Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 780 - ACTUARIAL OPINION AND MEMORANDUM
Section 031-780-2 - Purpose
Universal Citation: 02 ME Code Rules ยง 031-780-2
Current through 2024-13, March 27, 2024
The purpose of this rule is to prescribe:
A. Requirements for statements of actuarial opinion that are to be submitted in accordance with Title 24-A M.R.S.A. Section952-A, and for memoranda in support thereof,
B. Rules applicable to the appointment of an appointed actuary; and
C. Guidance as to the meaning of "adequacy of reserves."
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