Acts and Regulations

I-12 - Insurance Act

Full text
Automobile insurance
75(1)Every licensed insurer that carries on the business of automobile insurance shall prepare and file with the Superintendent, or with such statistical agency as the Superintendent designates, a return respecting the experience of the insurer’s business at such time, in such form and containing such information as may be required by the Superintendent.
75(2)The Superintendent may require any agency so designated to compile the data so filed in such form as he approves; and the expense of making such compilation shall be apportioned among the insurers, whose data are compiled by such agency, by the Superintendent, who shall certify in writing the amount due from each insurer and the amount is payable by the insurer to the agency forthwith.
75(3)The provisions of subsections 74(2) and (3) apply, with appropriate changes, to this section.
1968, c.6, s.75; 1993, c.8, s.4; 2008, c.11, s.14
Records and returns
75(1)Every licensed insurer that carries on the business of automobile insurance shall prepare and file with the Superintendent, or with such statistical agency as the Superintendent designates, a return respecting the experience of the insurer’s business at such time, in such form and containing such information as may be required by the Superintendent.
75(2)The Superintendent may require any agency so designated to compile the data so filed in such form as he approves; and the expense of making such compilation shall be apportioned among the insurers, whose data are compiled by such agency, by the Superintendent, who shall certify in writing the amount due from each insurer and the amount is payable by the insurer to the agency forthwith.
75(3)The provisions of subsections 74(2), (3) and (5) apply, with appropriate changes, to this section.
1968, c.6, s.75; 1993, c.8, s.4