Home > Policyholder News > Loss-Free, Other Credits Coming Your Way
We are happy to announce upcoming reductions in your premiums, starting with an increase to the credit available for loss-free physician policyholders in North Carolina beginning with renewals effective on or after Nov. 1, 2011. Your loss-free credit will be based upon your loss-free years and will include loss-free years with other insurers. Other discounts include:
Tort Reform Credit: We are applying an additional 3% credit to all policyholders in recognition of recently enacted tort reform legislation.
Separate Limit Organization Charge: The surcharge for those policyholders who elect to purchase a separate limit for their professional corporation has been reduced for selected group sizes. The amount of the reduction will vary from 1% to 5%.
New Doctor Discount: We have increased the discount available to physicians. The discount is now 65% for the first year, 35% for the second and 15% for the third year. Previously, it was 50% for the first year and 25% in the second year.
Shared Limit Certified Registered Nurse Anesthetists: Now covered for no additional charge.
