Wash. Admin. Code § 296-17B-550
Current through Register Vol. 24-20, October 15, 2024
If the sum of the losses incurred for your claims divided by your standard premiums and multiplied by the performance adjustment factor is greater than the maximum loss ratio you selected, your incurred losses will be reduced accordingly. If it is less than the minimum loss ratio you selected, your incurred losses will be increased accordingly.
Wash. Admin. Code § 296-17B-550
Statutory Authority: RCW 51.16.035, 51.16.100, 51.04.020(1), and 51.18.010. 10-21-086, § 296-17B-550, filed 10/19/10, effective 11/19/10.