Section 11-319 - Use of territory as a rate determining factor.

§ 11-319. Use of territory as a rate determining factor.
 

An insurer that uses territory as a factor in establishing automobile insurance rates shall submit a statement to the Commissioner certifying that: 

(1) the territories used by the insurer have been reviewed within the previous 3 years; and 

(2) use of the territories is actuarially justified. 
 

[2006, ch. 410.]