sec.65Industry deed

### sec.65 Industry deed A licensed insurer is bound by the industry deed. The industry deed may— require licensed insurers to make disclosures and reports to the commission in accordance with stipulated standards and requirements; and deal with the apportionment of liability, and the sharing of costs, between licensed insurers (including the Nominal Defendant); and provide for the appointment of a person to arbitrate disputes between 2 or more insurers about a claim; and provide for the sharing of information between insurers to the mutual benefit of insurers; and regulate the management of claims under CTP insurance policies; and provide direction and guidance for licensed insurers about initiating, managing, monitoring, and measuring the effectiveness of, the provision of rehabilitation services for injured claimants; and regulate in any other way the conduct of insurance business under the statutory insurance scheme. s 65 amd 1999 No. 12 s 14 ; 2019 No. 36 s 32 sch 1 (sec.65-ssec.1) A licensed insurer is bound by the industry deed. (sec.65-ssec.2) The industry deed may— require licensed insurers to make disclosures and reports to the commission in accordance with stipulated standards and requirements; and deal with the apportionment of liability, and the sharing of costs, between licensed insurers (including the Nominal Defendant); and provide for the appointment of a person to arbitrate disputes between 2 or more insurers about a claim; and provide for the sharing of information between insurers to the mutual benefit of insurers; and regulate the management of claims under CTP insurance policies; and provide direction and guidance for licensed insurers about initiating, managing, monitoring, and measuring the effectiveness of, the provision of rehabilitation services for injured claimants; and regulate in any other way the conduct of insurance business under the statutory insurance scheme. - (a) require licensed insurers to make disclosures and reports to the commission in accordance with stipulated standards and requirements; and - (b) deal with the apportionment of liability, and the sharing of costs, between licensed insurers (including the Nominal Defendant); and - (ba) provide for the appointment of a person to arbitrate disputes between 2 or more insurers about a claim; and - (c) provide for the sharing of information between insurers to the mutual benefit of insurers; and - (d) regulate the management of claims under CTP insurance policies; and - (e) provide direction and guidance for licensed insurers about initiating, managing, monitoring, and measuring the effectiveness of, the provision of rehabilitation services for injured claimants; and - (f) regulate in any other way the conduct of insurance business under the statutory insurance scheme.