Requiring that experience-rated group disability income insurers include all applicable rating factors and credibility formulas in rate manual filings with the insurance commissioner.

This bill requires insurance companies that offer group disability income insurance to include all their rating factors and formulas in filings with the state's insurance commissioner. This change aims to ensure that the commissioner can verify how premium rates are calculated for these types of insurance policies. The bill affects insurers and policyholders of experience-rated group disability income insurance in the state.

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