The Region Connecticut, No. 5 in the charts, is trying a pre-emptive attack
Direction: WITH automobile insurance increases and high prices, Connecticut officials last week began to study a year to try to find solutions calm before a storm.
WITH automobile insurance increases and high prices, Connecticut officials last week began to study a year to try to find solutions calm before a storm.
The study marks the first glimpse of the system of fixing the state, in the absence of debt insurance, the law was here to 1973, will focus on what works in d other states and what not. The recommendations are addressed to the Governor in January next year.
”We are trying to do so in a quiet part of nature and instead the reaction of some connection,’’said State Insurance Commissioner, Peter F. Kelly. The study costs about $ 100,000.
Connecticut’s average auto insurance premiums, $ 780 in 1988, on the basis of figures, the fifth largest in the country, according to a report by the National Association of Insurance Commissioners. But the problem Connecticut officials said a critical report.
During 1989, for example, according to the State Insurance Department figures, the average has risen only 5.1 per cent, compared to double-digit increases reported by the Commissioners’ group in the three previous years.
And only about 10 percent of drivers are insured by the State High-Risk Premium High-category. New Jersey, on the other hand 40 percent of its drivers insurance policies, the purchase by a club high risk for pilots.
Mr. Kelly was asked for the implementation of the study of Connecticut Dir William A. O’Neill said that insurance rates most recent success stories in New York, Florida and Michigan, particular emphasis.
New York, for example, conducts inspections car, Mr. Kelly said that appear to have cut down fraudulent claims. Still, New York, the sixth highest average in the country. Other countries have imposed restrictions on the types of claims court proceedings may be held that a provision of the damage award levels.
But Mr. Kelly said the New Jersey’s troubled insurance system would certainly not on the list of How-To’s.
Nobody’’said, ‘Hey, they have some good things there ,”’, he said.
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