§ 23-67-216 - Advisory organizations -- Permitted activities.
23-67-216. Advisory organizations -- Permitted activities.
Any advisory organization, in addition to other activities permitted, is authorized to:
(1) Develop statistical plans, including territorial and class definitions;
(2) Collect statistical data from members, subscribers, or any other source;
(3) Prepare and distribute pure premium data, adjusted for loss development and loss trending, in accordance with its statistical plans;
(4) Prepare, distribute, and file rates and supplementary rate information except as prohibited by 23-67-215(b). Those filings made by advisory organizations shall be for advisory purposes only and shall not be made on behalf of any insurer;
(5) Distribute information that is filed with the Insurance Commissioner and open to public inspection;
(6) Conduct research and on-site inspections in order to prepare classifications of public fire defenses;
(7) Consult with public officials regarding public fire protection as it would affect members, subscribers, and others;
(8) Conduct research and collect statistics in order to discover, identify, and classify information relating to cause or prevention of losses;
(9) Prepare and file policy forms and endorsements and consult with members, subscribers, and others relative to their use and application;
(10) Conduct research and on-site inspections for the purpose of providing risk information relating to individual structures;
(11) Collect, compile, and distribute past and current prices of individual insurers if that information is made available to the general public;
(12) File rates, supplementary rate information, and supporting information for residual market mechanisms; and
(13) Furnish any other services not prohibited by this chapter.