{"data":{"id":"us-md/md.-code-insurance-18-115","jurisdiction":"us-md","citation":"Md. Code, Insurance § 18–115","heading":"","body":"In evaluating the expected and actual loss ratios, the Commissioner shall consider:\n(1) the statistical credibility of incurred claims experience and earned premiums;\n(2) the period for which rates are computed to provide coverage;\n(3) experienced and projected trends;\n(4) the concentration of experience within early policy duration;\n(5) expected claim fluctuation;\n(6) experienced refunds, adjustments, or dividends;\n(7) renewability features;\n(8) all appropriate expense factors;\n(9) interest;\n(10) the experimental nature of the coverage;\n(11) policy reserves;\n(12) the mix of business by risk classification; and\n(13) product features, including long elimination periods, high deductibles, and high maximum limits.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=18-115","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"ca9be745ea8b96cb7703f35dc0e850feebef3ec67c0a590751021a382c58dd91","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-18-114","next":"us-md/md.-code-insurance-18-116"},"notice":"GroundRules: Original legal text. Not legal advice."}