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Florida Administrative WeeklyVolume 27, Number 42, October 19, 2001Section I Notice of Development of Proposed Rules and Negotiated Rule making DEPARTMENT OF INSURANCE RULE TITLES: RULE NOS.: Rate
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Who needs rate filing procedures?
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Rate filing procedures may be needed by:
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- Insurance companies or providers
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- Utility companies
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- Government agencies
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- Businesses operating in regulated industries
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- Organizations seeking to set rates for their products or services
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What is rate filing procedures?
Rate filing procedures are the process by which insurance companies submit their proposed rates and forms to regulatory authorities for approval before they can be used.
Who is required to file rate filing procedures?
Insurance companies are required to file rate filing procedures with regulatory authorities.
How to fill out rate filing procedures?
Rate filing procedures are typically filled out electronically through a designated portal provided by the regulatory authorities.
What is the purpose of rate filing procedures?
The purpose of rate filing procedures is to ensure that insurance companies are not charging excessive rates and that the rates are fair and equitable.
What information must be reported on rate filing procedures?
Rate filing procedures typically require information on the proposed rates, the actuarial justification for the rates, and the impact on policyholders.
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