A.I. 1 (2000-2001)

 

 

 

 

IN THE MATTER OF THE AUTOMOBILE

INSURANCE ACT, CHAPTER A - 22,

R. S. N. 1990.

 

        AND

 

IN THE MATTER OF AN APPLICATION BY

National Frontier Insurance Company

TO IMPLEMENT RATES FOR ITS

COMMERCIAL CLASS OF BUSINESS.

 

 

 

 

WHEREAS by application received March 29, 2000, National Frontier Insurance Company applied to the Board for approval to implement a rating program for its Commercial class of business, and

 

WHEREAS, the Board, after due examination and analysis of the proposed rating program, finds that it should be approved as filed. 

 


IT IS THEREFORE ORDERED THAT:

 

1.                  Approval be and it is hereby granted National Frontier Insurance Company for the implementation of a rating program for its Commercial class of business with base rates as follows:              

Territory

        1

         2

       3

Third Party Liability

$ 716

$ 614

$ 614

Collision

160

178

196

Comprehensive

111

111

111

Specified Perils

 68

68

68

Accident Benefits

 29

29

29

Uninsured Motorist

13

13

13

                        and differentials as submitted with this filing.

 

 

2.                  The rates approved herein may not be altered or varied by the application of any surcharge or discount which has not been filed with and approved by the Board.

 

3.                  These rates shall be effective from April 15, 2000 for new business.

 

Dated at St. John's, Newfoundland, this 6th day of April, 2000.

 

 

                                                                                                                                                                                   

David A. Vardy

Chairperson

 

                                                              

Cheryl Blundon

Board Secretary


 

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