ORDERS
ISSUED BY THE BOARD DURING 2013
UNDER
THE
AUTOMOBILE INSURANCE ACT
CHAPTER - 22, 1990
Royal & Sun Alliance Insurance Company of Canada A.I. 1 (2013)
Application:
For approval of a revised automobile insurance rating program
for its Commercial Automobiles class of business.
Decision:
1.
The application is denied.
2.
Royal and Sun Alliance Insurance Company of Canada shall
submit for the approval of the Board, within 30 days of receipt of the Reasons
for Decision, a revised rate proposal for its commercial automobiles class of
business that reflects the findings of the Board as set out in the Reasons for
Decision.
3.
Pursuant to section 57 of the Automobile Insurance Act
and section 90 of the Public Utilities Act, Royal and Sun Alliance Insurance
Company of Canada will be required to pay the costs of the Board associated
with this filing, including the costs of the actuarial review.
Date Issued:
January 3,
2013
IAO Actuarial Consulting Services Inc. on behalf of Lloyd’s Underwriters A.I. 2 (2013)
Application:
For approval to adopt IAO advisory rates for Private Passenger Automobiles
and Commercial Vehicles.
Decision:
The application of IAO Actuarial
Consulting Services Inc., on behalf of Lloyd’s Underwriters to adopt IAO
advisory rates for Private Passenger Automobiles and Commercial Vehicles is
approved to be effective no sooner than January 15, 2013 for new business.
Date Issued:
January 9,
2013
COSECO Insurance Company A.I. 3 (2013)
Application:
For approval to expand its cost based rate group tables for Miscellaneous
Vehicles, introduce a $2,000,000 limit on Bodily Injury coverage for
Miscellaneous Vehicles and remove engine size differentials for Mopeds
Decision:
The revised rating program received
December 19, 2012 from COSECO Insurance Company for its Miscellaneous Vehicles
class of business is approved to be effective no sooner than March 1, 2013 for
new business and May 1, 2013 for renewals.
Date Issued:
February 1,
2013
The Personal Insurance Company A.I. 4 (2013)
Application:
For approval of a revised automobile insurance rate proposal for
its Private Passenger Automobile class of business as directed in Order No.
A.I. 18 (2012).
Decision:
The revised rate proposal received
January 23, 2013 from The Personal Insurance Company for its Private Passenger
Automobiles class of business is approved to be effective no sooner than April
19, 2013 for new business and June 18, 2013 for renewals.
Date Issued:
February 1,
2013
Royal & Sun Alliance Insurance Company of Canada A.I. 5 (2013)
Application:
For approval to implement a revised rating program for its
Commercial Automobiles class of business.
Decision:
The revised rate proposal received
February 6, 2013 from Royal & Sun Alliance Insurance Company of Canada for
its Commercial Automobiles class of business is approved to be effective no
sooner than March 1, 2013 for new business and May 1, 2013 for renewals.
Date Issued:
February
14, 2013
Royal & Sun Alliance Insurance Company of Canada A.I. 6 (2013)
Application:
For approval to implement revised rates for its Private
Passenger Automobiles class of business.
Decision:
1.
The Application is denied.
2.
Royal and Sun Alliance Insurance Company of Canada shall
submit for the approval of the Board, within 30 days of receipt of the Reasons
for Decision, a revised rate proposal for its Private Passenger Automobiles
class of business that reflects the findings of the Board as set out in the
Reasons for Decision.
3.
Pursuant to section 57 of the Automobile Insurance Act
and section 90 of the Public Utilities Act, Royal and Sun Alliance Insurance
Company of Canada will be required to pay the costs of the Board associated
with this filing, including the costs of the actuarial review.
Date Issued:
March 6,
2013
Travelers Canada on behalf of St. Paul Fire and Marine Insurance Company A.I. 7 (2013)
Application:
For approval to adopt IAO advisory rates for Private Passenger
Automobiles, Commercial Vehicles, and Miscellaneous Vehicles.
Decision:
The application of Travelers Canada,
on behalf of St. Paul Fire and Marine Insurance Company, to adopt IAO advisory
rates for Private Passenger Automobiles, Commercial Vehicles and Miscellaneous
Vehicles is approved to be effective no sooner than April 1, 2013.
Date Issued:
March 15,
2013
Travelers Canada on behalf of Travelers Insurance Company of Canada A.I. 8 (2013)
Application:
For approval to adopt IAO advisory rates for Private Passenger
Automobiles, Commercial Vehicles, and Miscellaneous Vehicles.
Decision:
The application of Travelers Canada,
on behalf of Travelers Insurance Company of Canada, to adopt IAO advisory rates
for Private Passenger Automobiles, Commercial Vehicles and Miscellaneous
Vehicles is approved to be effective no sooner than April 1, 2013
Date Issued:
March 15,
2013
Facility Association A.I. 9 (2013)
Application:
For approval of revised rates for Third Party Liability,
Accident Benefits and Uninsured Auto coverages for its Taxis, Jitneys and
Liveries class of business.
Decision:
1.
The rate proposal received January 24, 2013 from Facility
Association for its Taxis, Jitneys and Liveries class of business is approved
effective 100 days post approval for new business and renewals.
2.
Pursuant to section 57 of the Automobile Insurance Act
and section 90 of the Public Utilities Act, Facility Association will be
required to pay the costs of the Board associated with this filing, including
the costs of the actuarial review.
Date Issued:
April 19,
2013
Royal & Sun Alliance Insurance Company of Canada A.I. 10 (2013)
Application:
For approval of a revised automobile insurance rate proposal for
its Private Passenger Automobiles class of business as directed in Order No.
A.I. 6 (2013).
Decision:
The revised rate proposal received March 20, 2013 from Royal
& Sun Alliance Insurance Company of Canada for its Private Passenger
Automobiles class of business is approved to be effective no sooner than June
1, 2013 for new business and July 23, 2013 for renewals.
Date Issued:
April 23,
2013
Federation Insurance Company of Canada A.I. 11 (2013)
Application:
For approval of a revised automobile insurance rating program
for its Private Passenger Automobiles class of business.
Decision:
1.
The Application is denied.
2.
Federation Insurance Company of Canada shall pay the
costs of the Board incurred in connection with this matter.
Date Issued:
May 7, 2013
Federation Insurance Company of Canada A.I. 12 (2013)
Application:
For approval of a revised automobile insurance
rating program for its Private Passenger Automobiles class of business
Decision:
The revised rate proposal received May 28, 2013 from Federation Insurance Company of Canada for its Private Passenger Automobiles class of business is approved to be effective no sooner than June 6, 2013 for new business and August 1, 2013 for renewals.
Date Issued:
June 6,
2013
Intact Insurance Company A.I. 13 (2013)
Application:
For the approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1. The
application is denied.
2. Intact
Insurance Company will be required to pay the costs of the Board associated
with this filing, including the costs of the actuarial review.
Date Issued:
September 11,
2013
Intact Insurance Company A.I. 14 (2013)
Application:
For the approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1.
The revised rate proposal received September 12, 2013
from Intact Insurance Company for its Private Passenger Automobiles class of
business is approved to be effective no sooner than October 15, 2013 for new
business and November 15, 2013 for renewals.
Date Issued:
September
13, 2013
Scottish & York Insurance Co. Limited A.I. 15 (2013)
Application:
For approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1.
The application is
denied.
2.
Scottish & York
Insurance Co. Limited will be required to pay the costs of the Board associated
with this filing, including costs of the actuarial review.
Date Issued:
September
25, 2013
S&Y Insurance Company A.I. 16 (2013)
Application:
For approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1.
The application is
denied.
2.
S&Y Insurance
Company will be required to pay the costs of the Board associated with this
filing, including costs of the actuarial review.
Date Issued:
September
25, 2013
Traders General Insurance Company A.I. 17 (2013)
Application:
For approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1. The application is denied.
2. Traders General Insurance Company will be required
to pay the costs of the Board associated with this filing, including costs of
the actuarial review.
Date Issued:
September
25, 2013
Aviva Insurance Company of Canada A.I. 18 (2013)
Application:
For approval of a revised automobile
insurance rating program for its Commercial Vehicles and Interurban class of
business.
Decision:
1. The rate proposal received August 9, 2013
from Aviva Insurance Company of Canada for its Commercial Vehicles and
Interurban class of business is approved effective no sooner than November 1,
2013 for new business and January 1, 2014 for renewals.
Date Issued:
September
27, 2013
Scottish & York Insurance Co. Limited A.I. 19 (2013)
Application:
For approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1. The revised rate proposal received October
3, 2013 from Scottish and York Insurance Co. Limited for its Private Passenger Automobiles class
of business is approved to be effective no sooner than November 1, 2013 for new
business and December 1, 2013 for renewals.
Date Issued:
October 17,
2013
S&Y Insurance Company A.I. 20 (2013)
Application:
For approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1. The revised rate
proposal received October 3, 2013 from S&Y Insurance Company for its
Private Passenger Automobiles class of business is approved to be effective no
sooner than November 1, 2013 for new business and December 1, 2013 for
renewals.
Date Issued:
October 17,
2013
Traders General Insurance Company A.I. 21 (2013)
Application:
For approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1. The revised rate
proposal received October 3, 2013 from Traders General Insurance Company for
its Private Passenger Automobiles class of business is approved to be effective
no sooner than November 1, 2013 for new business and December 1, 2013 for
renewals.
Date Issued:
October 17,
2013
The Sovereign General Insurance Company A.I. 22 (2013)
Application:
For approval to adopt IAO advisory
rates for its Miscellaneous Vehicles class of business.
Decision:
1. The application of The Sovereign General
Insurance Company to adopt IAO advisory rates for its Miscellaneous Vehicles
class of business is approved to be effective no sooner than January 1, 2014
for new business and March 1, 2014 for renewal business.
Date Issued:
October 17,
2013
The Sovereign General Insurance Company A.I. 23 (2013)
Application:
For approval to adopt IAO advisory
rates for its Private Passenger Automobiles class of business.
Decision:
1. The application of The Sovereign General
Insurance Company to adopt IAO advisory rates for its Private Passenger
Automobiles class of business is approved to be effective no sooner than
January 1, 2014 for new business and March 1, 2014 for renewal business.
Date Issued:
October 17,
2013
The Portage la Prairie Mutual Insurance Company A.I. 24 (2013)
Application:
For approval to implement revised
rates for its Private Passenger Automobiles class of business.
Decision:
1.
The Application is
denied.
2.
The Portage la
Prairie Mutual Insurance Company shall collect its own company specific unallocated
loss adjustment expense information for future rate applications to the Board.
3.
The Portage la
Prairie Mutual Insurance Company shall pay the costs of the Board associated
with this filing, including the costs of the actuarial review.
Date Issued:
October 25,
2013
Co-operators General Insurance Company A.I. 25 (2013)
Application:
For approval of a revised rating
program for its Motorcycles class of business
Decision:
1.
The revised rating
program received November 20, 2013 from Co-operators General Insurance Company
is approved to be effective no sooner than January 15, 2014 for both new
business and renewals.
2.
Co-operators
General Insurance Company will be required to pay the costs of the Board
associated with this filing, including the costs of the actuarial review.
Date Issued:
December 11,
2013
RBC General Insurance Company A.I. 26 (2013)
Application:
For approval of a revised rating
program for its Private Passenger Automobiles class of business
Decision:
1.
The revised rating
program received November 29, 2013 from RBC General Insurance Company is
approved to be effective no sooner than January 26, 2014 for new business and
April 11, 2014 for renewals.
2.
RBC General
Insurance Company will be required to pay the costs of the Board associated
with this filing, including the costs of the actuarial review.
Date Issued:
December 12,
2013
Facility Association A.I. 27 (2013)
Application:
For approval to implement a revised
rating program for its Private Passengers Automobiles class of business.
Decision:
1.
The application is denied.
2.
Facility
Association shall submit for the approval of the Board, within 30 days of
receipt of the Reasons for Decision, a revised rating program for its
Private Passenger Automobiles class of business that reflects
the findings of the Board as set out in the Reasons for Decision.
3.
Facility
Association shall report to the Board within 90 days in relation to finance fee
revenues as set out in the Reasons for Decision.
4.
Facility Association
shall pay the costs of the Board associated with this application, including
the costs of the actuarial review.
Date Issued:
December
13, 2013
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