Department of Insurance, Securities and Banking

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The Department of Insurance, Securities and Banking has a new address: 1050 First Street, NE, Suite 801, Washington, DC 20002.

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American General Life Insurance Company

Wednesday, May 15, 2013

The enclosed actuarial memorandum details the request for a 25% increase in the rates for AGL's long term care insurance policy forms and associated riders noted above. We are requesting this rate increase because persistency and claim experience are expected to produce lifetime loss ratios that exceed the minimum required loss ratio.

Effective on 11/01/2013
Status = Assigned