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 of specific assignment must be clearly mentioned).

  • Experience period of specific assignment must be clearly mentioned, also give client references, where appropriate).

  • Experience period premiums are date-of-service premiums from our actuarial experience databases for Small Group business in Pennsylvania.

  • Experience period premiums are date-of-service premiums from our actuarial experience databases for non-grandfathered Small Group business in District of Columbia.

  • Experience period premium, claims, and member months are obtained from the company’s internal data warehouse.


More Definitions of Experience period

Experience period means the most recent twelve- month period from which the carrier accumulates the data to support a filing.
Experience period means the most recent twelve (12)
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 a period of time for which an insurer reports income and expense information on the insurer’s credit insurance business.
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 period of time for which experience is reported. The experience period may not exceed three full years.