to use rerating in an insurance context
Farmers, however, used insurance scores to rerate existing auto and homeowner policies in 8,385 instances from January 2006 through mid-February 2009. In 13 percent of the cases, or 1,050 times, rerating increased premiums
http://kohd.com/news/local/153558 the rerating may result in an increase or decrease in the rate and may not be implemented by the insurer until the policy is renewed. This bill prohibits insurers from increasing a consumer's premium after rerating.
http://insurance.oregon.gov/legislature/2009_legislature/200...
