equity rating

  • All insureds with same relevant risks should be charged commensurately. This concept tempered by practical considerations, e.g., companies can only use a limited number of classifications without undue expense.

    Internal Revenue Service 1

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­www.irs.gov/­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).