1394 LTC rate increase filing for Several Time Insurance Company policies and Fortis Benefits Insurance Company policies assumed by John Hancock Life Insurance Company; rate filing
LTC Rate Increase Filing for Several Time Insurance Company Policies and Fortis Benefits Insurance Company Policies Assumed by John Hancock Life Insurance Company; Rate Filing [38 Pa.B. 4050]
[Saturday, July 26, 2008]John Hancock Life Insurance Company is requesting approval to increase the premium 18% on the following Long-Term Care policy forms that they assumed from the Fortis family of companies: Time Insurance Company forms 4060-PA, 4061-PA, 4062-PA, 4063-PA, 4072-PA and 4073-PA and Fortis Benefits Insurance Company forms 6034-PA, 6035-PA, 6036-PA, 6060-PA, 6062-PA, 6063-PA, 6072-PA and 6073-PA.
A total of 6,134 Pennsylvania residents will be affected by this rate adjustment.
Unless formal administrative action is taken prior to October 9, 2008, the subject filing may be deemed approved by operation of law.
A copy of the filing is available on the Insurance Department's (Department) web site at www. ins.state.pa.us. Under the Quick Links section, click on the link ''Rate Filings Published in the PA Bulletin.''
Copies of the filing are also available for public inspection, by appointment, during normal working hours at the Department's Harrisburg Regional office.
Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Insurance Department, Insurance Product Regulation and Market Enforcement, Room 1311, Strawberry Square, Harrisburg, PA 17120, jlaverty@state.pa.us within 30 days after publication of this notice in the Pennsylvania Bulletin.
JOEL SCOTT ARIO,
Insurance Commissioner[Pa.B. Doc. No. 08-1394. Filed for public inspection July 25, 2008, 9:00 a.m.]
