Rate and Rule Review and Approval Process - Louisiana ...

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• Louisiana does not accept “Me Too” rate filings. The rate filings must be based on the experience of the submitting company. However, a company can base its rates on rates that have been previously approved by the LDI for another company. With this filing, the company must supply all of the required exhibits and actuarial support relative to the affected program. 12
• Consent to Rate (CTR) filings must clearly demonstrate that the rate offered to a prospective/contracting insured is in excess of the company’s filed and approved rate. • Adoption of rates and rules of rating organizations must be filed with the LDI. All designation numbers must be provided in the adoption filing. 13
Page 1 and 2: Charles B. Hansberry, III, Esq., Di
Page 3 and 4: • Louisiana Revised Statutes (Pri
Page 5 and 6: Herv Dorsey - Workers’ Compensati
Page 7 and 8: • Louisiana is a modified prior a
Page 9 and 10: • Upon completion of the actuaria
Page 11: • If an examiner or a technician
Page 15 and 16: • Membership in Property Insuranc
Page 17 and 18: 17

Rate and Rule Review and Approval Process - Louisiana ...

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