56-13-125 - Filing of rates. - Tennessee Statutes

56-13-125. Filing of rates.

(a)  The commissioner may require all captive insurance companies to file with the commissioner every manner of classification, rules and rates, every rating plan and every modification of the classifications, rules and rates and rating plans that it proposes to use.

(b)  The filings shall be approved by the commissioner unless found to be excessive, inadequate or unfairly discriminatory.

(c)  The filings shall be subject to chapters 5 and 6 of this title, as applicable.

[Acts 1978, ch. 616, § 26; T.C.A., § 56-4525.]