A.I. 6 (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

CO-OPERATORS GENERAL INSURANCE COMPANY

FOR A REVISION  

TO ITS PRIVATE PASSENGER

AUTOMOBILE INSURANCE RATING PROGRAM

 

 

 

 

WHEREAS by application received April 11, 2000, Co-operators General Insurance Company submitted an application to the Board for approval to revise its private passenger automobile insurance rating program by way of the introduction of CLEAR rating groups for use with own-damages’ coverages, and

 

WHEREAS, the Board has adopted for use the CLEAR rating programs in its most-recent benchmark analysis.  


IT IS THEREFORE ORDERED THAT:

 

Approval be and it is hereby granted Co-operators General Insurance Company for the introduction of revisions to its private passenger automobile insurance rating program by introducing CLEAR rating groups for its own-damages’ coverages, effective June 1, 2000 for new business and June 10, 2000 for renewals.

 

Dated at St. John's, Newfoundland, this 30th day of May, 2000.

 

 

 

                                                           

Darlene Whalen, M.A.Sc., P. Eng.

Vice-Chairperson

 

 

                                                                                                                                               

G.  Fred Saunders

Commissioner

 

                                               

G. Cheryl Blundon

Board Secretary

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