2014 New Hampshire Revised Statutes
Title XXXVII - INSURANCE
Chapter 407-B - GROUP MARKETING OF MOTOR VEHICLE INSURANCE
Section 407-B:6 - Experience Rating.

NH Rev Stat § 407-B:6 (2014) What's This?

    407-B:6 Experience Rating. – No experience rating shall be applied to an individual group until after 3 years of operation and at that time shall be based on the experience of the preceding 3 calendar years. Thereafter, any experience rating shall be made annually using the last 3 calendar years. In case of merger of 2 or more companies, the 3-year minimum will apply to the oldest company in the newly-formed entity, not the new entity formed by the merger itself.

Source. 1969, 288:1, eff. Aug. 25, 1969.


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