ROANOKE TIMES 
                      Copyright (c) 1996, Roanoke Times

DATE: Wednesday, October 9, 1996             TAG: 9610090074
SECTION: BUSINESS                 PAGE: B8   EDITION: METRO 
SOURCE: MAG POFF

STATE DEREGULATES LAWYERS' INSURANCE

The Virginia Corporation Commission will let the marketplace determine the cost of professional liability insurance for lawyers.

The commission said Tuesday a competitive market now exists for that type of insurance, so companies offering such policies can begin charging new rates as soon as they are filed with the state regulators.

The policy since 1989 has required SCC approval before companies could begin imposing new premium rates.

The commission ruled that the market for professional liability insurance covering medical professionals, insurance agents, real estate agents, volunteer fire departments and rescue squads is still noncompetitive.

LENGTH: Short :   23 lines









































Type first letter of feature OR type help for list of commands
FIND  S-DB  DB  OPT  SS  WRD  QUIT  
QUIT

Save options?
YES  NO  GROUP  
YOU'VE SELECTED: QUIT YES

login: c