision requiring improvements to be made or loss prevention measures to be taken as a condition of providing basic property insurance shall be subject to review by the commissioner if an eligibl…
Section 8. (a) In order to carry out the purpose of this chapter the commissioner is authorized to assess each insurance company an amount in the proportion that the premiums earned in the commonwealth during the preceding calendar year by each such company in those lines of insurance which are eligible for reinsurance…
Section 9. The association established pursuant to the provisions of this chapter shall prepare and submit to the commissioner of insurance a market assistance plan to assist applicants to obtain homeowners insurance in the voluntary market. All members of the association may, but shall not be required to, participate…