Current through December 21, 2024
Section 3 AAC 29.415 - Filing requirements(a) A rating organization, on behalf of its member and subscriber insurers, or an insurer may file, for the director's approval, a schedule rating plan that includes (1) the criteria that an applicant or insured must meet to be eligible for the plan;(2) a description of each risk characteristic for which a debit or credit will apply;(3) the range of permissible debits or credits for each risk characteristic;(4) the maximum total debit or credit that an underwriter may assign to the policy; and(5) a statement describing compliance with the requirements of 3 AAC 29.420 and 3 AAC 29.430.(b) A schedule rating plan filing must conform to the requirements of 3 AAC 31.200 - 3 AAC 31.217 and 3 AAC 31.225.Eff. 7/24/98, Register 147; am 11/12/2006, Register 180; am 12/20/2020, Register 236, January 2021 Authority:AS 21.06.090
AS 21.39.030
AS 21.39.040