Insurers may act in concert with respect to rates.

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Effective - 28 Aug 1947

379.430. Insurers may act in concert with respect to rates. — 1. Subject to the provisions of sections 379.420 to 379.510, two or more licensed insurers may act in concert with each other and with others with respect to any or all matters pertaining to the making of rates, rating plans or rating systems or the preparation or making of insurance policy or bond forms, underwriting rules, surveys, inspections and investigations or the furnishing of loss or expense statistics or other information and data, or carrying on of research.

2. Two or more insurers may act in concert in the making or use of rates when executing fidelity or surety bonds through cosurety or reinsurance, or when affiliated through common ownership, management or control.

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(L. 1947 V. II p. 254 § 3)


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