Any licensed advisory organization, in addition to other activities not prohibited, is authorized on behalf of its members and subscribers to:
1. Develop statistical plans including territorial and class definitions;
2. Collect statistical data from members, subscribers or any other source;
3. Prepare, file and distribute prospective loss costs which may include provisions for special assessments and taxes;
4. Prepare, file and distribute factors, calculations or formulas pertaining to classification, territory, increased limits and other variables;
5. Prepare, file and distribute manuals of rating rules, rating schedules and other supplementary rating information that does not include final rates, expense provisions, profit provisions or minimum premiums;
6. Distribute information that is required or directed to be filed with the Commissioner;
7. Conduct research and on-site inspections in order to prepare classifications of public fire defenses;
8. Consult with public officials regarding public fire protection as it would affect members, subscribers and others;
9. Conduct research and collect statistics in order to discover, identify and classify information relating to causes or prevention of losses;
10. Conduct research and collect information to determine the impact of statutory and other law changes upon prospective loss costs and special assessments;
11. Prepare, file and distribute policy forms and endorsements and consult with members, subscribers and others relative to their use and application;
12. Conduct research and on-site inspections for the purpose of providing risk information relating to individual structures;
13. Conduct on-site inspections to determine rating classifications for individual insureds;
14. Collect, compile and publish past and current prices of individual insurers; provided, such information is also made available to the general public for a reasonable price;
15. Collect and compile exposure and loss experience for the purpose of individual risk experience ratings;
16. File final rates for residual market mechanisms; and
17. Furnish any other services, as approved or directed by the Insurance Commissioner, related to those enumerated in this section.
Added by Laws 2006, c. 264, § 32, eff. July 1, 2006.
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