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Dave Jones, Insurance CommissionerSTATE OF CALIFORNIADEPARTMENT OF INSURANCE Legal Division 45 Fremont Street, 24th Floor San Francisco CA 94105California Annual Aggregate Rate Data Report Form Version
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How to fill out draft california aggregate rate

01
Start by gathering all the relevant data and information needed to calculate the California aggregate rate, such as the total number of insured lives, the total amount of premiums earned in California, and any other additional data required by the California Department of Insurance.
02
Calculate the aggregate rate by dividing the total amount of premiums earned in California by the total number of insured lives.
03
Fill out the draft California aggregate rate form by entering the calculated aggregate rate and any other requested information, such as the effective date of the rate.
04
Review the completed form for accuracy and make any necessary adjustments.
05
Submit the draft California aggregate rate form to the appropriate authority or regulatory body, as specified by the California Department of Insurance.
06
Keep a copy of the submitted form for your records.

Who needs draft california aggregate rate?

01
Insurance companies operating in California who offer policies with aggregate rate structures need to fill out draft California aggregate rate forms.
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The draft California aggregate rate is a form used by insurance companies to submit their proposed rates for approval by the California Department of Insurance.
Insurance companies operating in California are required to file the draft California aggregate rate.
Insurance companies can fill out the draft California aggregate rate form online through the California Department of Insurance website.
The purpose of the draft California aggregate rate is to ensure that insurance rates in California are fair and in compliance with state regulations.
The draft California aggregate rate requires information on the proposed rates for different insurance products and the actuarial justification for those rates.
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