337 The Prudential Insurance Company of America; rate increase filing for several LTC policy forms; rate filing

The Prudential Insurance Company of America; Rate Increase Filing for Several LTC Policy Forms; Rate Filing

[39 Pa.B. 1075]
[Saturday, February 21, 2009]

   Prudential is requesting approval to increase the premium on 3,401 Long-Term Care policy forms issued in this Commonwealth. The company is requesting an increase on the following forms: GRP 98720, GRP 98721 and GRP 98722. Prudential is requesting a rate increase of 28% for policies with the optional cash benefit rider while the company is requesting a smaller 18% increase on policies without the optional cash benefit rider.

   Unless formal administrative action is taken prior to May 7, 2009, the subject filing may be deemed approved by operation of law.

   A copy of the filing is available on the Insurance Department's web site at www.ins.state.pa.us. Scroll down the home page and click on ''Consumer Information'' located on the left side. Next scroll down to ''General Information,'' located in the middle of the page, and click on ''Notices.'' The pdf copy of this filing is located at the link ''Filing.pdf'' following the name of the filing.

   Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, [e-mail], within 30 days after publication of this notice in the Pennsylvania Bulletin.

JOEL SCOTT ARIO,   
Insurance Commissioner

[Pa.B. Doc. No. 09-337. Filed for public inspection February 20, 2009, 9:00 a.m.]