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1217 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-six - Insurance (§§ 101 — 10377)/
  5. Subtitle 1 - Insurance Generally/
  6. Chapter 12/
  7. 1217
Puerto Rico Legal Code

1217

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To further uniform administration of rate regulatory laws, the Commissioner and every insurer and rating organization may exchange information and experience data with insurance supervisory officials, insurers, and rating organizations in the United States and may consult and cooperate with them with respect to rate making and the application of rating systems. The Commissioner may promulgate reasonable rules and plans for the interchange of data necessary for the application of rating plans.\nHistory —Ins. Code § 12.170.