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Home Q & A Board Other Fields Homework Help Business Insurance
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AzJose AzJose
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6 years ago
Under one type of rating law, insurers are free to change rates and to use modified rates immediately. However, the new rate must be filed with regulators within a specified period, such as 60 days after the modified rate is employed. This type of rating law is called
A) prior approval.
B) file-and-use.
C) use-and-file.
D) flex rating.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
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ownzore3ownzore3
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6 years ago
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You make an excellent tutor!
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