INSURANCE REGULATION 72 PRESENT VALUE OF PERMANENT TOTAL DISABILITY WORKERS' COMPENSATION RESERVES


230-RICR-20-15-2 INACTIVE RULE

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Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 15 Workers Compensation Insurance
Part 2 INSURANCE REGULATION 72 PRESENT VALUE OF PERMANENT TOTAL DISABILITY WORKERS' COMPENSATION RESERVES
Type of Filing Technical Revision
Regulation Status Inactive
Effective 02/07/2002 to 02/07/2002

Regulation Authority:

R.I. Gen. Laws §§ 27-1-1 et seq, 27-2-1 et seq, 27-7.1-1 et seq and 42-14-1 et seq.

Purpose and Reason:

The purpose of this Regulation is to establish procedures for insurance carriers domiciled in Rhode Island to present value certain reserves relating to permanent total disability and survivor death benefits for statutory financial reporting.