Premium rates under a group policy of credit involuntary unemployment benefit insurance may not be increased more than once during the first policy year, and a subsequent increased rate may not be charged within 12 months of any prior change in rates. Monthly Premium Insurance. In a policy of monthly premium insurance, a change in rates may not be made effective until 31 days after all existing debtors in the group have been notified of any increased charge that they will be required to pay as a result of the change in rates. The notice required by §B(1) of this regulation shall be deemed to be satisfied if the insurer: Notifies the creditor of the increased charge; Provides the creditor with the necessary forms to be mailed by the creditor to the debtors advising them of the increased charge; and Verifies that the creditor has mailed the notices to the debtors. An insurer may file for approval of policy forms and premium rates for creditor-paid insurance on a basis other than that established by these regulations upon a showing satisfactory to the Commissioner that the: Forms and rates meet the requirements of Insurance Article, Title 13, Subtitle 1, Annotated Code of Maryland; and Rates are actuarially consistent with rates prescribed by this chapter for other forms of credit involuntary unemployment benefit insurance.