| 8.__Maintenance of records.__A small group carrier shall |
maintain at its principal place of business a complete and |
detailed description of its rating practices and renewal |
underwriting practices, including information and documentation |
that demonstrate that its rating methods and practices are based |
upon commonly accepted actuarial assumptions and are in |
accordance with sound actuarial principles. On or before March |
1st annually, a carrier shall file with the superintendent an |
actuarial certification that the carrier is in compliance with |
this section and that the rating methods of the carrier are |
actuarially sound. A copy of the certification must be retained |
by the carrier at its principal place of business. A carrier |
shall also make the information and documentation required in |
this subsection available to the superintendent upon request.__ |
The information provided to the superintendent pursuant to this |
subsection is proprietary and must be kept confidential by the |
superintendent. The information may not be disclosed except as |
agreed to by the carrier or as ordered by a court of competent |
jurisdiction. |