Premium Surcharge Rate definition

Premium Surcharge Rate means a factor established by the Custodian of the Fund, which shall be applied to an Insured Employer’s workers’ compensation policy Standard Premium to determine its Premium Surcharge. The term “Premium Surcharge Rate” includes any such factor established pursuant to subdivision 2 of subsection (b) of section 31-349g-5 of the regulations of Connecticut State Agencies.

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