Entities that do not share profits and
losses with private sector insurers.
(a) Treatment. A State residual
market insurance entity or a State workers'
compensation fund that does not share profits and
losses with a private sector insurer is deemed to
be a separate insurer under the Program.
(b) Premium calculation. A State
residual market insurance entity or a State
workers' compensation fund that is deemed to be a
separate insurer should follow the guidelines
specified in § 50.5(d)(1) or 50.5(d)(2) for the
purposes of calculating the appropriate measure of
direct earned premium.
[68 FR 59720, Oct. 17, 2003]
Title 31 published on 2012-07-01
no entries appear in the Federal Register after this date.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.