Added August 24, 2016: 2016 Annual Review - Private Passenger Vehicles - Audio Transcript of Open Meeting
Added August 16, 2016: 2016 Annual Review - Private Passenger Vehicles - Meeting Documents
Added August 16, 2016: Notice 04-2016: Fleet Definition Update
Added July 18, 2016: 2016 Annual Review - Commercial Vehicles - Notice and Preliminary Actuarial Report
Added July 5, 2016: Filing Decisions for 2nd Quarter of 2016
Updated and effective July 1, 2016: Filing Guidelines (Private Passenger and Other than Private Passenger)
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.