Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 07. INSURANCE RATING LAW |
Chapter 31.07.01. Property, Casualty, Surety, and Marine Rating, and Supplementary Information Filings |
Sec. 31.07.01.01. Purpose
Latest version.
-
Pursuant to Insurance Article, §§11-206, 11-307, 11-329, and 11-330, Annotated Code of Maryland, rate filings made by individual insurers may incorporate the experience of rating organizations. The experience includes statistical data, prospective loss costs, and supporting information, as defined in this chapter. The purpose of this chapter is to establish what additional information shall be provided to the Commissioner by insurers which incorporate, in whole or in part, filings made by rating organizations.