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2024 Annual Review

The AIRB conducts an annual review to establish industry benchmarks and assess insurance companies’ rate filings for private passenger vehicles (PPV).

Private Passenger Vehicles (PPV) Background Information - PPV Commercial Vehicles Background Information - Commercial Vehicles
Private Passenger Vehicles (PPV)

The AIRB has started its 2024 Annual Review process to analyze industry loss experience for PPV to establish industry benchmarks to assess insurance companies’ PPV rate filings for basic and additional coverage, effective October 1, 2024.

The AIRB is consulting with interested stakeholders as part of its Annual Review.

The Open Meeting will be held through a webinar on August 15, 2024.

Commercial Vehicles

The AIRB has started its 2024 Annual Review process to analyze industry loss experience for commercial vehicles and to establish industry benchmarks to assess insurance companies’ commercial vehicle rate filings for basic and additional coverage, effective October 1, 2024. The Board is consulting with interested stakeholders as part of its Annual Review.