Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 04. INSURERS |
Chapter 31.04.21. Payment of Actuarial Review of Rate Filings |
Sec. 31.04.21.02. Definitions
Latest version.
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A. In this chapter, the following terms have the meanings indicated.
B. Terms Defined.
(1) Actuarial consultant means a consultant retained by the Commissioner subject to applicable procurement requirements to examine a rate filing.
(2) Advisory organization has the meaning stated in Insurance Article, §11-101, Annotated Code of Maryland.
(3) Carrier means an authorized insurer, nonprofit health service plan, or health maintenance organization.
(4) Commissioner means the Maryland Insurance Commissioner.
(5) Rating organization has the meaning stated in Insurance Article, §11-101, Annotated Code of Maryland.