Insurance commissioner denies rate hike for mobile home owners


A request by Windsor-Mount Joy Mutual Insurance Company (“WNMJ”) to increase insurance rates onmore than2,000 manufactured housing policyholders by 20-30 percent has been denied by Insurance Commissioner Trinidad Navarro.

The Department of Insurance hired an independent actuary to determine the fairness of the requested rate increase.

After reviewing 10 years of claims files for the company, the department-contracted actuary concluded that this area, receiving the largest proposed increase, is also the area that has had the fewest claims, a department The company’s cost for reinsurance and brokerage fees were also indicated as being higher than the industry average.


Navarro issued the following statement:

“As Insurance Commissioner, it is my duty to look out for and protect consumers. After our analysis, we believe it is unfair for a company to pass on its negotiable reinsurance costs and negotiable brokerage fees to its policyholders by increasing their rates.

At this point, there are several routes we can take. WNMJ can either negotiate a better rate for consumers, or file for a public hearing on this matter. That decision will be forthcoming.

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