02-031-440 Me. Code R. § II-17
Current through 2024-46, November 13, 2024
For purpose of application to the 1988 plan, a renewal offer by any servicing carrier retaining a license to write workers' compensation regarding a policy reinsured in the 1987 Maine residual market shall be deemed sufficient application to the 1988 Plan. A policy reinsured in the 1987 Maine residual market written by a company no longer retaining a license to write workers' compensation and for which a legal notice of nonrenewal has been issued can only be reissued in the 1988 reinsurance Pool through application to the 1988 plan in accordance with normal initial application procedures.
02-031 C.M.R. ch. 440, § II-17