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ISSUED 7/08/2009 FOR IMMEDIATE RELEASE

STATE ANNOUNCES DELAY IN NEW MEDICAL MALPRACTICE RATES

Acting New York State Insurance Superintendent Kermitt Brooks announced today that he is delaying the setting of new medical malpractice insurance rates to allow time for the Senate to respond to the Assembly’s approval of an extension of the freeze on medical malpractice rates. When rates for 2009-2010 are determined, they will be retroactive to July 1, 2009.

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