P.R. Laws tit. 26, § 1220
Agreements may be made among vehicle or casualty insurers with respect to the equitable apportionment among them of insurance which may be afforded applicants who are in good faith entitled to but who are unable to procure such insurance through ordinary methods, and such insurers may agree among themselves on the use of reasonable rate modifications for such insurance, such agreements and the rate modifications to be subject to the approval of the Commissioner.
The Commissioner shall, by regulation for the purpose and when he deems it justified, distribute equitably among the principal insurers those insurances which by law are imposed on certain persons in order to transact certain businesses, whenever such persons are unable to obtain the coverage from the domestic insurers authorized to transact such insurances.
History —Ins. Code § 12.200.