Experience period definition

Experience period means the most recent period of time for which experience is reported, but not for a period longer than three (3) full years. (7-1-93)
Experience period means the most recent period of time for which earned premiums and incurred losses are reported, but not for a period longer than three (3) full years.
Experience period means a time period of consecutive calendar years ending with the most recent full calendar year prior

Examples of Experience period in a sentence

  • Experience period should move forward by 6 months for a 3rd and 4th quarter or 4th quarter only filing.


More Definitions of Experience period

Experience period means the thirty-six (36) consecutive month period or, in the case of a new employer not previously subject to this act the twenty-four (24) consecutive month period, ending June 30 of the preceding year;
Experience period means the two or three years during which a water well drilling rig operator gained experience toward obtaining a water well drilling license.
Experience period means the number of years over which the adequacy of the rates presently in effect are tested.
Experience period means the most recent twelve- month period from which the carrier accumulates the data to support a filing.
Experience period means the 3 years immediately preceding the effective date of the policy.
Experience period means a period of time for which an insurer reports income and expense information on the insurer’s credit insurance business.
Experience period means the most recent twelve-month peri- od from which the carrier accumulates the data to support a filing.