Alaska Admin. Code tit. 3, § 29.220
Insurer filing responsibilities
Effective Dec 20, 2020Alaska Register 236(Eff. 8/7/92, Register 123; am 12/24/93, Register 128; am 1/17/98, Register 145; am 12/20/2020, Register 236) | Authority: AS 21.06.090, AS 21.39.040, AS 21.39.070, AS 21.39.130
(a) An insurer may
- (1) develop and submit its own filing of rates supported by statistical data, interpretation of the statistical data, relevant loss and expense experience or judgment, and other supporting information as required by the director; or
- (2) submit a loss cost adjustment filing that adopts the prospective loss costs filing made by the rating organization of which the insurer is a participating insurer, and applies the insurer's own loss cost adjustments; except as provided in 3 AAC 29.240(c), an insurer must adopt the rating organization filing of prospective loss costs that will be in effect on the effective date of the insurer's loss cost adjustment filing.
- (b) Repealed 12/24/93.
- (c) Repealed 12/20/2020.
(d) A participating insurer of a rating organization for a kind of insurance may
- (1) develop and submit a filing of supplementary rating information; or
- (2) authorize the director to accept a filing of supplementary rating information made on its behalf by the licensed rating organization.
(Eff. 8/7/92, Register 123; am 12/24/93, Register 128; am 1/17/98, Register 145; am 12/20/2020, Register 236)
Authority: AS 21.06.090, AS 21.39.040, AS 21.39.070, AS 21.39.130