Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 15.00 - Reporting of Statistical Data by Property and Casualty Insurance Companies
Section 15.12 - Exemption

Upon application by a Statistical Agent or an individual Insurer, the Commissioner may allow the submission of a Statistical Report or data at a specified later date if the submission of the Statistical Report or data on the date required by this regulation would create a substantial hardship on the Statistical Agent or Insurer.

In considering whether to grant such an exemption, the Commissioner shall consider whether the delay is necessitated by an unusual or a one-time situation, or whether the delay is necessitated by a situation that is likely to reoccur. When the delay is necessitated by a situation that is likely to reoccur, the Commissioner may condition the granting of an exemption on whether the Insurer or Statistical Agent has a plan of action to address the situation in the future.

The precise terms, details and provisions of the Plan may be examined by any interested person at the Office of the Commissioner of Insurance, 100 Nashua Street, Boston, Massachusetts.