A.I. 62 (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. 57 (2001-2002) AND

IN THE MATTER OF A REQUEST RECEIVED FROM

THE PERSONAL INSURANCE COMPANY OF CANADA

TO AMEND THE IMPLEMENTATION DATES

OF THE PRIVATE PASSENGER AUTOMOBILE INSURANCE RATES

APPROVED BY THE WAY OF BOARD ORDER NO A.I. 57 (2001-2002)

 

 

 

 

 

WHEREAS, on July 26, 2001, the Board issued Order No A.I. 57 (2001-2002) approving a private-passenger automobile-insurance rating program for The Personal Insurance Company of Canada, and 

 

WHEREAS, the effective dates established by way of A.I. 57 (2001-2002) provided that the rates shall be effective September 1, 2001 for new business and  renewals, and

 


                        WHEREAS, on August 15, 2001, the Board received a request by way of letter from The Personal Insurance Company of Canada to amend the implementation dates established by way of Board Order A.I. 57 (2001-2002) to October 1, 2001 for new business and renewals, and

 

WHEREAS, the Board has reviewed the request and found it to be reasonable. 

 

 

IT IS THEREFORE ORDERED THAT:

 

 

Board Order No. A.I. 57 (2001-2002) be amended by deleting therefrom in its entirety, section 5. at page 4, and substituting the following:

 

5.         The rates established by way of this Order are to be implemented on October 1,  2001 for new business and renewals.

 

           

 

Dated at St. John's, Newfoundland, this 20th day of September, 2001.

 

 

                                   

Darlene Whalen, P.Eng.

Vice-Chairperson

 

 

 

 

                                   

Cheryl Blundon

Board Secretary          


 

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