Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 15.00 - Reporting of Statistical Data by Property and Casualty Insurance Companies
Section 15.02 - Definitions

Advisory Organization. An organization that meets the criteria and has complied with the filing requirements under 211 CMR 15.00 and M.G.L. c. 174A, § 12 or c. 175A, § 12.

Annual Statistical Compilation. An annual Statistical Report that contains historic statistical information for risk classifications within a line of insurance summarized for all insurers that report to a Statistical Agent as specified by the Commissioner. The Annual Statistical Compilation shall be submitted to the Commissioner in a format agreed to by the Statistical Agent and the Commissioner.

Commissioner. The Commissioner of Insurance appointed pursuant to M.G.L. c. 26, § 6, or his or her designee.

Insurer. Any corporation, association, partnership, group or individual authorized to provide insurance subject to M.G.L. c. 174A, § 4 or c. 175A, § 4 except for motor vehicle insurance.

Statistical Agent. An organization that has been authorized by the Commissioner to collect insurance loss, expense, and exposure data from Insurers in accordance with the organization's approved Statistical Plans. Statistical Agents shall provide Statistical Reports or Annual Statistical Compilations developed from this data at least annually to the Commissioner in compliance with M.G.L. c. 174A, § 15(a) or c. 175A, § 15(a).

Statistical Plan. A system for collecting data from reporting Insurers, including exposure, coverage, classification, territory, premium, loss and other data that has been approved or promulgated by the Commissioner.

Statistical Report. A report created by a Statistical Agent that aggregates the data of all of its reporting Insurers at a level of detail and in a format agreed to by the Statistical Agent and the Commissioner.