930 Stonebridge Life Insurance Company; 35% rate increase filing for LTC forms D425, D428, D430 and the associated riders; rate filing; ID no. A78994001
Stonebridge Life Insurance Company; 35% Rate Increase Filing for LTC Forms D425, D428, D430 and the Associated Riders; Rate Filing; ID No. A78994001 [34 Pa.B. 2763] The Insurance Department (Department) has received and conducted a preliminary review of the previously captioned filing. To properly review the filing, the Department is requesting the following information. To facilitate a timely review, the Department requests this information be provided within 14 days of the date of this notice. Individuals with questions or difficulties in providing the data within this time frame should call (717) 783-2117.
The initial 30-day comment period is scheduled to end on June 21, 2004. Statutorily, the Department must either approve or disapprove this filing within 45 days after the end of the public comment period.
Furnish the following information to the Department:
1. Exhibits 2(a) and 3(b) of the filing show the historical and projected calendar-year earned premium and incurred claims on a Nationwide basis. Note that the projection in 3(b) does not contain the proposed rate increase.
Produce similar tables in which the earned premium is restated at the current Pennsylvania rate level.
2. Exhibits 2(b) and 3(d) of the filing show the historical and projected calendar-year earned premium and incurred claims on a Pennsylvania only basis. Note that the projection in 3(d) does not contain the proposed rate increase.
Produce similar tables in which the earned premium is restated at the current Pennsylvania rate level.
3. The data from items 1 and 2 should be submitted electronically (preferably in an Excel Worksheet) to jlaverty@state.pa.us.
4. Discuss any actuarial issues that may have had a substantive impact on the data contained in the filing or provided in response to this data request.
When responding to this notice and in any future correspondence regarding this filing, reference Department Filing ID No. A78994001.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 04-930. Filed for public inspection May 21, 2004, 9:00 a.m.]
