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Insurance Rate Increases (1985)

Louisiana: The State We're In

Details

Collection:LPB

Genre: Newsmagazine

Place Covered: Louisiana

Copyright Holder: Louisiana Educational Television Authority

Date Issued: 1985-10-11

Duration: 00:01:51

Subjects: Workers' compensation | AUTOMOBILE INSURANCE

Contributors:

  • Johnson, Ken Host
  • Bernard, Sherman Interviewee
  • Steimel, Ed Interviewee

Description

This segment from the October 11, 1985, episode of the series “Louisiana: The State We’re In” features Ken Johnson’s report on the recent meeting of the Insurance Rating Commission. He reports that the commission approved a 5.4% automobile insurance rate increase for All State Insurance, denied a 15% rate increase request by State Farm Insurance, and delayed a decision on the request for a 40% increase in workers’ compensation insurance. He interviews Louisiana Commissioner of Insurance Sherman Bernard and Ed Steimel, president of the Louisiana Association of Business and Industry.