Year 2001 saw our first increase in the assigned risk plan
rates while experiencing a decrease in the voluntary market," Dan Honey, deputy commissioner of the Arkansas Insurance Department, said.
If the pool mechanism is an assigned risk plan
, f equals 1.
The New York State Insurance Department directed and encouraged the assigned risk plan
Governing Committee over the years to implement various programs designed to depopulate the plan, such as the Territorial Take-Out Program.
Romney wanted high-risk drivers to be randomly assigned to a particular carrier, a so-called assigned risk plan
1 percent loss in Arkansas can be attributed to the state's assigned risk plan
The WCRA/MWCIA lawsuit against AIG is in addition to litigation by the Minnesota Attorney General to determine losses suffered by the Minnesota Department of Revenue, the Minnesota Insurance Guaranty Association and the Minnesota Assigned Risk Plan
In fact, after more than three years of dramatic 30+% declines in the Assigned Risk Plan
volumes, the most recent four week results indicate that volumes may be bottoming out.
States, drivers who cannot obtain insurance in the voluntary market are placed in an assigned risk plan
Service revenue from the Minnesota Assigned Risk Plan
(ARP) declined 15.
Although New York's Assigned Risk Plan
was intended as a last resort for drivers who were unable to find insurance coverage anywhere else, it was approaching half a million drivers in 2003.
The contract gives Companion 20 percent of the total assigned risk plan
The contract allows Companion to retain work from a previous contract and increases its share from 35 percent to 45 percent of the total assigned risk plan