Rating manual definition
Rating manual means any of the following used to determine initial and renewal policy premiums:
Rating manual means the rates, schedule of rates, rating plans, rating classifications, territories, rating rules, and any other information which the company uses to determine the final dollar charge for insurance coverage.
Rating manual means any of the following used to determine initial and 1145 renewal policy premiums: 1146 (a) a manual of rates; 1147 (b) a classification; 1148 (c) a rate-related underwriting rule; and 1149 (d) a rating formula that describes steps, policies, and procedures for determining 1150 initial and renewal policy premiums. 1151 (146) (a) "Rebate" means a licensee paying, allowing, giving, or offering to pay, allow, 1152 or give, directly or indirectly: 1153 (i) a refund of premium or portion of premium; 1154 (ii) a refund of commission or portion of commission; 1155 (iii) a refund of all or a portion of a consultant fee; or 1156 (iv) providing services or other benefits not specified in an insurance or annuity 1157 contract. 1158 (b) "Rebate" does not include: 1159 (i) a refund due to termination or changes in coverage; 1160 (ii) a refund due to overcharges made in error by the licensee; or 1161 (iii) savings or wellness benefits as provided in the contract by the licensee. 1162 (147) "Received by the department" means: 1163 (a) the date delivered to and stamped received by the department, if delivered in 1164 person; 1165 (b) the post mark date, if delivered by mail; 1166 (c) the delivery service's post mark or pickup date, if delivered by a delivery service; 1167 (d) the received date recorded on an item delivered, if delivered by: 1168 (i) facsimile; 1169 (ii) email; or 1170 (iii) another electronic method; or 1171 (e) a date specified in: 1172 (i) a statute; 1173 (ii) a rule; or 1174 (iii) an order.
Examples of Rating manual in a sentence
The required insurance must be written by a company licensed to do business in Texas at the time the policy is issued, and rated no less than B in the most current edition of Best’s Rating Manual at all times during the term of this Agreement.
More Definitions of Rating manual
Rating manual means a publication or schedule that lists rules, classifications, territory codes and descriptions, rates, premiums, and other similar information used by an insurer to determine the applicable premium charged an insured.
Rating manual means the rates, schedules of rates, classification rules, rating rules, minimum premiums, minimum premium rules, policy fees or rules and any other information which the insurer uses to determine the final dollar charge for medical professional liability insurance coverage.
Rating manual means any of the following used to determine initial and
Rating manual means a publication or schedule that lists rules, classifications, territory codes and descriptions, rates, premiums, and other similar information used by an insurer to determine the applicable premium charged an insured for personal automobile insurance or residential property insurance.
Rating manual means any of the following used to determine initial and 1021 renewal policy premiums: 1022 (a) a manual of rates; 1023 (b) a classification; 1024 (c) a rate-related underwriting rule; and 1025 (d) a rating formula that describes steps, policies, and procedures for determining 1026 initial and renewal policy premiums. 1027 [(141)] (143) "Received by the department" means: 1028 (a) the date delivered to and stamped received by the department, if delivered in 1029 person; 1030 (b) the post mark date, if delivered by mail; 1031 (c) the delivery service's post mark or pickup date, if delivered by a delivery service; 1032 (d) the received date recorded on an item delivered, if delivered by: 1033 (i) facsimile; 1034 (ii) email; or 1035 (iii) another electronic method; or 1036 (e) a date specified in: 1037 (i) a statute; 1038 (ii) a rule; or 1039 (iii) an order. 1040 [(142)] (144) "Reciprocal" or "interinsurance exchange" means an unincorporated 1041 association of persons: 1042 (a) operating through an attorney-in-fact common to all of the persons; and 1043 (b) exchanging insurance contracts with one another that provide insurance coverage 1044 on each other. 1045 [(143)] (145) "Reinsurance" means an insurance transaction where an insurer, for 1046 consideration, transfers any portion of the risk it has assumed to another insurer. In referring to 1047 reinsurance transactions, this title sometimes refers to: 1048 (a) the insurer transferring the risk as the "ceding insurer"; and 1049 (b) the insurer assuming the risk as the: 1050 (i) "assuming insurer"; or
Rating manual means any manual of rules and rating procedures applicable to any insurance coverage subject to G.L. c. 175E. A Rating Manual shall not include final rates for any Classification Plan or coverage, but may include rules for the calculation of Premiums from information outside the manual.
Rating manual means a publication or schedule