A.I. 49 (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. 23 (2001-2002) AND

IN THE MATTER OF A REQUEST RECEIVED FROM

TRADERS GENERAL INSURANCE COMPANY

TO AMEND THE IMPLEMENTATION DATES

OF THE PRIVATE PASSENGER AUTOMOBILE INSURANCE RATES

APPROVED BY THE WAY OF BOARD ORDER NO A.I. 23 (2001-2002)

 

 

 

 

 

WHEREAS, on May 16, 2001, the Board issued Order No A.I. 23 (2001-2002) Company approving a private-passenger automobile-insurance rating program for Traders General Insurance Company, and 

 

WHEREAS, the effective dates established by way of A.I. 23 (2001-2002) provided that the rates shall be effective June 1, 2001 for new business and no later than August 1, 2001 for renewals, and


 

WHEREAS, on May 24, 2001, the Board received a request by way of letter from Traders General Insurance Company to amend the implementation dates established by way of Board Order A.I. 23 (2001-2002) to July 1, 2001 for new business and to no later than September 1, 2001 for renewals, and

 

WHEREAS, the Board has reviewed the request and found it to be reasonable with the exception that the effective date for new business should be set at June 7, 2001.

 

 

 

IT IS THEREFORE ORDERED THAT:

 

 

Board Order No. A.I. 23 (2001-2002) be amended by deleting therefrom in its entirety, section 5. at page 5, and substituting the following:

 

5.         The rates established by way of this Order are to be implemented on June 7, 2001 for new business and no later than September 1, 2001 for  renewals.

 

 

Dated at St. John's, Newfoundland, this 6th day of June 2001.

 

 

 

                                                                 

Robert Noseworthy

Chairperson & Chief Executive Officer

 

 

 

                                                              

Darlene Whalen, P.Eng.

Vice-Chairperson

 

 

 

 

 

                                                           

Barbara Thistle,

Assistant Board Secretary

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