Added January 3, 2017: Filing Decisions for 4th Quarter of 2016.
December 21, 2016: AIRB Circular 01-1990 has been amended. See: Driving at an Unreasonable Rate of Speed Conviction (amended circular). The original circular is also available: Surchargeable Convictions
Annual Review of Automobile Insurance Loss Experience
The AIRB conducts an annual review of automobile insurance loss experience to establish industry benchmarks to be used in the review of insurers' rate filings for basic and additional coverage for private passenger vehicles and commercial vehicles.
The annual review benchmarks are based on data to December 31 of the prior year and are for filings submitted on or after October 1 of each year. The private passenger vehicles industry benchmarks will also be used for the annual (January 1) adjustment to the Grid Rating program.
- 2016 Annual Review: Private Passenger Vehicles and Commercial Vehicles
- 2015 Annual Review: Private Passenger Vehicles
- 2014 Annual Review: Private Passenger Vehicles
Prior to July 1, 2014 - Annual Industry-wide Adjustment
Effective July 1, 2014, a new Automobile Insurance Premiums Regulation came into effect which eliminated the annual industry-wide adjustment.