Dynamic Chiropractic

Dynamic Chiropractic Facebook Twitter
Dynamic Chiropractic
Advanced Search
Wellness Blog
Dynamic Chiropractic PracticeINSIGHTS
Current Graphic
Dynamic Chiropractic – August 16, 2002, Vol. 20, Issue 17
Dynamic Chiropractic
Printer Friendly Email a Friend PDF RSS Feed
Share |
Dynamic Chiropractic

CBS Carrier Files for 26% Rate Increase Nationwide

Policyholders Will See Higher Rates When They Renew Their Malpractice Insurance

By Editorial Staff

On April 16, 2002, TIG, the underwriting insurance carrier for Chiropractic Benefit Services (CBS), filed for a 21.6 percent rate increase for DCs in California. According to the TIG filing memorandum, "(t)he proposed effective date of this filing is May 15, 2002 for all new and renewal policies."

The rate memorandum states that TIG has "amended the initial filing strategy to include the results of the most recent experience indications." TIG has already eceived approval of rate changes in 34 states. The countrywide impact of those revisions is "estimated to be a 26.2 percent increase."

Unlike many chiropractic malpractice insurance carriers, TIG combines chiropractic into its "Allied Healthcare Program" which covers "over 100 different classes of complementary and alternative health care providers nationwide." TIG's rate memorandum proposes a 25 percent rate increase for chiropractic countrywide, which is higher than every other allied profession except nurse midwives:

Rate Increase
Nurse Anesthetists
Nurse Midwives
Allied Health

Combining chiropractic with other "allied health" providers appears to be contributing to the huge rate increases. Other chiropractic malpractice carriers that only insure DCs are expecting few if any rate increases depending on the state. Some industry insiders speculate that the increase is an effort to supplement losses to TIG's medical malpractice division.

The 26 percent rate increase comes on the heels of a recent downgrading by A.M. Best that moved TIG down to a B++ rating. This makes the CBS policy rating the lowest in chiropractic with all other carriers rated from A- to A+(16).

Additional information on all chiropractic malpractice companies will be presented in the September 1 issue of Dynamic Chiropractic. This upcoming article will provide a comparison of all national carriers serving the profession.


  1. A.M. Best Downgrades Rating of TIG; Affirms Rating of Crum and Forster; Affirms Ratings of Fairfax and its Subsidiaries. Press release 11/30/2001.

Dynamic Chiropractic

Dynamic Chiropractic
Printer Friendly Email a Friend PDF RSS Feed
Share |
Dynamic Chiropractic
Dynamic Chiropractic
Join the conversation
Comments are encouraged, but you must follow our User Agreement
Keep it civil and stay on topic. No profanity, vulgar, racist or hateful comments or personal attacks. Anyone who chooses to exercise poor judgement will be blocked. By posting your comment, you agree to allow MPA Media the right to republish your name and comment in additional MPA Media publications without any notification or payment.
comments powered by Disqus
Dynamic Chiropractic
Have you ever contacted a local employer about the possibility of directing their corporate wellness program?
Yes, contacted
Yes, directing
Thinking about it

Sign Up for Our Webinars
Receive Advanced Notice of Future Webinars


Generic Viagra Lowest Prices Pfizer Drugs Viagra No Prescription Order Viagra Online Viagra Non Prescription Deal Sale Prescription Viagra Uk Online Levitra Reviews Viagra Oysters In Australia Viagra Price Australia Cialis Pill Color Generic Viagra Canada Buy Cheap Viagra Viagra Katelaris P Viagra Australia Cheap Levitra Prescription Or Not Viagra Levitra Usual Dosage Buy Tadalafil Cialis Online Viagra And Daibetes Viagra Tablets Uk Viagra Online From Us Pharmacys Generic Money Viagra Cialis And Priligy Next Dat Delivery Generic Viagra Vigora 5000 Effect Viagra Drug Interactions Online Levitra Tablet Viagra Buy Online Levitra Drug Interaction Walgreen Viagra Per Pill Viagra Online Gr 4.26 Buy Cialis Lowest Price Viagra Online Cheap Mexico Viagra Buying Free Sale Viagra Cheap Kamagra Viagra Buy Generic Online Viagra Viagra Online Sales Brand Viagra For Get Viagra Without Prescription Viagra Side Effects Blood Pressure Cialis For Sale In Us Australia Viagra Online Cialis Cheap Visa Auk Cialis Sales Bravejournal Buy Levitra Member Levitra Buy Online Find Cheap Cialis Vardenafil 20 Mg Hcl