Section 73.23. [Reserved]  


Latest version.

The provisions of this § 73.23 adopted October 1, 1971; amended May 9, 1975, effective May 10, 1975, 5 Pa.B. 1211; amended through October 26, 1979, effective September 15, 1979, 9 Pa.B. 3980; reserved March 20, 1998, effective June 19, 1998, 28 Pa.B. 1401. Immediately preceding text appears at serial pages (240447) to (240449).

Notation

Notes of Decisions

Experience Period

In upholding the disapproval of a proposed schedule of premium rates for having been calculated contrary to this section, the court held the Department’s interpretation of the term ‘‘experience period’’ as the most recent year or years in which sufficient premium volume is produced to be neither plainly erroneous nor inconsistent with either the Model Act or the regulation at 31 Pa. Code § 73.21. Consumers Life Insurance Co. v. Insurance Department, 483 A.2d 1055 (Pa. Cmwlth. 1984).