Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 450 - WORKERS' COMPENSATION INSURANCE - EXPERIENCE RATING
Section 031-450-2 - Scope

Current through 2024-38, September 18, 2024

This Rule is applicable to all intrastate experience modification factors calculated for Maine employers and to the portion of interstate experience modification factors covering exposure in this State. However, the Superintendent may authorize the members of a group self-insurer to adopt rating or assessment mechanisms that modify the application of this Rule to the group's internal operations for the purpose of equitably allocating claim and expense costs, if the Superintendent finds that the rating or assessment mechanism is not contrary to applicable statutory requirements and does not frustrate the purposes of this Rule.

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