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Consumer Federation Says Prior Approval Works, Industry Says Not True

National News • April 24, 2008
A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the ...

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Subject: RE: It Just Doesn't Compute

Posted On: April 25, 2008, 3:35 pm CDT
Posted By: LLCJ
Comment:
I'm not sure what you're trying to say, but yes insurers seek higher profits. however, when other insurers see high profits, they enter the market, causing more competition.

Look at what happened to NJ auto when they relaxed the restrictions.
Subject Posted By Posted On
Good ol' Harvey! Harvey's a real piece
Apr 29, 2008, 5:26 pm
RE: RE: It Just Doesn't Compute Kaso
Apr 28, 2008, 7:57 am
RE: It Just Doesn't Compute LLCJ
Apr 25, 2008, 3:35 pm
It Just Doesn't Compute Kaso
Apr 25, 2008, 3:14 pm
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