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HB 505, 52nd R.S.
Relating to authorizing the Board of Insurance Commissioners to make, approve or promulgate premium rating plans designed to encourage the prevention of accidents which may be on an optional basis to apply prospectively or retrospectively and may include premium discount plans, retrospective rating plans or other premium rating plans, systems or formulas for Motor Vehicle, Workmen's Compensation and other liens of Casualty Insurance applicable separately to each class of insurance of in combination of two or more of such classes, which will properly take into account and give effect to the experience of individual risks, interstate as well as intrastate.

Author: Floyd Francis Bradshaw
Coauthor: William Agnew "Bill" Swindell | George Jefferson "Jeff" Woodruff, II | Andrew J. "Andy" Rogers | Byron R. Tinsley | Claude H. McCorkle | Newton W. McCann | James T. Rutherford

Subjects:
INSURANCE COMMISSIONERS, BOARD OF
INSURANCE RATES
Insurance--Motor Vehicles
Insurance--Property & Casualty
Labor--Workers' Compensation


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