Section 73.123. Loss ratio standards  


Latest version.
  • Unless revised loss ratio standards are adopted, the loss ratio standards for the coverages specified shall be as follows:

    Loss Ratio Standard
    Credit Life 55%
    Credit Life with TPD 55%
    Credit Accident and Health
    14-Day Retroactive 65%
    14-Day Nonretroactive 65%
    30-Day Retroactive 60%
    30-Day Nonretroactive 60%
    Credit Involuntary Unemployment
    30-Day Retroactive 60%
    30-Day Nonretroactive 60%
    Credit Voluntary Unemployment 60%

Notation

Cross References

This section cited in 31 Pa. Code § 73.106 (relating to life insurance rate standards); 31 Pa. Code § 73.109 (relating to A & H insurance rate standards); 31 Pa. Code § 73.112 (relating to involuntary unemployment insurance rate standards); 31 Pa. Code § 73.113 (relating to voluntary unemployment insurance rate standards); and 31 Pa. Code § 73.122 (relating to deviated rates).