967 Progressive Advanced Insurance Company; private passenger automobile; usage based Insurance Program; rate and rule filing
Progressive Advanced Insurance Company; Private Passenger Automobile; Usage Based Insurance Program; Rate and Rule Filing [40 Pa.B. 2725]
[Saturday, May 22, 2010]On April 30, 2010, the Insurance Department (Department) received from Progressive Advanced Insurance Company a private passenger automobile rate and rule filing to introduce its Usage Based Insurance Program.
At the insured's request, the company will provide a device that plugs into the on-board diagnostic port found on all vehicles sold in the U.S. since model year 1996. The device records vehicle information including, but not limited to, the date and time of installation and disconnection, and the time of day and speed at which the vehicle is operated. A usage factor is derived from the vehicle information data recorded by the device and applied to the policy's premium. Effective dates of August 31, 2010, for new business and October 10, 2010, for renewal business are requested.
Unless formal administrative action is taken prior to June 29, 2010, 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. To access the filing, under ''How to Find . . . '' click on ''Current Rate Filings.''
Interested parties are invited to submit written comments, suggestions or objections to Michael McKenney, Insurance Department, Office of Insurance Product Regulation, 1311 Strawberry Square, Harrisburg, PA 17120, mmckenney@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
JOEL SCOTT ARIO,
Insurance Commissioner[Pa.B. Doc. No. 10-967. Filed for public inspection May 21, 2010, 9:00 a.m.]