1711 Nationwide Mutual Insurance Company; Nationwide Insurance Company of America; private passenger automobile; rate revision?
Nationwide Mutual Insurance Company; Nationwide Insurance Company of America; Private Passenger Automobile; Rate Revision [41 Pa.B. 5271]
[Saturday, October 1, 2011]On September 19, 2011, the Insurance Department (Department) received from Nationwide Mutual Insurance Company and Nationwide Insurance Company of America a filing for a rate level change for Private Passenger Automobile insurance.
Nationwide Mutual Insurance Company requests an overall 1.9% increase amounting to $5,881,871 and Nationwide Insurance Company of America requests an overall 6.0% increase amounting to $7,978,196 to be effective on March 5, 2012, for renewal business only. These overall figures represent averages; the effect of this filing on the rates for individual consumers may vary.
Unless formal administrative action is taken prior to November 18, 2011, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Department's web site at www.insurance.pa.gov. To access the filing, under ''How to Find . . .'' click on ''View Current Rate Filings.''
Interested parties are invited to submit written comments, suggestions or objections to Eric Zhou, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, gzhou@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 11-1711. Filed for public inspection September 30, 2011, 9:00 a.m.]