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Texas Insurance Code - INS § 2006.053. Approval of Certain Actuarially Justified Premium Discounts and Rating Programs

Current as of January 01, 2024 | Updated by Findlaw Staff

The commissioner may approve:

(1) a premium discount filed with the department that is greater or less than the discount specified by Section 2006.052 if the commissioner determines the discount is actuarially justified;  or

(2) a rating program filed with the department that is based on claim or loss experience and is not a discount described by Section 2006.052 or Subdivision (1) if the commissioner determines the program is actuarially justified.

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Cite this article: FindLaw.com - Texas Insurance Code - INS § 2006.053. Approval of Certain Actuarially Justified Premium Discounts and Rating Programs - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-2006-053/

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