624 Philadelphia Contributionship Insurance Company; Germantown Insurance Company; homeowners; rate and rule revisions?
INSURANCE DEPARTMENT Philadelphia Contributionship Insurance Company; Germantown Insurance Company; Homeowners; Rate and Rule Revisions [42 Pa.B. 1936]
[Saturday, April 7, 2012]On March 16, 2012, the Insurance Department (Department) received from Philadelphia Contributionship Insurance Company and Germantown Insurance Company a filing for rate level changes for homeowners insurance.
The companies request an overall 3.9% increase to be effective June 7, 2012, for new business and July 22, 2012, for renewal business. This overall figure represents an average; the effect of this filing on the rates for individual consumers may vary.
Unless formal administrative action is taken prior to April 15, 2012, 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. Under the tab ''How to Find . . .'' click on ''PA Bulletin.''
Interested parties are invited to submit written comments, suggestions or objections to Mike McKenney, Insurance Department, Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, mmckenney@pa.gov within 30 days after publication of this notice in the Pennsylvania Bulletin.
MICHAEL F. CONSEDINE,
Insurance Commissioner[Pa.B. Doc. No. 12-624. Filed for public inspection April 6, 2012, 9:00 a.m.]
