GroundRules
14VAC5-345-60: Certification
Where this section sits in the code
- Title 14. Insurance
- Agency 5. State Corporation Commission, Bureau of Insurance
- Chapter 345. Rules Governing Rate Stabilization in Property and Casualty Insurance
A. In any filing proposing a rate stabilization plan, the insurer shall complete, certify, and include the Rate Stabilization Plan Certification (Form 345-A).
B. In any rate filing made subsequent to the implementation of a rate stabilization plan where historical premiums have been capped (whether increases or decreases), the insurer's actuary shall provide a signed statement certifying that the actuarial indication does not redundantly measure rate need.
Collected 2026-09-14T04:52:00Z. Source file · JSON