PROSELECT MED-MAL HIKE RECONSIDERED:

December 5, 2005

Connecticut Insurance Commissioner Susan Cogswell scheduled a public hearing for Nov. 29 to reconsider her department’s rejection 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. ProSelect requested the reconsideration.