Section 2248.44 - Annual Experience Reports(a) Each insurer subject to this Article shall file an annual report of its credit life and disability experience statistics with the Commissioner. Such report shall be filed no later than May 1 of the year following the calendar year reported. Each type of insurance as defined in this Article shall be reported separately on Credit Life and Disability Insurance Experience Report Forms prescribed by the Commissioner. Experience reports for insurance plans not defined in this Article shall include brief descriptions of the coverages provided. The Commissioner reserves the right to require that reports be filed in electronic media form. Each insurer shall maintain experience data on an annual basis for its business subject to this Article or to Article 6.7 of this Subchapter prior to the effective date of this Article, for at least five years.(b) Experience statistics generated under conditions different from those assumed in § 2248.32(b), including eligibility and termination ages different than those assumed in Article 6.9, shall be reported separately.(c) Credit insurance experience generated by business issued before the effective date of this Article shall be maintained and reported separately from experience generated under this Article.Cal. Code Regs. Tit. 10, § 2248.44
1. New section filed 4-14-94; operative 5-16-94. Submitted to OAL for printing only pursuant to Government Code section 11343(a)(1) (Register 94, No. 15). Note: Authority cited: Sections 779.21 and 779.36, Insurance Code. Reference: Sections 779.9, 779.13, 779.16 and 779.36, Insurance Code; Sections 18191, 18290 - 18292, 22458.1, 22458.2, 24458.1 and 24458.2, Financial Code; and Credit Insurance General Agents Association v. Payne, (1976) 16 Cal. 3d 651.
1. New section filed 4-14-94; operative 5-16-94. Submitted to OAL for printing only pursuant to Government Code section 11343(a)(1) (Register 94, No. 15).