Authorizing a workers' compensation insurer to develop a tiered rating plan that establishes discrete tiers based on risk attributes that are not arbitrary, capricious, or unfairly discriminatory and are reasonably related to the insurer's business and economic purposes; requiring a workers' compensation insurer to submit a tiered rating plan to the Insurance Commissioner at least 30 days in advance of the plan's use; authorizing a workers' compensation insurer to use a specified merit rating plan under specified circumstances; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2017
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Last Updated: 2/3/2020 2:32 PM