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Missouri Revised Statutes Title XXIV. Business and Financial Institutions § 379.890. Rates, rate plan or rate system filing, when--required actuarial data

Current as of January 01, 2025 | Updated by Findlaw Staff

Supporting actuarial data shall be filed in support of a commercial casualty insurance rate, rating plan, or rating system filing, whenever requested by the director to determine whether rates are excessive, inadequate or unfairly discriminatory. The data shall be in sufficient detail to:

(1) Justify any rate level changes; and

(2) Demonstrate the statistical significance of differences or correlations relevant to rating plan definitions and rate differentials.

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Cite this article: FindLaw.com - Missouri Revised Statutes Title XXIV. Business and Financial Institutions § 379.890. Rates, rate plan or rate system filing, when--required actuarial data - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-xxiv-business-and-financial-institutions/mo-rev-st-379-890/

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