The purpose of 211 CMR 130.00 is to set forth rules and procedural requirements that the commissioner deems necessary to carry out the provisions of M.G.L. c. 175, § 20A. The actions and information required by 211 CMR 130.00 are declared to be necessary and appropriate in the public interest and for the protection of the ceding insurers in this state.
211 CMR, § 130.01