Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-01 - Insurance Division
Chapter 0780-01-21 - Including Investment Income in Rate Filings
Section 0780-01-21-.03 - DETERMINATION OF INVESTMENT INCOME ALLOCATED TO A RATE FILING
Universal Citation: TN Comp Rules and Regs 0780-01-21-.03
Current through September 24, 2024
The amount of investment income allocated to a rate filing shall be determined by multiplying the rate of investment income as determined herein above by the sum of (1) the loss and loss adjustment reserves involved in the filing, and (2) the unearned premiums reduced by the allowances for acquisition costs, general expense, and taxes in the formula for the premiums which generated the reserve.
Authority: T.C.A. §§56-5-305 and 56-5-306.
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