Legislation
SECTION 2332
Non-commercial private passenger automobile insurance rates; experienced and inexperienced principal operators
Insurance (ISC) CHAPTER 28, ARTICLE 23
§ 2332. Non-commercial private passenger automobile insurance rates;
experienced and inexperienced principal operators. With respect to
non-commercial private passenger automobiles, no filing of a rate,
rating plan, rating rule or rate manual applicable to motor vehicle
collision insurance, the insurance provided for in section five thousand
one hundred three of this chapter, bodily injury liability insurance or
property damage liability insurance shall be approved by the
superintendent unless, in accordance with a regulation issued after a
public hearing, the filing reflects an appropriate rate differential
between an experienced and inexperienced principal operator.
experienced and inexperienced principal operators. With respect to
non-commercial private passenger automobiles, no filing of a rate,
rating plan, rating rule or rate manual applicable to motor vehicle
collision insurance, the insurance provided for in section five thousand
one hundred three of this chapter, bodily injury liability insurance or
property damage liability insurance shall be approved by the
superintendent unless, in accordance with a regulation issued after a
public hearing, the filing reflects an appropriate rate differential
between an experienced and inexperienced principal operator.