1667 Continental Casualty Company; 35% rate increase filing for 22 long term care policy forms; rate filing  

  • Continental Casualty Company; 35% Rate Increase Filing for 22 Long Term Care Policy Forms; Rate Filing

    [34 Pa.B. 4989]

       Continental Casualty Company (CNA) is requesting approval to increase the premium 35% for Long Term Care Series P1-N0022-A37, P1-N0022-B37, P1-N0022-A87 and P1-N0022-B87. CNA is seeking a 35% increase for Series P1-N0023-A37, P1-N0023-B37, P1-N0023-A87 and P1-N0023-B87. CNA is seeking a 35% increase for Series P1-N0026-A37, P1-N0026-B37, P1-N0026-A87 and P1-N0026-B87. CNA is seeking a 35% increase for Series P1-N0027-A37, P1-N0027-B37, P1-N0027-A87 and P1-N0027-B87. CNA is seeking a 35% increase for Series P1-N0030-A37, P1-N0030-A87, P1-N0031-A37, P1-N0031-A87, P1-N0034-A37 and P1-N0034-A87. The average premium will increase from $1,529 to $2,064 and will affect 4,655 policyholders in this Commonwealth.

       Unless formal administrative action is taken prior to November 18, 2004, the subject filing may be deemed approved by operation of law.

       A copy of the filing is available on the Insurance Department's (Department) website: www.ins.state.pa.us. To access the filing, select ''Consumer Information'' on the left side. Under ''General Information,'' click on ''Notices.'' The pdf copy is at the ''Filing.pdf'' link following the name of the filing.

       Copies of the filing are also available for public inspection, by appointment, during normal working hours at the Department's regional office in Harrisburg.

       Interested parties are invited to submit written comments, suggestions or objections to James Laverty, Actuary, 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.

    M. DIANE KOKEN,   
    Insurance Commissioner

    [Pa.B. Doc. No. 04-1667. Filed for public inspection September 3, 2004, 9:00 a.m.]

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