GroundRules
INS § 742.25
Where this section sits in the code
- Insurance Code - INS
- DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]
- PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]
- CHAPTER 1. General Regulations [680. - 1113.]
- ARTICLE 4.7. Multiple Employer Welfare Arrangements [742.20. - 742.43.]
In determining the qualification of a multiple employer welfare arrangement, the commissioner will consider, among other things:
(a) The history of the multiple employer welfare arrangement.
(b) The competency, character, integrity, responsibility, and general fitness of the management and administration.
(c) Financial stability.
(d) Whether claims were promptly and fairly adjusted and are promptly and fully paid in accordance with the law and the terms of the plan.
(e) Fairness and honesty of methods of doing business.
(f) Hazard to covered employees or creditors.
Collected 2026-09-14T05:56:33Z. Source file · JSON