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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 | 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 |
| Back to article | ||
Subject: RE: RE: The heck are they thinking?!?!
But that's not the point of my comment - The Alaska regulation has created an unequal playing field. The simple fact is, most insurance consumers select their policy based on price. If I (as an insurer) am only allowed to give a credit-based discount in the first year I have that policy, how am I supposed to keep that policy for a second year when another insurer is allowed to give that policyholder a discount that I'm not?