Re. Section 155G – Prior Approval – Private Passenger Vehicles Please find enclosed a 155G Prior Approval rate filing with an overall impact of 0%, effective August 15, 2026 for new business and renewals. The contents of this change includ...
AI summary A 155G Prior Approval rate filing for Private Passenger Vehicles, effective August 15, 2026, with 0% impact. Changes include underwriting/rating rule updates and corresponding rating manual revisions. Submission by Heartland Farm Mutual's Actuarial Services Manager, Steven Teng.
Section N-4: Underwriting/Rating Rule Changes
AI summary The section addresses proposed changes to underwriting and rating rules, though no specific details or arguments are provided in the given text. Key focus areas include regulatory adjustments impacting insurance or utility rating methodologies.
Comprehensive $500 Deductible Territory Bodily Injury Property Damage DCPD Accident Benefits Uninsured Auto Total Mandatory Coverages END 44 Collision Comprehensive Total Optional Coverages Total of Mandatory and Optional Halifax (B3H) Cur...
AI summary The document presents a comparison of current and proposed insurance coverage rates across multiple territories in Nova Scotia, including changes in mandatory and optional coverages such as Bodily Injury, Property Damage, and Comprehensive. The proposed rates show significant variations in percentage changes across different regions.