957 Pennsylvania Professional Liability Joint Underwriting; rate filing  

  • Pennsylvania Professional Liability Joint Underwriting; Rate Filing

    [33 Pa.B. 2445]

       On April 30, 2003, the Insurance Department received from the Pennsylvania Professional Liability Joint Underwriting Association (JUA) a filing to increase overall rates by 9.6% for noninstitutional health care providers by proposing to:

       *  Apply an overall base rate adjustment of 3.7% to noninstitutional health care providers.

       *  Move nine specialties from one class to another class and create two new classes in the process.

       *  Change the relativity for six classes.

       *  Change the relativity for four territories.

       The JUA is also seeking approval to apply an overall base rate adjustment of 9.6% to institutional health care providers.

       Unless formal administrative action is taken prior to June 29, 2003, the rates within the subject filing may be deemed into use upon the effective date, September 1, 2003, by operation of law.

       Copies of the filing are available for public inspection during normal working hours, by appointment, at the Insurance Department's regional offices in Harrisburg, Philadelphia, Pittsburgh and Erie.

       Interested parties are invited to submit written comments, suggestions or objections to Ken Creighton, ACAS, Insurance Department, Insurance Product Regulation and Market Enforcement, 1311 Strawberry Square, Harrisburg, PA 17120, kcreighton@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.

    M. DIANE KOKEN,   
    Insurance Commissioner

    [Pa.B. Doc. No. 03-957. Filed for public inspection May 16, 2003, 9:00 a.m.]

Document Information