Statutes, codes, and regulations
California Code Of Regulations
Title 10 - InvestmentChapter 5 - Insurance CommissionerSubchapter 2 - Policy Forms and Other Documents
Article 1.9 - Standards for Determining Whether Benefits of an Individual Hospital, Medical or Surgical Policy Are Unreasonable in Relation to the Premium Charged Pursuant to Subdivision (c) of Section 10293
Section 2222.14 - Credibility Factors

Cal. Code Regs. tit. 10 § 2222.14

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Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Section 2222.14 - Credibility Factors

The commissioner may consider the use of credibility factors consistent with sound actuarial principles in the review of experience to recognize deviations from the loss ratio standard that may be due to chance variation.

Cal. Code Regs. Tit. 10, § 2222.14

1. Repealer of section and new section and NOTE filed 12-29-2006; operative 3-29-2007 pursuant to Insurance Code section 10293(a) (Register 2006, No. 52).

Note: Authority cited: Section 10293, Insurance Code. Reference: Section 10293(a), Insurance Code.

1. Repealer of section and new section and Note filed 12-29-2006; operative 3-29-2007 pursuant to Insurance Code section 10293(a) (Register 2006, No. 52).