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UCAN Opposes SDG&E's $29 Million Liability Insurance Rate Hike: an insurance expert explains why

Posted February 20th, 2010 by michael

Late last year,  SDG&E filed a request with regulators to increase rates by $29 million for the increased liability premium expense incurred during 2009 due to the 2007 wildfires.   UCAN was dubious -- sure, rates went up but $29 million (more than double) more?   So we hired an insurance broker expert who reviewed SDG&E's request and gave it two thumbs down.   Read his attached report.   Hearings on this application are expected to begin in early April.  

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UCANSulpiziotestimony.pdf139.18 KB
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Tags: wildfire - SDG&E - rate increase - rate - insurance - hike -

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On February 24th, 2010 David Scott (not verified) says:

Good paper

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