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Insurers Say Alaska Court Decision Could Lead to Uneven Rates

West News • August 22, 2007
A ruling by the Alaska State Supreme Court requiring insurers to re-rate all policies at the very first renewal as if credit information was never considered will have the unintended result of ...

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Subject: RE: RE: The heck are they thinking?!?!

Posted On: August 22, 2007, 3:03 pm CDT
Posted By: actuary
Comment:
OK, so one year of driving experience with a carrier is supposed to tell a carrier everything they are supposed to know? Personal Auto claim frequencies are very low, you would have to have a driver on the books for 20+ years before you would have any credible info about that driver.

Ratemaker has this nailed. This law basically gives good credit risks incentives to switch carriers at every renewal.
Subject Posted By Posted On
RE: The heck are they thinking?!?! wudchuck
Aug 26, 2007, 10:05 am
RE: RE: RE: RE: RE: The heck are they thinking?!?! Nobody Important
Aug 23, 2007, 1:02 pm
RE: RE: RE: RE: The heck are they thinking?!?! actuary
Aug 23, 2007, 12:09 pm
RE: RE: RE: The heck are they thinking?!?! Nobody Important
Aug 23, 2007, 9:30 am
RE: RE: RE: RE: The heck are they thinking?!?! R&D
Aug 23, 2007, 9:29 am
RE: RE: The heck are they thinking?!?! actuary
Aug 23, 2007, 8:20 am
RE: The heck are they thinking?!?! wudchuck
Aug 22, 2007, 4:34 pm
RE: RE: RE: The heck are they thinking?!?! Desert rat
Aug 22, 2007, 4:21 pm
RE: RE: The heck are they thinking?!?! Ratemaker
Aug 22, 2007, 3:11 pm
RE: RE: The heck are they thinking?!?! actuary
Aug 22, 2007, 3:03 pm
RE: The heck are they thinking?!?! Cynder
Aug 22, 2007, 2:17 pm
The heck are they thinking?!?! Ratemaker
Aug 22, 2007, 12:49 pm
Credit AGAIN!? wudchuck
Aug 22, 2007, 12:33 pm
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