Conn. to Reconsider ProSelect 12% Med-Mal Rate Hike Rejected by Department

November 16, 2005

Connecticut Insurance Commissioner Susan Cogswell will conduct a public hearing on Nov. 29 to reconsider her department’s disapproval of ProSelect’s Medical Malpractice, Physicians and Surgeons Professional Liability base rate filing proposed increase.

ProSelect filed for a manual base rate change of 12 percent on June 8,with a proposed effective date of Dec. 1, 2005. The Connecticut Insurance Department concluded that the proposed base rates were excessive and disapproved the rate filing on Oct. 5.

ProSelect requested the reconsideration.

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