Aicant shall prepare and maintain an up-to-date, detailed plan of operations for its self-insurance program. At a minimum, such plan shall include:

1. A. an overview and narrative description of the proposed plan, with comments on all major aspects of operations, including administration, data and record keeping, claims, investment, reinsurance, and any other important topic;
2. B. a description of the structure and organization of the company, the type of company (stock, mutual, etc.), holding company, affiliates, and subsidiaries;
3. C. the qualifications and experience of management personnel;
4. D. a description of the self-insured’s claims management program;
5. E. an explanation of the use of any management agreements, or agreements with claims adjusters or third party administrators, and any other significant contractual arrangements;
6. F. the names of any reinsurer(s) and descriptions of the types, terms and conditions, and cost of coverage, and the maximum retained exposure;
7. G. a detailed summary of the applicant’s automobile premium, exposure and loss history for at least the last three (3) years;
8. H. an explanation of the applicant’s safety and loss control program and a copy of the safety manual, if one exists; include the name of the person in charge of the safety program and vehicle inspection schedule;

9. I. an actuarial evaluation of the applicant’s projected loss for the coming year.

   [4/1/99; Recompiled 11/30/01]