State laws that permit the use of new rates by an insurance company without first obtaining the approval of that state’s insurance department.
Tag: RAW
File and use rating laws (Legal Terminology)
State laws that allow insurers to assume new rates without having to seek insurance department approval.
Filing
In insurance, to submit a proposed policy form to get it approved by the insurance department of the jurisdiction where it will be issued.
Filing claims
See: claim .
Film finance insurance
Indemnifies the insured if, at the end of a specified period, the finance he has provided exceeds the revenue collected from the production and sale of the various films known collectively as a ‘slate. The sum insured represents the entire cost of producing a slate of films, i.e. a given number, and the premium is a percentage thereof.
Film producers’ indemnities
Contingency insurance against pecuniary loss due to the interruption or abandonment of film through the death or incapacity of named actors or actresses.