02-031-550 Me. Code R. § 5

Current through 2024-46, November 13, 2024

Section 031-550-5 - Apportionment of premium

If the policy also covers risks other than Maine exposure, its premium shall be calculated as follows:

(a) all Maine exposure must be accurately measured and subject to a separately itemized charge calculated on the basis of the Maine rate; and

(b) the remainder of the premium must be calculated in a manner that is reasonably designed to reflect the employer's exposure under the worker's compensation laws of other states, and that does not have the effect of avoiding the intent of this Rule.

02-031 C.M.R. ch. 550, § 5