Section 16-23-64 - Revision of current statistical plans Statistical plans currently utilized for the collection and compilation of experience under motor vehicle insurance policies shall be revised and refiled to meet the following additional requirements of this section:
(1) Compilations made by statistical agents shall be filed with the commissioner within ninety days of the evaluation date of the data contained therein. Accident year experience shall be evaluated as of March 31, and the statistical agent's compilation filed on or before June 30 of each year. In the event that an individual company does not provide proper input data to its designated statistical agent on a timely basis, the statistical agent shall nevertheless file the compilation of such data as has been properly filed on or before June 30 together with a detailed explanation of the incomplete data and the steps being taken to remedy the incompleteness. Every thirty days thereafter, the statistical agent shall file an updated compilation together with a deficiency report, until a complete compilation has been filed;(2) Statistical agents shall make available to the commissioner, at request, compilations for any or all individual companies reporting to them;(3) Coverage codes shall provide for separate identification of each mandatory option, as specified in section 16-23-11;(4) Type of loss codes shall provide for separate identification of each mandatory option as specified in section 16-23-11;(5) Provision shall be made to separately identify benefits paid for chiropractic and acupuncture treatments under personal injury protection benefits;(6) The definition of excess loss shall be amended to include provision for claims where the amount of personal injury protection benefits incurred equals or exceeds $10,000, less any applicable offset or deductible;(7) Experience under each of the various deductibles, co-payments and managed care options for personal injury protection benefits shall be separately coded and compiled;(8) Provision shall be made to separately identify the amount of covered loss deductible offsets to bodily injury liability coverage losses; and(9) Experience under each of the various deductibles and optional additional coverage for physical damage shall be separately coded and compiled. [Eff 9/1/74; am and ren § 16-23-64, 7/7/80; am and comp 9/1/82; comp 9/1/85; am and comp 9/1/88; comp 9/15/89; comp 9/1/90; am and comp 6/1/93; am and comp 1/1/98; am and comp 1/8/99; comp 11/11/12] (Auth: HRS § 431:10C-214) (Imp: HRS § 431:14-114)