Actuarial Notes

Exam DISC-RM Practice Question 18

Study guide: Exam DISC-RM

In a state that regulates personal auto rates under a file-and-use system, when may an insurer begin charging a new rate?

  • A) Only after the insurance commissioner approves it
  • B) As soon as the rate is filed with the commissioner
  • C) Only after the rate has been on file for a year without objection
  • D) At any time, because no filing is required

Answer this question and see the worked solution

Concepts tested

More questions from this set