...combination thereof for which subdivision or combination separate expense provisions are applicable. (4) Risks may be grouped by classifications for the...variations in hazards or expense provisions, or both. The standards may measure any difference among risks that can be demonstrated objecticcly to have a...

...and to all other relevant factors. (2) CLASSIFICATION. Risks may be classified in any reasonable way for the establishment of rates and minimum premiums....provisions, or both. Such standards may measure any differences among risks that can be demonstrated to have a probable effect upon losses or expenses....

...combination thereof for which subdivision or combinations separate expense provision are applicable. (c) Risks may be grouped by classifications for the establishment...Classification rates may be modified to produce rates for indivdual risks in accordance with the rating plans which establish standards for measuring variations...

...provides wide latitude for companies to structure classification plans. Section 2403 (1)(c) states: "(c) Risks may be grouped by classifications for the establishment...premiums. Classification rates may be modified to produce plans for individual risks in accordance with rating plans which measure variations in hazards or expense...

...provides wide latitude for companies to structure classification plans. Section 2403 (1)(c) states: "(c) Risks may be grouped by classifications for the establishment...premiums. Classification rates may be modified to produce plans for individual risks in accordance with rating plans which measure variations in hazards or expense...

...Commonwealth and, further, that "risks may be grouped by classification for the establishment of rates. Classification rates may be modified to produce rates...which establish standards for measuring variations of hazards or expense provisions or both. Such standards may measure any difference among risks that...

...combination thereof for which subdivision or combination separate expense provisions are applicable. (c) Risks may be grouped by classifications for the establishment...premiums. Classification rates may be modified to producc rates for individual risks in accordance with rating plans which measure variations in ha/ards•...

...Risks may be .groiqx-d by c!a»sificatir*M for the establishment .if rates and minimum premiu:::>. Classification rates may be modified to produce rates for Individual risks in actor dance with rating pUa» which measure variations in hazards, expense provisions, or both. The...

...this time. Ill. Rev. Stat. ch. 73, § 1065-18-4(d) sets forth standards to be used in setting rates: Risks may be grouped by classifications for the establishment of rates and minimum premium. . . . Such classifications ... of risks may be established based upon size, expense, management,...

...SCHEDULE RATING As mentioned above, Section 1852(d) permits the modification of classification rates to produce rates for individual risks in accordance...measuring variations in hazards or expense provisions. These standards may not be based upon any factor or element already considered in the application of~a...