a. In addition to any other duties otherwise prescribed by law, the division shall analyze the general business practices being followed by insurers writing the class or classes of insurance provided for in R.S. 17:17-1, including, but not limited to:
(1) The policies being followed by the insurer in procuring reinsurance; and
(2) The general pricing policies being utilized by the insurer, and the effect of those pricing policies upon the insurer's overall operations; and
(3) The investment policies being utilized by the insurer, and the effect of these policies upon the insurer's overall operations.
b. In addition to the duties prescribed by this act or otherwise prescribed by law, the division established pursuant to section 2 of this act shall, from time to time, examine the overall operation of the insurance market, with respect to commercial lines insurance and personal lines insurance. If the division finds that any business practice or practices being followed by any insurer or insurers will result in market instability, the lack of the availability of coverage, or will result in premiums which are excessive, inadequate or unfairly discriminatory, the division shall so report to the commissioner.