Table 1 | ||||
Credibility Table | ||||
Earned | Reported | Credibility | ||
Premium | Claim Count | Factor ("Z") | ||
___________________________ | ||||
1 | 1 | .00 | ||
56,000 | 17 | .25 | ||
81,000 | 24 | .30 | ||
111,000 | 33 | .35 | ||
145,000 | 43 | .40 | ||
183,000 | 55 | .45 | ||
226,000 | 68 | .50 | ||
273,000 | 82 | .55 | ||
325,000 | 98 | .60 | ||
382,000 | 114 | .65 | ||
443,000 | 133 | .70 | ||
508,000 | 152 | .75 | ||
578,000 | 173 | .80 | ||
653,000 | 196 | .85 | ||
732,000 | 220 | .90 | ||
815,000 | 245 | .95 | ||
903,000 | 271 | 1.00 | ||
___________________________ |
The above integers represent the lower end of the bracket for each "Z" factor. The upper end is 1 less than the lower end for the next higher "Z" factor.
Cal. Code Regs. Tit. 10, § 2670.9
2. Change without regulatory effect withdrawing and repealing section pursuant to settlement agreement in Consumer Credit Insurance Association v. John Garamendi (California Superior Court No. 03CS00533) filed 5-27-2004 pursuant to section 100, title 1, California Code of Regulations (Register 2004, No. 22).
3. New section filed 4-28-2006; operative 5-28-2006. Submitted to OAL for printing only pursuant to Government Code section 11343.8 as a regulation that establishes rates in accordance with Government Code section 11340.9(g) (Register 2006, No. 17).
Note: Authority cited: Sections 779.21, 779.36, 12921 and 12926, Insurance Code; Credit Insurance General Agents Association v. Payne, 16 Cal.3d 651 (1976); and 20th Century v. Garamendi, 8 Cal.4th 216 (1994). Reference: Sections 779.36, 1861.01 and 1861.05, Insurance Code.
2. Change without regulatory effect withdrawing and repealing section pursuant to settlement agreement inConsumer Credit Insurance Associationv.John Garamendi(California Superior Court No. 03CS00533) filed 5-27-2004 pursuant to section 100, title 1, California Code of Regulations (Register 2004, No. 22).
3. New section filed 4-28-2006; operative 5-28-2006. Submitted to OAL for printing only pursuant to Government Code section 11343.8 as a regulation that establishes rates in accordance with Government Code section 11340.9(g) (Register 2006, No. 17).