02-031-710 Me. Code R. § 1

Current through 2025-03, January 15, 2025
Section 031-710-1 - Purpose

The purpose of this rule is to set forth standards to identify insurance carriers and other risk-bearing entities regulated by the Superintendent in hazardous financial condition and to impose, as appropriate, underwriting restrictions and other supervisory conditions necessary to limit a carrier's exposure to insurance or investment risk in order to protect the interests of the public, policyholders, holders of certificates of insurance, or claimants.

02-031 C.M.R. ch. 710, § 1