14 Va. Admin. Code § 5-345-60
Current through Register Vol. 40, No. 22, June 17, 2024
Section 14VAC5-345-60 - CertificationA. In any filing proposing a rate stabilization plan, the insurer shall complete, certify, and include the Rate Stabilization Plan Certification (Form 345-A).B. In any rate filing made subsequent to the implementation of a rate stabilization plan where historical premiums have been capped (whether increases or decreases), the insurer's actuary shall provide a signed statement certifying that the actuarial indication does not redundantly measure rate need.14 Va. Admin. Code § 5-345-60
Derived From Virginia Register Volume 32, Issue 25, eff. 9/1/2016.Statutory Authority: §§ 12.1-13 and 38.2-223 of the Code of Virginia.