- (1) No county mutual insurance company’s compensation expense ratio may exceed thirty percent (30%) for any given year.
- (2) Any county mutual insurance company whose compensation expense ratio exceeds thirty percent (30%) for any given year shall be considered to be operating in a hazardous financial condition.
Authority: T.C.A. §§ 56-22-107(b), 56-22-119, and 56-22-120. Administrative History: Original rule filed October 19, 2007; effective January 2, 2008.