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Update Report

As of: 4/14/2021 3:36:02 PM
Wednesday, April 14, 2021
Wednesday, April 14, 2021
Maryland Insurance Administration
Change made: April 14, 2021 3:12 PM - HEARING ADDED
Maryland Insurance Administration - Other
May 20, 2021 2:30 PM to May 20, 2021 5:30 PM
Zoom Meeting
Public hearing on specific rate increase requests being made by certain long-term care insurance carriers operating in Maryland.
In addition, RiverSource Life Insurance Company is not proposing to increase rates, but has filed for new benefit reduction options for policies already inforce.
The purpose of the hearing is for insurance company officials to explain their reasons for the rate increases.
The rate increase requests are from Provident Life and Accident Insurance Company and Genworth Life Insurance Company.

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