The director of the Division of Insurance shall establish rules:

(1) For determining which insurers, selfinsurers, plans, or arrangements are financially qualified to provide the security required under this Act and to be designated as qualified insurers;

Ask a litigation question, get an answer ASAP!
Thousands of highly rated, verified litigation lawyers.
Click here to chat with a lawyer about your rights.

(2) To require insurers to post security under § 21-3A-8 if found by the court to be obligated and capable of posting security; and

(3) For publishing prior to January first of each year the rate of discount per annum set out in § 21-3A-6.

Source: SL 1986, ch 163, § 12.