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This entry was published on 2014-09-22
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Participation in assigned risk plans
Insurance (ISC) CHAPTER 28, ARTICLE 53
§ 5301. Participation in assigned risk plans. (a) All insurers
licensed to write motor vehicle insurance in this state shall subscribe
to and participate in the reasonable plan or plans, approved, or which
may be approved, by the superintendent after consultation with such
insurers, for equitable apportionment among such insurers of applicants
for such insurance who are in good faith entitled to but are unable to
procure it through ordinary methods.

(b) Amendments to the plan may be made by the committee designated to
administer the plan, subject to the approval of the superintendent, or
shall be made at the direction of the superintendent.