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February 26, 2018
Print Version of Feb. 26 ICI
Print this file for text of articles in the current issue....
U.S. Supreme Court Won’t Hear Challenge to California Rate Regulations
Mercury was seeking support for its contention that the rate regulations were unconstitutional because they denied the company a fair profit....
Consumer Group Faults Insurers For Not Providing Low-Mileage Discounts
Industry reps counter that setting rates is a complex undertaking and they shouldn’t be based on a single factor such as number of miles driven....
Insurer Misses Review Deadline, Misses Out on Denying Fishy Claim
It appears the carrier had the information it needed to make a decision about the claim, but failed to act....
Insurance Regulations, Bulletins & Legislation – Feb. 26, 2018
Our exclusive roundup of recent regulatory developments and legislation....