Notice
March 26, 2014 ~ Facility Association (FA) Notice
July 7, 2014 ~ Facility Association (FA) Notice
October 9, 2014 ~ FA Application Notice of Hearing Date November 5
Facility Association Rate Filing
March 6, 2014 ~ Rate Filing Cover Letter
Rate Filing - Part 1
Rate Filing - Part 2 - Actuarial Memorandum
Rate Filing - Rate Indications (Excel)
Rate Filing - Tab 9 - Exhibits
April 4, 2014 ~ Revised Proposed Rate Pages
April 22, 2015 ~ Category 2 - Taxi and Limousine Rate Filing - RESUBMISSION
Board Actuary - Oliver Wyman (OW)
Questions and Responses
March 21, 2014 ~ Oliver Wyman - Questions
March 31, 2014 ~ Facility Association Responses to Oliver Wyman Questions
April 9, 2014 ~ Oliver Wyman - Follow up Questions to Facility Association
April 16, 2014 ~ Facility Association Responses to Oliver Wyman Follow up Questions
Oliver Wyman Report
May 16, 2014
May 9, 2014 ~ FA Response to OW Report of Findings
May 20, 2014 ~ To Facility Association Advising of Minor Changes in OW's report
April 23, 2015 ~ Oliver Wyman FA Taxi Report
Correspondence
March 6, 2014 ~ Rate Filing Cover Letter
July 24, 2014 ~ Consumer Advocate Intervenor Submission
August 21, 2014 ~ Notice to Facility Association of Hearing Information
August 21, 2014 ~ Notice to Consumer Advocate of Hearing Information
August 21, 2014 ~ Hearing Information
August 21, 2014 ~ Hearing schedule
October 30, 2014 ~ To CA - Hearing public comments
October 30, 2014 ~ To FA - Hearing public comments
December 12, 2014 ~ To FA - Request for Comments Regarding
Rescheduling Submission Dates
December 16, 2014 ~ To Parties - Revised Schedule Submission Dates
January 5, 2015 ~ To Parties -Enclosing Amended Undertaking #23
Requests for Information
August 28, 2014 ~ RFIs - CA-FA-01 - CA-FA-11: Questions Only
August 28, 2014 ~ RFI - CA-OW-01: Question Only
August 29, 2014 ~ RFIs - PUB-FA-1 - PUB-FA-16: Questions Only
October 17, 2014 ~ RFIs - PUB-FA-17 - PUB-FA-24: Questions Only
Responses to Requests for Information
Consumer Advocate - Requests
Public Utilities Board - Requests
Public Comments
March 6, 2014 ~ Public Comments - Redacted
November 5, 2014 ~ Presentation - Doug McCarthy of former Co-op Taxi
Transcripts
November 5, 2014 ~ FA Hearing Transcript - Nov 5, 2014
November 6, 2014 ~ FA Hearing Transcript - Nov 6, 2014
November 7, 2014 ~ FA Hearing Transcript - Nov 7, 2014
November 17, 2014 ~ FA Hearing Transcript - Nov 17, 2014
November 18, 2014 ~ FA Hearing Transcript - Nov 18, 2014
Additional Filings
Exhibits
| EXHIBIT # |
DESCRIPTION |
| SD # 1 |
Date: November 6, 2014
Presented By: Facility Association Counsel
Witness: S. Doherty
Model Description Regulator LC avg 1: latest 10 yrs only, excluding 2 highest and 2 lowest by % change. |
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| SD # 2 |
Date: November 6, 2014
Presented By: Facility Association Counsel
Witness: S. Doherty
Model Description Regulator LC avg 2: latest 5 yrs only, excluding highest and lowest by % change. |
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| SD # 3 |
Date: November 6, 2014
Presented By: Facility Association Counsel
Witness: S. Doherty
Model Description Regulator LC avg 3: latest 10 yrs only to second most recent period, excluding 2 highest and 2 lowest by % change. |
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| SD # 4 |
Date: November 6, 2014
Presented By: Facility Association Counsel
Witness: S. Doherty
Model Description Regulator LC avg 4: latest 5 yrs only to second most recent period, excluding highest and lowest by % change. |
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| PE # 1 |
Date: November 17, 2014
Presented By: Board Counsel
Witness: P. Elliott
5 & 10 year Bodily Injury Trends, as of December 2012- Excluding High and Low points |
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| PE # 2 |
Date: November 17, 2014
Presented By: Board Counsel
Witness: P. Elliott
Oliver Wyman Selected Loss Trends Change in Lost Cost Comparison Bodily Injury |
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| PE # 3 |
Date: November 17, 2014
Presented By: Board Counsel
Witness: P. Elliott
Newfoundland and Labrador Commercial Vehicles Oliver Wyman Selected Loss Trend Rates Through December 31, 2011 Pages 1-18 |
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| PE # 4 |
Date: November 17, 2014
Presented By: Board Counsel
Witness: P. Elliott
Oliver Wyman Bodily Injury Loss Trends: Summary Statistics Comparison As of December 31, 2012 Summary of R2 Information |
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| PE # 5 |
Date: November 17, 2014
Presented By: Board Counsel
Witness: P. Elliott
Summary of 5 and 10 year Bodily Injury Trends As of December 2`1012 |
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| PE # 6 |
Date: November 17, 2014
Presented By: Board Counsel
Witness: P. Elliott
GISA Data Atlantic Provinces Ordinary Commercial 31/12/2012 ILDF Report Pgs 338, 339, 340 |
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| PE # 7 |
Date: November 18, 2014
Presented By: Board Counsel
Witness: P. Elliott
LOSS Cost Trend Graphs with High and Low percentages identified |
Information Exhibits
| INFO EXHIBIT # |
DESCRIPTION |
| Information # 1 |
Date: November 6, 2014
Submitted By: Consumer Advocate
Witness: S. Doherty
Facility Association Rate Revision Application Responses to Oliver Wyman
Information Requests - Questions 1 through 11, dated 6 February 2013, Pages 1-7 |
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| Information # 2 |
Date: November 6, 2014
Submitted By: Consumer Advocate
Witness: S. Doherty
Decision 2014 NSUARB 175 issued October 23, 2014 by the Nova Scotia Utility
and Review Board In matter of the Insurance Act and in the matter of an application
by Facility Association for approval to modify its rates and risk-classification system
for miscellaneous vehicles |
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| Information # 3 |
Date: November 6, 2014
Submitted By: Consumer Advocate
Witness: S. Doherty
Decision 2014 NSUARB 156 issued September 22, 2014 by the Nova Scotia Utility and Review Board In matter of the Insurance Act and in the matter of an
application by Facility Association for approval to modify its rates and
risk-classification system for private passenger vehicles |
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| Information # 4 |
Date: November 7, 2014
Submitted By: Public Utilities Board
Witness: S. Doherty
Pages from 2013 Facility Association Actuarial Memorandum dated January 23, 2013 Pages 2.5 and 2.6 |
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| Information # 5 |
Date: November 7, 2014
Submitted By: Public Utilities Board
Witness: S. Doherty
Page from the 2013 Facility Association Actuarial Memorandum dated January 23, 2013 - Exhibit 4, Sheet 1 Newfoundland and Labrador Commercial 2011-2 AIX Trend Analysis |
Undertakings
| LIST |
List of Undertakings |
| UNDERTAKING # |
DESCRIPTION |
| U - 1 |
Date: November 6, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
Transcript Reference: November 6, 2014, Pages 153-154, Lines 14-25 and 1-15
Undertaking to provide to determine what rate reviews were completed over the last 10 years and what results of those rate reviews were, and whether or not those were taken to the Board of Directors. |
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| U - 2 |
Date: November 6, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 6, 2014, Pages 157-158, Lines 25 and 1-8 Undertake to provide when the last application to the Nova Scotia Board for private passenger was filed. |
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| U - 3 |
Date: November 7, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Pages 4-6, Lines 10-25, 6-25, and 1-14 Undertake to provide what the impact (drop in loss cost frequency and severity) starting with the first half of 2003. |
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| U - 4 |
Date: November 7, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 7, 2014 Pages 20-21, Lines 25 and 1-12 Undertake to provide the return of investment provision in currently approved taxi rates. |
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| U - 5 |
Date: November 7, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 7, 2014 Pages 21 and 22, Lines 14-25 and 1-7 Undertake to provide the return of investment approved for inclusion in Facility's miscellaneous and private passenger rates in Nova Scotia arising from the recent Board orders in that province. |
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| U - 6 |
Date: November 7, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 7, 2014 Page 22, Lines 9-19 Undertake to provide what return of investment the Facility Association submitted for approval to the Nova Scotia Board. |
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| U - 7 |
Date: November 7, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 7, 2014 Pages 21-32, Lines 22-24 and 1-9 Undertake to provide whether there are any rate distinctions in any of Facility Association jurisdictions currently. |
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| U - 8 |
Date: November 7, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Page 39, Lines 13-17 Undertake to provide a copy of the Plan of Operations. |
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| U - 9 |
Date: November 7, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Page 48, Lines 9-16 Undertake to provide how long both of these present rules have been in place in Newfoundland and Labrador. |
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U - 10
|
Date: November 7, 2014
Requested by: Consumer Advocate
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Page 52, Lines 2-14 Undertake to provide how many policy holders this rule change will impact and is this in place in other jurisdictions. |
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U - 11 and U - 12
|
Date: November 7, 2014
Requested by: Board Counsel Jacqueline Glynn
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Pages 107-108, Lines 11-24 and 1-6 Undertake to provide the basis for the selection for the 18 to 24 months period.
- Transcript Reference: November 7, 2014, Page 108, Lines 8-23Undertake to provide the basis for the selection for 48 to 54 months period. |
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U - 13
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Date: November 7, 2014
Requested by: Board Counsel Jacqueline Glynn
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Page 116, Lines 9-17 Undertake to provide the rate indication change for change in uninsiured automobiles. |
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U - 14
|
Date: November 7, 2014
Requested by: Board Counsel Jacqueline Glynn
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Page 125, Lines 10-18 Undertake to provide the impact that those changes have on the rate level indication. (for change in credibility standard and comprehensive and specified perils) |
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U - 15
|
Date: November 7, 2014
Requested by: Board Counsel Jacqueline Glynn
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Pages 130-131, Lines 17-25 and 1-24 Undertake to provide the trend period used in PUB-FA-23 and PUB-FA-24 as there is a discrepancy in the indication provided. |
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U - 16
|
Date: November 7, 2014
Requested by: Counsel for Applicant Kevin Stamp, Q.C.
Witness: S. Doherty
- Transcript Reference: November 7, 2014, Page 133, Lines 1-18 Undertake to provide the material on the Nova Scotia case dealing with the issue of ROI in the Nova Scotia context addressing the extent to which Nova Scotia allows a cost of capital of ROE. |
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U - 17
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Date: November 17, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: November 17, 2014, Pages 86-14, Lines 4-25; 1-16 and 1-14 Undertake to identify the commercial and private passenger trend rate reports in the last ten years where you did not use the ten and five year for bodily injuries. |
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U - 18
|
Date: November 17, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: November 17, 2014, Pages 121-122, Lines 16-25 and 1-21 Undertake to provide the 15 year analysis of the trend for the period ending December 2012 and also ending June 2012. |
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U - 19
|
Date: November 17, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: November 17, 2014, Page 122, Lines 23-25 Undertake to provide the same exercise for two periods, 1998 H1 - 2004 H1 and 2004 H2 to 2012 H2 for bodily injury. |
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U - 20
|
Date: November 17, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: November 17, 2014, Pages 169-171, Lines 4-25; 1-25 and 1-10 Undertake to provide a visual aid of the outliers. |
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U - 21
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Date: November 18, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: Nov 18, 2014, Page 38, Lines 10-15; Undertake to check the 2013 reports to see if you have identified there that you've reverted back to the dollar-value approach. |
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U - 22
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Date: November 18, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: Nov 18, 2014, Page 55, Lines 13-19; Undertake to provide the P-values and T-statistics for the separate review that you’ve done on frequency and severity for each of your regression analyses that you’ve produced. |
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U - 23 - Amended
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Date: January 5, 2015
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: Nov 18, 2014, Pages 55-56, Lines 24-25 and 1-9;
Undertake to verify that you never relied upon the percentage change approach for reports prepared for Nova Scotia. |
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U - 24
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Date: November 18, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: Nov 18, 2014, Page 71, Lines 1-7;
Undertake to review the report you produced to verify the expected proportion of claims that would have fallen under the deductible amount of $2,500. |
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U - 25
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Date: November 18, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: Nov 18, 2014, Page 85, Lines 7-14;
Undertake to confirm with GISA whether loss adjustments are based on accident year versus calendar year. |
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U - 26
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Date: November 18, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: Nov 18, 2014, Page 147, Lines 3-15;
Undertake to provide the P-values associated with the five-year period and ten- year periods under the actual values identified in Exhibit PE #5. |
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U - 27
|
Date: November 18, 2014
Requested by: Counsel for Applicant Jennifer Newbury
Witness: P. Elliott
- Transcript Reference: Nov 18, 2014, Pages 154-157;
Undertaking confirmed in writing from Legal Counsel Jennifer Newbury
For property damage and accident benefits: Provide the Loss Cost 15 year regressions on two periods: 1998-H1 to 2004 H-1 and 2004-H2 to 2012-H2 Include for the above:
• the fitted values, residuals, and projected values to 2015-H2;
• the fit statistics including R2 and the adjusted R2 and the P-value
• the charts showing the actual and fitted values 1998-H1 to 2015-H2 |
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U - 28
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Date: November 18, 2014
Requested by: Consumer Advocate Thomas Johnson
Witness: P. Elliott
- Transcript Reference: Nov 18, 2014, Pages 165-166; Lines 19-25 and 1-5 Undertake to provide the rate indication if the dollar value approach was used. |
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Final Submission
January 9, 2015 ~ FA Final Submission
January 9, 2015 ~ CA Final Submission
January 14, 2015 ~ CA Reply to FA Final Submission
January 14, 2015 ~ FA Reply to CA Final Submission
Board Orders
A.I. 11 (2015)
A.I. 15 (2015)
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