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Attachment A Section 238 Underwriting Rules Filing Guidelines Issued with Ontario Insurance Commission Bulletin No. A7/97, Property & Casualty Auto July 11, 1997, Section 238 Underwriting Rules Filing
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Section 238 underwriting rules refer to the rules and regulations set forth by a regulatory body for the assessment and approval of underwriting practices in a specific industry.
Companies and organizations that engage in underwriting activities within the specified industry are required to file section 238 underwriting rules.
To fill out section 238 underwriting rules, companies need to gather and provide information related to their underwriting practices as per the guidelines provided by the regulatory body.
The purpose of section 238 underwriting rules is to ensure that underwriting practices within a specific industry comply with the regulatory standards and safeguard the interests of the stakeholders involved.
The specific information that must be reported on section 238 underwriting rules may vary depending on the industry and regulatory requirements. Generally, it includes details about the underwriting process, risk assessment methodologies, pricing strategies, and compliance measures.
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