The Rule 29 Credit Edit System ensures that companies are correctly reporting classification and merit rating data for youthful drivers. The system selects voluntary liability records with inexperienced operator classification codes and policy effective dates falling within the rolling 12 months utilized by the quota share process. In order to verify this data, the policy number is used to match the class code and merit rating value reported on the detail statistical record to similar data provided by the Merit Rating Board/Registry. Please contact Data Operations with any inquiries.
Class Code Verification
Class Code Error Listing This report displays the error records that have failed the classification code match performed in the Rule 29 Credit Edit
Class Code Monthly Error Summary This report displays Reported Credit Premium, Adjusted Credit Premium, the Rule 29 Credit Impact and the Error Percentage for the selected company for each policy effective month contained in the rolling 12 month period. Industry info is provided as well.
Rule 29 Credit Edit PackageThis package describes the editing process involved in verifying Rule 12 credit records as well as correction options for errors identified by the system.
Merit Rating Verification
Merit Rating Error Listing This report displays the error records that have failed the merit rating match performed in the Rule 29 Credit Edit
RMV Data
RMV Policy Inquiry This report displays RMV data provided by the Merit Rating Board for youthful drivers on a specific Policy Id and Effective Year