211 CMR 20.09 - Supplemental Provisions; Exemption

Current through Register 1466, April 1, 2022

(1) The provisions of 211 CMR 20.00 are supplemental to any other provisions of the laws of Massachusetts, and shall not preclude or limit any other powers or duties of the Commissioner under such laws, including, but not limited to M.G.L. c. 175, §§ 180A through 180LV2 and c. 176, § 33.
(2) The Commissioner may exempt from the application of 211 CMR 20.00, any domestic property and casualty insurer which;
(a) Writes direct business only in this state;
(b) Writes direct annual premiums of $2,000,000 or less; and
(c) Assumes no reinsurance in excess of 5% of direct premium written.

Notes

211 CMR 20.09
Amended by Mass Register Issue 1320, eff. 8/26/2016.

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