Indiana Code 27-1-36-14. “Negative trend”
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Terms Used In Indiana Code 27-1-36-14
- insurer: includes :
Indiana Code 27-1-36-9.6
- negative trend: means , with respect to an insurer, a negative trend over a period of time, as determined in accordance with the trend test calculation included in the RBC instructions. See Indiana Code 27-1-36-14
- RBC: refers to risk based capital. See Indiana Code 27-1-36-16
Sec. 14. As used in this chapter, “negative trend” means, with respect to an insurer, a negative trend over a period of time, as determined in accordance with the trend test calculation included in the RBC instructions.
As added by P.L.186-1996, SEC.1. Amended by P.L.276-2013, SEC.23.