CHAPTER 203

S.P. 510 - L.D. 1522

An Act To Establish Fee Caps under the Maine Insurance Code

Be it enacted by the People of the State of Maine as follows:

Sec. 1. 24-A MRSA §601, as amended by PL 2001, c. 47, §1, is further amended to read:

§601. Fee schedule

The superintendent shall collect, and persons so served shall pay to the superintendent, the fees, licenses and miscellaneous charges as follows set forth in this section. The superintendent may adopt rules establishing the fees and charges in different amounts from those specified under this section, except that the amount of any such fee or charge may not exceed the cap established in this section.__In the absence of such rules, the maximum amounts set forth in this section apply.__Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2-A.

1. Certificate of authority. Insurer's certificate of authority fees are may not exceed:

A. For filing application for initial certificate of authority, including all documents submitted as part of the application. If an applicant requests deferral and new data filings respecting the application are required, a fee in equal amount is required upon the filing of the new information $1,000;