NU Online News Service, Dec. 29, 3:01 p.m. EST
The American Association of Insurance Services (AAIS) has developed a countrywide filing of a new earthquake rating plan under its homeowners program.
The AAIS said the plan provides state-specific loss cost base amounts and rating factors that vary by zone to reflect a risk's location and type of construction, as well as the policy form, deductible, and amount of insurance.
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