A hearing on the MPIUA’s Filing for Named Storm Deductible Forms and Rules has been scheduled
The Division of Insurance has issued a Notice of Hearing scheduling a hearing on The Massachusetts Property Insurance Underwriting Association’s (“Fair Plan”) Filing on “Named Storm Deductible Forms and Rules.”
The public hearing will take place at 10:00 a.m. on February 23, 2017, at the Division of Insurance (“Division”), Hearing Room 1-E, 1000 Washington Street, Boston, Massachusetts, 02118-6200.
The purpose of the hearing to consider whether the Commissioner of Insurance should approve the filing concerning Homeowners Multi-peril and Dwelling Fire and Extended Coverage policies issued through the FAIR Plan. In order to assess this issue, the hearing will permit interested individuals as well as the general public the opportunity to comment.
Docket No. G2017-02
According to the Division, the FAIR Plan has submitted a filing that includes “…a rate analysis, rules and form provisions for the proposed Named Storm Deductible. The filing does not specify an effective date. The MPIUA filing may be examined at the Division’s offices during normal business hours.”
The deadline to submit a notice of intent to make an oral statement is February 21, 2018
The following is more information directly from the Notice:
The hearing shall be conducted in accordance with the provisions of Massachusetts General Laws, c. 174A, c. 175A, c. 175C, and c. 30A; and 211 CMR 101.00, et seq. Any person who wishes to make an oral statement on February 23, 2018, is asked to submit a Notice of Intent to Make a Statement on or before February 21, 2018…
Any person, other than the State Rating Bureau or a statutory intervenor, who wishes to appear and present testimony in this matter may file a written petition for leave to intervene or to participate, which includes any data that the petitioner intends to introduce at the hearing, no more than four business days after publication of this hearing notice, and must serve the petition on the MPIUA, the State Rating Bureau and any statutory intervenor that appeared in the most recent hearing on MPIUA rates. The
MPIUA, the State Rating Bureau and any statutory intervenor who has filed a notice of appearance shall file any response to the petitions to intervene or to participate within five days after service of the petition.
Where to send a notice of intent
Notices of Intent may be sent to the Docket Clerk, Massachusetts Division of Insurance, at the address shown below or by electronic mail to Doidocket.Mailbox@state.ma.us. All other persons will be heard after those who submit such notice.
