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NJ Court Blocks LTC Insurer's Bid For Triple-Digit Rate Hike

By Elizabeth Daley ( June 6, 2025, 7:33 PM EDT) -- A New Jersey state appeals court on Friday backed the state's Department of Banking and Insurance in denying a long-term care insurer's request to increase its policy rates, agreeing that the proposed triple-digit rate increase on aging policyholders was excessive....

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