HRS §431:10H-110
Rules for long-term care insurance loss ratios
The insurance commissioner can make rules about loss ratio standards for long-term care insurance policies, but only if the rule specifically mentions these policies. This section gives the commissioner that authority.
The statute, as written — Loss ratio standards; factors; commissioner approval
The commissioner may adopt rules establishing loss ratio standards for long-term care insurance policies; provided that a specific reference to long-term care insurance policies is contained in the rule.
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