jan 1, 1946 - NAIC approved 2 (rate) model laws
and (fairness in competition) model laws
Description:
Rate Model Laws:
-recommended anti-rebating laws (to prevent subversion of approved rates)
-require prior approval of rates
-how to file
-role of rating orgs
Fairness in Competition Model Laws:
-rebating
-boycott,coercion,intimidation
-misrepresentation
-etc.
Added to timeline:
Exam 6 - History of Insurance
Date:
