1. (a) “Advisory organization” means “advisory organization” as defined in RSA 412:3, II.
2. (b) “Expenses” means “expenses” as defined in RSA 412:3, VIII.
3. (c) “Expense constant” means an additive component of a rate that is used to recognize a minimum cost associated with a policy regardless of its size.
4. (d) “Fixed expense” means a cost the value of which is independent of the size of the policy.
5. (e) "Investment income" means income derived from the insurer's invested assets attributed to policyholder supplied funds.
6. (f) “Loss cost multiplier” means a multiplicative factor applied to a prospective loss cost to develop a rate.
7. (g) “Prospective loss” costs means that portion of a rate that excludes profit and expenses except for loss adjustment expenses and is based on historical aggregate losses and loss adjustment expenses.
8. (h) “Rate” means “rate” as defined in RSA 412:3, XVIII.
9. (i) “Reference filing” as used in this chapter, means an advisory organization’s filing of prospective loss costs as defined in (g) above that insurers can adopt and incorporate in whole or in part in support of their own filings.
10. (j) “Supplementary rating information” means “supplementary rating information” as defined in RSA 412:3, XXII.
11. (k) “Underwriting contingencies” means the provisions included in the rate to account for risk exposure not foreseen as part of the development of expected loss or expense.
12. (l) “Underwriting profit” means the difference between the premium an insurer collects and the expected level of total losses, loss expenses, and all other expenses.
13. (m) A “variable expense” means a cost the value of which is dependent on the size of the policy.

Source. #5655, eff 7-1-93; ss by #6984, eff 5-1-99; ss by #8936, eff 8-1-07; ss by #10920, eff 9-1-15; ss by #14510, eff 2-7-26, EXPIRES: 2-7-36