California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 4.10 - Rates for Credit Property Insurance and Credit Unemployment Insurance
Article 3 - Regulation of Rates
Section 2670.9 - Table
|
Table 1 |
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|
Credibility Table |
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| Earned | Reported | Credibility | ||
| Premium | Claim Count | Factor ("Z") | ||
| ___________________________ | ||||
| 1 | 1 | .00 | ||
| 56,000 | 17 | .25 | ||
| 81,000 | 24 | .30 | ||
| 111,000 | 33 | .35 | ||
| 145,000 | 43 | .40 | ||
| 183,000 | 55 | .45 | ||
| 226,000 | 68 | .50 | ||
| 273,000 | 82 | .55 | ||
| 325,000 | 98 | .60 | ||
| 382,000 | 114 | .65 | ||
| 443,000 | 133 | .70 | ||
| 508,000 | 152 | .75 | ||
| 578,000 | 173 | .80 | ||
| 653,000 | 196 | .85 | ||
| 732,000 | 220 | .90 | ||
| 815,000 | 245 | .95 | ||
| 903,000 | 271 | 1.00 | ||
| ___________________________ | ||||
The above integers represent the lower end of the bracket for each "Z" factor. The upper end is 1 less than the lower end for the next higher "Z" factor.
1. New section
filed 3-10-2003; operative 4-9-2003. Submitted to OAL for printing only pursuant to
Government Code section
11343.8 as a
regulation that establishes rates in accordance with Government Code section
11340.9(g)
(Register 2003, No. 11).
2. Change without regulatory effect withdrawing
and repealing section pursuant to settlement agreement in Consumer Credit Insurance
Association v. John Garamendi (California Superior Court No. 03CS00533) filed
5-27-2004 pursuant to section
100, title 1, California Code of
Regulations (Register 2004, No. 22).
3. New section filed 4-28-2006;
operative 5-28-2006. Submitted to OAL for printing only pursuant to Government Code
section
11343.8 as a
regulation that establishes rates in accordance with Government Code section
11340.9(g)
(Register 2006, No. 17).
Note: Authority cited: Sections 779.21, 779.36, 12921 and 12926, Insurance Code; Credit Insurance General Agents Association v. Payne, 16 Cal.3d 651 (1976); and 20th Century v. Garamendi, 8 Cal.4th 216 (1994). Reference: Sections 779.36, 1861.01 and 1861.05, Insurance Code.
