INSURANCE DEPARTMENT Erie Insurance Exchange; Private Passenger Automobile; Rate and Rule Revisions; Rate Filing [38 Pa.B. 5821]
[Saturday, October 18, 2008]On September 24, 2008, the Insurance Department (Department) received from Erie Insurance Exchange a filing for rate level changes for private passenger automobile insurance. The company is proposing the addition of a Youthful Driver Longevity Discount and several other changes to existing rules.
The company requests an overall rate decrease of 1.40% amonting to $11.9 million annually to be effective on December 1, 2008.
Unless formal administrative action is taken prior to November 23, 2008, 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.ins.state.pa.us. To access the filing, under ''Quick Links'' click on ''Rate Filings Published in the PA Bulletin.''
Interested parties are invited to submit written comments, suggestions or objections to Eric Zhou, Insurance Department, Insurance Product Regulation and Market Enforcement, 1311 Strawberry Square, Harrisburg, PA 17120, e-mail at gzhou@state.pa.us within 15 days after publication of this notice in the Pennsylvania Bulletin.
JOEL SCOTT ARIO,
Insurance Commissioner[Pa.B. Doc. No. 08-1911. Filed for public inspection October 17, 2008, 9:00 a.m.]
