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Pennsylvania Statutes Title 40 P.S. Insurance § 710-13. Deviation filings

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

(a)(1) Every member of or subscriber to a rating organization shall adhere to the filings made on its behalf by the rating organization.

(2) A member or subscriber may, notwithstanding paragraph (1), file with the commissioner a uniform percentage decrease or increase to be applied to the premiums produced by the filed rating system for a kind of insurance or class of insurance found by the commissioner to be a proper rating unit for the application of the uniform percentage decrease or increase or for a subdivision of a kind of insurance:

(i) that is comprised of a group of manual classifications which is treated as a separate unit for ratemaking purposes; or

(ii) for which separate expense provisions are included in the filings of the rating organization.

(b) A deviation filing shall specify the basis for the modification and shall be accompanied by the data upon which the applicant relies. A copy of the filing and data shall be sent simultaneously to the rating organization. A deviation filing shall be subject to the provisions of sections 505-A and 507-A.

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Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 P.S. Insurance § 710-13. Deviation filings - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-40-ps-insurance/pa-st-sect-40-710-13/

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