02-031-550 Me. Code R. § 1
Current through 2025-03, January 15, 2025
Certain employers seek to gain an unfair competitive advantage by paying for workers' compensation insurance at out-of-state premium rates for activities conducted in Maine and subject to Maine workers' compensation law. Insurers share in the responsibility to protect the integrity of the workers' compensation system from such abuses, and are under a continuing duty to exercise due diligence in auditing their clients. Although Maine is an open-competitive rating state, each insurer is required to file its rates and rating plans with the Superintendent for approval, and those rates may not discriminate unfairly between similar risks.
02-031 C.M.R. ch. 550, § 1