Hello Curious Minds Crew,
This week, we've observed some interesting developments in the rate request trends. After a relatively quiet couple of months, this week saw a rise in both the average rate increase requested and the number of filings. Let's dive into the details and explore what's driving these changes.
Over the past six months, we've been averaging about 49 rate requests per week. However, there have been some notable fluctuations:
In November, specifically the week of November 15th, we hit a peak of 108 requests.
The second-highest count was observed in December of last year.
Following these peaks, we've generally been below the trend line.
This week, we activity picked up marking a solid increase in number of filings over the past few months weekly average.
This Week's Rate Request Breakdown
Now, let's take a closer look at the specifics of this week's rate requests: