31A-22-310 - Assigned risk plan.
31A-22-310. Assigned risk plan.
(1) After consultation with insurers authorized to issue policies containing the provisionsspecified under Section 31A-22-302, the insurance commissioner shall approve a reasonable planfor the equitable apportionment among the insurers of applicants for those policies who are ingood faith entitled to, but are unable to procure, these policies through ordinary methods.
(2) Upon the commissioner's approval of a plan under this section, all insurers issuingpolicies described under Section 31A-22-302 shall subscribe to and participate in thecommissioner's approved plan.
(3) Any applicant for a policy under the commissioner's plan, any person insured underthe plan, and any insurer affected by the commissioner's plan may appeal to the insurancecommissioner from any ruling or decision of the manager or committee designated to operate theplan.
(4) Section 31A-2-306 applies to the commissioner's decision on this appeal.
Amended by Chapter 161, 1987 General Session