A.I. 55(2001-2002)
IN
THE MATTER OF THE AUTOMOBILE
INSURANCE
ACT, CHAPTER A - 22,
R.
S. N. 1990.
AND
IN
THE MATTER OF AN APPLICATION BY
The Co-Operators General Ins. Co.
TO
IMPLEMENT RATES
FOR
INCREASED THIRD PARTY LIABILITY LIMITS
AND
SEF44 PREMIUMS FOR ITS
COMMERCIAL
CLASS OF BUSINESS.
WHEREAS by application received May 24, 2001, The Co-Operators General
Ins. Co. applied to the Board for approval to implement
rates for increased third party liability limits and corresponding SEF44
premiums for its Commercial class of business, and
WHEREAS, the Board, after due examination and analysis
of the proposed rates, finds that they should be approved as filed.
IT IS THEREFORE ORDERED THAT:
1. Approval be and it is hereby granted The Co-Operators General Ins. Co. for the implementation of rates for increased third party liability limits and SEF44 premiums on its Commercial class of business as outlined in the application.
2. These rates shall be effective from August 1, 2001 for new business and September 8, 2001 for renewals.
Dated at St. John's, Newfoundland, this 13th day of June, 2001.
Robert Noseworthy
Chairperson &
Chief Executive Officer
Darlene Whalen,
P.Eng.
Vice-Chairperson
Barbara Thistle
Assistant
Board Secretary