P.R. Laws tit. 26, § 1218
2019-02-20 00:00:00+00
(1) Cooperation among rating organizations or among rating organizations and insurers in rate making or in other matters within the scope of this chapter is hereby authorized, provided the filings resulting from such cooperation are subject to all the provisions of this chapter which are applicable to filings generally.
(2) The Commissioner may review such cooperative activities and practices and if appropriate, after a hearing, he may issue a written order specifying in what respects such activity or practice is unfair or unreasonable or otherwise inconsistent with the provisions of this chapter, and requiring the discontinuance of such activity or practice.
History —Ins. Code § 12.180.