Mutual of Omaha has filed for rate increases in the state of Maine and Vermont. Although approval is pending, ME and VT require carriers to notify policyholders of the rate adjustment request via letter in August.
Within the notification letter, the insured was informed of the following:
- The average proposed rate adjustment
- The advanced notification requirements (60, 75, or 90 days)
- The rate increase notification expectations
- Bureau of Insurance contact information
We are continuing to work with the states on the actual rate increase filings and will communicate approved amounts as well as implementation dates when that information is available.
If you have any questions, please contact your sales team.