Mass. Gen. Laws ch. 174A, § 13
Joint reinsurance; regulation
Massachusetts · Massachusetts General Laws Chapter 174A — Regulation of Rates for Fire, Marine and Inland Marine Insurance, and Rating Organizations · Status: effective
Cite this
- Citation
- Mass. Gen. Laws ch. 174A, § 13, Joint reinsurance; regulation, Massachusetts, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1557066
- Permanent ID
ys:prov:1557066@1- SHA-256
a97afb813843e35ee055e6599df84ea1b38120f50609a9d11eeddfe2344dce0c
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Section 13.
(a) Every group, association or other organization of insurers which engages in joint underwriting or joint reinsurance, shall be subject to regulation with respect thereto as herein provided, subject, however, with respect to joint underwriting, to all other provisions of this chapter and, with respect to joint reinsurance, to sections fourteen and sixteen to eighteen, inclusive.
(b) If, after due notice and a hearing, the commissioner finds that any activity or practice of any such group, association or other organization is unfair or unreasonable or otherwise inconsistent with any provision or provisions of this chapter, he may issue a written order specifying in what respects such activity or practice is unfair or unreasonable or otherwise inconsistent with such provision or provisions, and requiring the discontinuance of such activity or practice.