Acts and Regulations

I-12 - Insurance Act

Section 121.91
Disposition versions

Full text
Risk sharing pools
121.91(1)In this section
“risk sharing pool” means an arrangement under which some or all automobile insurers share, in whole or in part, specified risks.
121.91(2)The Lieutenant-Governor in Council may make regulations
(a) establishing, or requiring some or all automobile insurers to establish, one or more risk sharing pools;
(b) requiring some or all automobile insurers to participate in one or more risk sharing pools;
(c) respecting the management and operation of risk sharing pools, including risk sharing pools established voluntarily by automobile insurers.
2004, c.36, s.10