A.I. 49 (2001-2002)
IN THE MATTER OF THE AUTOMOBILE
INSURANCE ACT, CHAPTER A - 22, R.S.N. 1990
AND
IN THE MATTER OF BOARD ORDER NO. A.I. 23
(2001-2002) AND
IN THE MATTER OF A REQUEST RECEIVED FROM
TRADERS GENERAL INSURANCE COMPANY
TO AMEND THE IMPLEMENTATION DATES
OF THE PRIVATE PASSENGER AUTOMOBILE INSURANCE
RATES
APPROVED BY THE WAY OF BOARD ORDER NO A.I. 23
(2001-2002)
WHEREAS, on
May 16, 2001, the Board issued Order No A.I. 23 (2001-2002) Company approving a
private-passenger automobile-insurance rating program for Traders General
Insurance Company, and
WHEREAS, the effective
dates established by way of A.I. 23 (2001-2002) provided that the rates shall
be effective June 1, 2001 for new business and no later than August 1, 2001 for
renewals, and
WHEREAS, on
May 24, 2001, the Board received a request by way of letter from Traders
General Insurance Company to amend the implementation dates established by way
of Board Order A.I. 23 (2001-2002) to July 1, 2001 for new business and to no
later than September 1, 2001 for renewals, and
WHEREAS, the
Board has reviewed the request and found it to be reasonable with the exception
that the effective date for new business should be set at June 7, 2001.
IT IS THEREFORE ORDERED
THAT:
Board Order No. A.I. 23
(2001-2002) be amended by deleting therefrom in its entirety, section 5. at
page 5, and substituting the following:
5. The
rates established by way of this Order are to be implemented on June 7, 2001
for new business and no later than September 1, 2001 for renewals.
Dated at St. John's,
Newfoundland, this 6th day of June 2001.
Robert Noseworthy
Chairperson &
Chief Executive Officer
Darlene Whalen,
P.Eng.
Vice-Chairperson
Barbara Thistle,
Assistant
Board Secretary