Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-01 - Insurance Division
Chapter 0780-01-82 - Rating Appeals Before the Commissioner
Section 0780-01-82-.09 - SETTLEMENT OF APPEALS
Universal Citation: TN Comp Rules and Regs 0780-01-82-.09
Current through September 24, 2024
(1) In lieu of having an appeal, the parties may agree at any time to the informal settlement of the matter being appealed.
(2) All settlement agreements shall provide for the payment of all costs of the appeal. In the event the settlement agreement does not contain any such provision, the commissioner may assess all costs against the insurer or rate service organization that was a party to the appeal.
Authority: T.C.A. §§ 4-5-105 and 56-5-309(b) and (d).
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