| (a) When reviewing each filing under this division,
TDI may request additional supplementary rating information and supporting
information.
(b) To be considered fully responsive to a request
for information, an insurer's responses must:
(1) fully address all of the requests and questions
in a manner that is clear and in sufficient detail to allow a qualified
actuary to understand and evaluate the material and any explanations
provided;
(2) contain appropriate supporting data and calculations,
including material assumptions, with sufficient narrative to clearly
explain the methodology used, the nature and source of the data, and
any conclusions drawn; and
(3) provide an explanation of any apparent anomalies
in the data and how the insurer mitigated or accounted for them in
arriving at the proposed rates and rules.
(c) TDI may request that an insurer file a comprehensive
set of rates, rating manuals, rules, fees, and all other supplementary
rating information when filing a revision to previously filed rates,
rating manuals, rules, fees, and all other supplementary rating information.
(d) For each filing under Insurance Code Chapter 2251,
TDI may request additional supplementary rating information and supporting
information five times each. The insurer must respond by the date
specified in the request. Correspondence requesting information that
should have been included in the response, or clarifications of the
information included in the response, will not constitute a new request
for information.
(e) Requests that are necessary to make the filing
complete are not a request for information under subsection (d) of
this section. Examples of this type of request include:
(1) requests for information required by §5.9310
of this title (relating to Property and Casualty Transmittal Information
and General Filing Requirements);
(2) requests for information required by §5.9334
of this title (relating to Requirements for Rate and Rule Filing Submissions);
and
(3) requests arising from discrepancies in the filing.
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