Category Archives: Automobile

Coping with uncertainty

(September 1, 2003) The goal of auto insurance reform discussions currently underway in most provinces is to bring down future claims costs enough to allow prices to fall. Continue reading

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Automobile insurance reforms focus on cost reductions and fairness to consumers

(August 26, 2003) Government of Newfoundland and Labrador: Insurance and Pensions Division: Automobile insurance reforms focus on cost reductions and fairness to consumers. Continue reading

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New York increases rates for high risk drivers

(August 8, 2003) Albany, N.Y. — The New York State Insurance Department has taken an important step toward the stabilization of automobile insurance rates by approving a statewide average rate increase of 19.7 percent for high-risk drivers insured through the state’s Automobile Insurance Plan. Continue reading

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NAIC releases report on state average auto premiums

(July 28, 2003) The National Association of Insurance Commissioners today released the State Average Expenditures & Premiums for Personal Automobile Insurance in 2001. The report provides estimated averages for state annual premiums per insured vehicle for passenger automobile insurance for the years 1997-2001. Continue reading

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The influence of the social pricing of insurance on road safety in British Columbia

(June 1, 2003) British Columbia has one of the highest motor vehicle collision rates in Canada. This paper reviews the theory and evidence of insurance pricing and motor vehicle collision risk. Continue reading

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