Code of Massachusetts Regulations › 211 CMR - DIVISION OF INSURANCE › Title 211 CMR 91.00 - Motor Vehicle Insurance Rates › Section 91.02 - Definitions

Current through Register 1525, July 5, 2024
As used in
				211
				CMR 91.00:
(1)
Advisory Filing
means a filingofrates, ratingfactors or relativities, Classification Plans, or
			 Rating Manuals, together with supporting information, including a filing
			 prepared by a Rating Organization pursuant to M.G.L. c. 175E, § 6(a)(2).
			 An Advisory Filing shall be deemed not to constitute a Rate Filing under M.G.L.
			 c. 175E, § 7.
(2)
Classification Plan
means any plan, definition or rule
			 for the classification of risks, including without limitation classification by
			 territory, driver or vehicle characteristics or use, and experience rating or
			 merit rating plans.
(3)
Commissioner
means the Commissioner ofInsurance,
			 appointed pursuant to M.G.L. c. 26, § 6.
(4)
Division
means
			 the Division of Insurance within the Department of Banking and
			 Insurance.
(5)
External
			 Loss, Expense and Other Factors
mean loss, expense and other
			 factors from any source other than the experience of the Insurer or Insurance
			 Company Group for which a Rate Filing is made.
(6)
Insurance Company
			 Group
means two or more Insurers which share common management or
			 operations.
(7)
Insurer
means any corporation, association,
			 partnership, group or individual authorized to write Motor Vehicle Insurance in
			 the Commonwealth.
(8)
Motor Vehicle Insurance
means insurance provided in
			 motor vehicle policies or bonds, as defined in M.G.L. c. 90, §§ 34A
			 and 340, or in M.G.L. c. 175, §§ 113A, 113C, 113L and 113O, or any
			 other coverage offered in connection therewith, other than private passenger
			 coverages.
(9)
Oral
			 Statement
means a statement of position made during a hearing,
			 with the permission of the Presiding Officer, by any person who is not a
			 Party.
(10)
Party
means any person, agency or organization which
			 has been granted permission or exercised a statutory right to appear and
			 present testimony at a hearing.
(11)
Presiding
			 Officer
means any person designated by the Commissioner to conduct
			 hearings and related proceedings and to render findings, rules and decisions.
			 If, at anystage ofthe proceedings, a Presiding Officer has not been designated,
			 the Commissioner shall be the Presiding Officer.
(12)
Rate Filing
means a filing of rates, rating factors or relativities, Classification Plans,
			 or Rating Manuals, together with supporting information, prepared by an
			 Insurer, Insurance Company Group or Rating Organization and filed in accordance
			 with M.G.L. c. 175E, § 7.
(13)
Rating Manua
l means any manual of rules and rating
			 procedures applicable to any insurance coverage subject to M.G.L. c. 175E. A
			 rating manual shall not include final rates for any classification or coverage,
			 but may include rules for the calculation of rates from information outside the
			 manual.
(14)
Rating
			 Organization
means a rating organization duly licensed under
			 M.G.L. c. 175A.
(15)
Statistical Information
means loss and expense
			 experience, including, but not limited to, data filed in accordance with
			 statistical plans or reporting requirements approved or promulgated by the
			 Commissioner and any compilation or display of such data. For purposes of
			 M.G.L. c. 175E, § 6(a)(2), statistical information includes, but is not
			 limited to, premiums, exposures, loss pure premiums, development factors,
			 average claim cost and frequency trend factors, claim adjustment expense
			 factors, company and commission expense pure premiums, expense trend factors,
			 and miscellaneous rate level factors, including, but not limited to, increased
			 limits, deductible and minor coverage factors, and territorial, class and
			 age/symbol relativities.
(16)
Statutory Intervenor
means any person, agency or
			 organization which has a statutory right to appear as a Party in any hearing
			 conducted pursuant to
			 211
			 CMR 91.00.