11 N.C. Admin. Code 16.0501

Current through Register Vol. 39, No. 12, December 1, 2024

Section 16 .0501 - MINIMUM INCURRED LOSS RATIO

The premium rates charged for credit unemployment insurance shall be reasonable in relation to the benefits provided as indicated by a minimum annual incurred loss ratio of 60%.

11 N.C. Admin. Code 16 .0501

Authority G.S. 58-2-40; 58-57-110(a);
Eff. January 1, 1994;
Amended Eff. November 11, 2011;
Readopted Eff. October 1, 2018.

Authority G.S. 58-2-40; 58-57-110(a);
Eff. January 1, 1994;
Amended Eff. November 1, 2011.

Readopted by North Carolina Register Volume 33, Issue 09, November 1, 2018 effective 10/1/2018.