260 R.I. Code R. 260-RICR-50-05-11.8
Current through December 3, 2024
Insurers shall audit policies issued pursuant to § 11.4 of this Part within ninety (90) days of the policy effective date and may conduct audits as the insurer deems appropriate. The purpose of the audit will be to determine whether all classifications, experience modification factors and estimated payroll utilized with respect to the development of the premium charged to the lessor are appropriate.
260 R.I. Code R. 260-RICR-50-05-11.8