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Report on Self Insurance Groups - page 7 / 40

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Report on Self Insurance Groups

Prohibit false or misleading statements disclosures in marketing materials. Adopt of marketing materials.

in

marketing

materials.

Require

specified

a procedure to enforce regulations of content

Establish appointed

contractual arrangements with persons or organizations that can be swiftly by the Director to act as group administrators, TPAs, auditors, accountants, and

actuaries in the event the need arises. Continue long-term discussions of whether

requirements

of

capital

and

surplus

should

supplement or replace the requirement of reserving to means of cushioning against adverse loss development.

the

80%

confidence

level

as

a

5

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