D.C. Mun. Regs. tit. 26, r. 26-A5301

Current through Register 71, No. 45, November 7, 2024

Rule 26-A5301 - PURPOSE

5301.1

The purpose of these rules is to implement the provisions of An Act To provide for regulation of certain insurance rates in the District of Columbia, and for other purposes, approved May 20, 1948 (62 Sta. 242; D.C. Official Code § 31-2701, et seq.), as amended by the "Medical Malpractice Amendment Act of 2006," effective March 14, 2007 (D.C. Law 16-263; 54 DCR 807)(hereinafter the "Act"), and to safeguard the public interest by allowing reasonable inspection and analysis of medical malpractice liability company rate plans and premium rates.

Source: Notice of Final Rulemaking published at 55 DCR 12490 (December 12, 2008)

Authority: The Commissioner of the Department of Insurance, Securities, and Banking, pursuant to the authority set forth in section 101(b) of the Medical Malpractice Amendment Act of 2006, effective March 14, 2007 (D.C. Law 16-23; D.C. Official Code §§ 31-2703 (f-1)(1(B) and (f-1)(3)).