40-2108. Apportionment agreements among insurers as to persons unable to procure workmen's compensation and employer liability policies.

40-2108

Chapter 40.--INSURANCE
Article 21.--MISCELLANEOUS PROVISIONS

      40-2108.   Apportionment agreements among insurers as to persons unableto procure workmen's compensation and employer liability policies.Agreements may be made among insurers with respect to the equitableapportionment among them of insurance which may be afforded applicants whoare in good faith, entitled to but who are unable to procure such insurancethrough ordinary methods and such insurers may agree among themselves onthe use of reasonable rate modifications for such insurance: Provided,That such apportionment agreements and rate modifications are approved bythe commissioner of insurance.

      History:   L. 1961, ch. 239, § 1; June 30.