C. The identification of specific trends within those lines of insurance related to:

(1) Changes in policy forms;

(2) Underwriting and rating practices;

(3) Nonrenewal and cancellation hearings held before the Bureau of Insurance; and

(4) Complaints made to the Bureau of Insurance by type of insurance;

D. The identification and review of factors that are influencing underwriting and rating practices used by insurers in this State for those lines of insurance;

E. A summary of information gathered at public hearings; and

F. A suggested framework for ongoing data collection and market analysis for those lines of insurance.

2. In preparing the report, the Superintendent of Insurance shall use the following methodology.

A. The superintendent shall conduct 4 public hearings in different locations throughout the State. The purpose of the hearings is to provide an overview of the insurance market in this State, to gather public comment on problems and issues related to property and casualty insurance and to provide information relating to consumer assistance available from the Bureau of Insurance.

B. The superintendent may contract with outside consultants to assist with preparation of the report. If outside consultants are utilized, the costs must be absorbed within the Bureau of Insurance's existing budgeted resources.

C. To the extent possible, the superintendent shall review and analyze requests made to the Bureau of Insurance in 2001, 2002 and 2003 for cancellation and nonrenewal hearings pursuant to the Maine Insurance Code.

3. The Superintendent of Insurance shall submit the report no later than January 5, 2004 to the Joint Standing Committee on Insurance and Financial Services. The committee may report out