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Ex. ME-078 Order Primary source read

Bulletin 444

Coronavirus Pandemic: Property and Casualty Premium Refunds

Superintendent of Insurance · Maine (Sector regulator)

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The COVID Project

The record

Jurisdiction
Maine
Level
Sector regulator
Authority
24-A M.R.S. §§ 471-479
Issued
2020-04-15 Apr. 15, 2020
Effective
2020-04-15
End
With the Insurance Emergency (read as 2021-09-30)
In force
Apr. 15, 2020 to Sept. 30, 2021
Quarters
2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3
Limitation types
Other
Addressees
  • property casualty insurers, producers, surplus lines insurers and brokers
Functions reached
  • IN insurance
  • CB
Collection
Maine ME

Operative words

The COVID-19 pandemic has altered insurers' assumptions about risks in various property and [casualty lines]

Enforcement

Superintendent's supervisory authority

Notes

Regulatory recognition that the closure orders altered the risk assumptions of commercial auto and other lines, permitting premium refunds.

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.