NAC687B.620. Multiple line packages.  


Latest version.
  •      1. A multiple line package is an integrated policy which includes two or more of the following kinds of insurance:

         (a) Fire and allied lines.

         (b) Casualty.

         (c) Surety.

         (d) Inland marine.

         2. Each multiple line package must be considered as a separate and complete insurance instrument, and must be so treated in all matters involving rating techniques, filing procedures, statistical reporting and statutory proceedings.

         3. Any licensed rating organization which files a specific multiple line package assumes full responsibility for its filing.

     [Comm’r of Insurance, PC-11, eff. 9-23-72]—(Substituted in revision for NAC 687B.410)