A.I. 8 (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
TRADERS GENERAL INSURANCE COMPANY
SEEKING REVISIONS
TO
ITS PRIVATE PASSENGER
AUTOMOBILE
INSURANCE RATING PROGRAM
WHEREAS by
application received April 13, 2000, Traders General Insurance Company applied
to the Board to amend its private passenger automobile insurance rating program
by adopting the benchmark differentials for its Class 05 and Class 06
occasional operators, and for approval of a six star protection enhancement to
its automobile insurance policy, and
WHEREAS,
the Board has reviewed the proposed changes and has found that they should be
approved as filed.
IT IS THEREFORE ORDERED THAT:
Approval be and it is hereby
granted Traders General Insurance Company for the adoption of the benchmark
differentials for its Class 05 and Class 06 underage operator classifications,
and for the introduction of a six star protector enhancement to its private
passenger automobile insurance policy at a charge of $20 per eligible vehicle
and $20 per eligible occasional, underage operator, effective June 1, 2000 for
new business and July 1, 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