May 18, 2017
For example, in Virginia, seven insurers are seeking average premium increases that range from just under 10 percent to more than 50 percent. Kurt Giesa, a partner with the Oliver Wyman consultancy, said such a wide spread signals to him that some insurers may be pricing for political uncertainty.
“Insurers are operating under a lot of uncertainty right now, and really, the uncertainty isn’t being cleared up,” he said.
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