P.R. Laws tit. 26, § 1213
(1) No member of, or subscriber to any rating organization, and no insurer which makes and files its own rates, shall charge or receive any rate which deviates from the rates, rating plans, classifications, schedules, rules, standards and multiple-line programs, as defined by regulations, made and filed by such rating organization, or by such insurer, as the case may be, which are applicable to any kind or type of business done by such member or the subscriber, or by such insurer, except as provided in this chapter.
(2) No insurer, and no licensed insurance agent, solicitor, employee, or other representative of an insurer, nor any licensed insurance broker, shall charge or demand a rate or receive a premium which deviates from the rates, rating plans, classifications, schedules, rules, standards, and multiple-line programs, as defined by regulations, made and ultimately filed by, or on behalf of the insurer, nor issue or write any policy or contract involving a violation of such filing.
(3) No insurer, insurance agent, licensed insurance broker, solicitor, employee or other representative of an insurer shall charge, demand, receive or pay commissions on a policy, in excess of the maximum commissions fixed by the filing of approved rates or the maximum commissions fixed by the Commissioner. The Commissioner, from time to time, will notify the insurers and other insurance-related personnel of the maximum concessions for commissions then in effect.
History —Ins. Code § 12.130; June 4, 1983, No. 89, p. 211, § 3.