22 GCA § 18501: Approval.

(a) All rates, rate schedules, rate plans and methods of computing rates to be applied to any insurance transacted in Guam shall be filed with the office of the Commissioner, and before any rates may be charged, advertised, publicized, or otherwise represented, they shall have the approval of the Commissioner.

(b) It shall be unlawful for any insurer to use any rates in violation of the provisions of this section, or to alter, amend or otherwise change any rates without the approval of the Commissioner.

(c) It shall be unlawful for any insurer to charge any rate for any insurance transacted in Guam other than the rate approved by the Commissioner for such insurer for such risk and class of insurance.

(d) A filing fee of Two Hundred Dollars ($200.00) shall be paid for every rate plan or request for the Commissioner’s approval that is filed with the Commissioner.