INSURANCE REGULATION 32 INSURANCE STATISTICAL DATA
230-RICR-20-05-16 INACTIVE RULE
Title | 230 | Department of Business Regulation (includes the Office of the Health Insurance Commissioner) |
Chapter | 20 | Insurance |
Subchapter | 05 | Personal Lines - Automobile and Homeowners Insurance |
Part | 16 | INSURANCE REGULATION 32 INSURANCE STATISTICAL DATA |
Type of Filing | Technical Revision |
Regulation Status | Inactive |
Effective | 12/19/2001 to 12/19/2001 |
Regulation Authority:
Purpose and Reason:
It is the purpose of this part to assure the accuracy and reliability of Private Passenger Automobile statistical data reported to the Insurance Department by its licensed statistical agents. The statistical data provides part of the general support for insurers' rate and classification filings and supplies important information with respect to the character and composition of the market. In addition, in most companies, the raw data utilized in a company's statistical reporting system are essentially the same data as those utilized in its rate making system. The accuracy and reliability