Conn. Agencies Regs. § 31-349g-9

Current through October 16, 2024
Section 31-349g-9 - Interim premium surcharge
(a) An interim Premium Surcharge Rate of fifteen percent on Standard Premium shall apply to all workers' compensation and employers liability policies with an effective date between January 1, 1996 through June 30, 1996. Except those in the assigned risk pool, the rate shall be effective for the full term of the policy.
(b) The interim premium surcharge rate for the assigned risk pool shall be 13.6% on Standard Premium which shall apply to all workers' compensation and employers liability policies with an effective date between January 1, 1996 through June 30, 1996. In the assigned risk pool, the rate shall be effective for the full term of the policy.
(c) On or before May 15, 1996 and on or before August 15, 1996, Insurers shall remit to the Custodian of the Fund an amount equal to the stated Premium Surcharge, using the interim Premium Surcharge Rate provided in subsection (a) of this section, on all policies with an effective date during the first and second quarters of calendar year 1996, respectively.

Conn. Agencies Regs. § 31-349g-9

Adopted effective January 5, 1996