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Assigned Risk Plan

Assigned Risk Plan activity was mixed in 1996. The number of new applications submitted in 1996 remained steady, while the premium volume for the Assigned Risk Plan dropped by $40,826,325, or almost 40 percent. (The premium figures used here are estimated annual premiums and as such are only approximate.) There was also a decrease of 1,976 policies in the 1996 item count compared to the 1995 count.

Effective January 1, 1996, the Commerce Department ordered an overall premium level decrease of five percent.


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