Calif. Insurance Head Wants Rate Increases Delayed

Law360, New York (January 13, 2011, 3:18 PM EST) -- California's insurance commissioner has asked four of the state's largest health insurance carriers to delay the implementation of scheduled premium rate increases in order to give his office more time to review the proposed changes.

California Insurance Commissioner Dave Jones sent letters Tuesday to Anthem Blue Cross of California, Aetna Life Insurance Co. and UnitedHealth Group Inc. subsidiary Pacificare Life and Health Insurance Co., calling on the insurers to refrain from increasing premiums for at least 60 days beyond the effective dates of their most recent...
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