Nevada Insurance Commissioner Alice A. Molasky-Arman has approved revised classification relativities filed by the Medical Protective Co. for physicians and surgeons.
The revised factors contemplate an average 5.4 percent rate decrease and are a reflection of the improving experience in Nevada.
The Medical Protective Co. is a member of the Berkshire Hathaway Insurance Group and insures approximately 512 Nevada physicians and surgeons. The new rates became effective on Dec. 1, 2006.
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