02-031 C.M.R. ch. 710, § 1 - Purpose
The purpose of this rule is to set forth standards to identify insurance carriers and other risk-bearing entities regulated by the Superintendent in hazardous financial condition and to impose, as appropriate, underwriting restrictions and other supervisory conditions necessary to limit a carrier's exposure to insurance or investment risk in order to protect the interests of the public, policyholders, holders of certificates of insurance, or claimants.
Notes
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