Statute · California Insurance Code
Cal. Ins. Code § 11751.9 — Rating and Other Organizations
Cal. Ins. Code § 11751.9
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1998-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Whenever a claim or claims used in an experience rating are closed and reported pursuant to the unit statistical plan approved by the commissioner and are valued, in the aggregate, at an amount that is less than 60 percent of the highest reported aggregate value of all of these claims, then the…
Citator
Cal. Ins. Code § 11751.9 — Rating and Other Organizations is in force in the current edition of the Code, and nothing recorded condemns it.
Whenever a claim or claims used in an experience rating are closed and reported pursuant to the unit statistical plan approved by the commissioner and are valued, in the aggregate, at an amount that is less than 60 percent of the highest reported aggregate value of all of these claims, then the experience rating shall be revised pursuant to the uniform experience rating plan approved by the commissioner based on the most current reported values for all claims used in the experience rating.