Insurance Regulation 18
230-3147 INACTIVE RULE
Title | 230 | Department of Business Regulation (includes the Office of the Health Insurance Commissioner) |
Chapter | XXX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
Subchapter | XX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
Part | 3147 | Insurance Regulation 18 |
Type of Filing | Adoption |
Regulation Status | Inactive |
Effective | 02/14/2007 to 02/22/2007 |
Regulation Authority:
§§ 42-14-17;42-35-3; 27-4-17 (d)
Purpose and Reason:
The Department of Business Regulation (“Department”) hereby adopts Insurance Regulation 18 effective February 14, 2007 and makes this statement in accordance with R.I. Gen. Laws § 42-35-2.3. The Department makes these amendments in order to in order to recognize, permit and prescribe the use of mortality tables that reflect differences in mortality between Preferred and Standard lives in determining minimum reserve liabilities pursuant to R.I.G.L. § 27-4-17(d) and Insurance Regulation 93. There is no difference between the text of the proposed regulation as published in accordance with R.I. Gen. Laws § 42-35-3 and the regulation as adopted, other than editing changes.
Reference: 230-RICR-20-25-10
Reference: 230-RICR-20-25-2