Decisions and Approvals


Decisions are issued further to a hearing. A hearing of the Board is only required in specific circumstances. Pursuant to the Insurance Act:

267.51(1)An insurer shall appear before the Board where the insurer

(a) files rates more than twice in a period of 12 months, or

(b) files rates where the average rate increase is more than 3% greater than the rates charged by it in the 12 months before the date on which it proposes to begin to charge the rates.


Approvals are issued but not published for all other filings that are reviewed by the Board but do not require a hearing.


Quarterly Decisions and Approvals for Private Passenger Vehicles

Company NameDecision or ApprovalRelease DateApproved Average Rate ChangeEffective New Business DateEffective Renewal Business Date
XL Specialty Insurance CompanyApprovalApril 16, 20250.00%June 1, 2025June 1, 2025
Wawanesa Mutual Insurance Company, TheDecisionApril 22, 202510.34%July 1, 2025July 1, 2025
Sovereign General Insurance Company, TheApprovalMay 8, 20250.00%May 8, 2025May 8, 2025
Primmum Insurance CompanyDecisionMay 9, 202515.53%August 8, 2025September 30, 2025
Security National Insurance CompanyDecisionMay 9, 20257.31%August 8, 2025September 30, 2025
TD Home and Auto Insurance CompanyDecisionMay 9, 20255.54%August 8, 2025September 30, 2025
Liberty Insurance Company of CanadaApprovalMay 16, 20250.00%August 1, 2025August 1, 2025
Definity Insurance CompanyDecisionMay 28, 20253.98%July 1, 2025September 4, 2025
Sonnet Insurance CompanyDecisionMay 28, 20255.77%July 1, 2025August 15, 2025
Wawanesa Mutual Insurance Company, TheApprovalJune 3, 20250.00%June 3, 2025June 3, 2025
Certas Home and Auto Insurance CompanyApprovalJune 23, 20250.00%June 23, 2025June 23, 2025
Personal Insurance Company, TheApprovalJune 23, 20250.00%June 23, 2025June 23, 2025
Company NameDecision or ApprovalRelease DateApproved Average Rate ChangeEffective New Business DateEffective Renewal Business Date
Promutuel de l'EstuaireApprovalJanuary 13, 20250.00%April 1, 2025May 1, 2025
Belair Insurance Company Inc.DecisionJanuary 24, 20254.20%February 20, 2025April 21, 2025
Zenith Insurance CompanyApprovalJanuary 29, 20252.93%July 6, 2025August 6, 2025
Belair Insurance Company Inc.ApprovalFebruary 7, 20250.00%February 7, 2025February 7, 2025
Aviva General Insurance CompanyApprovalFebruary 18, 20253.00%June 1, 2025June 1, 2025
Aviva Insurance Company of CanadaApprovalFebruary 18, 20253.00%June 1, 2025June 1, 2025
Traders General Insurance CompanyApprovalFebruary 18, 20253.00%June 1, 2025June 1, 2025
Certas Home and Auto Insurance CompanyDecisionFebruary 25, 202518.18%April 15, 2025June 14, 2025
CHUBB Insurance Company of CanadaApprovalFebruary 26, 2025-8.45%July 1, 2025July 1, 2025
Federated Insurance Company of CanadaApprovalFebruary 26, 2025-4.66%May 26, 2025July 11, 2025
Northbridge General Insurance CorporationApprovalFebruary 26, 20250.29%May 26, 2025July 11, 2025
Tokio Marine & Nichido Fire Insurance Co., Ltd.ApprovalFebruary 26, 20250.00%May 26, 2025July 11, 2025
Verassure Insurance CompanyApprovalFebruary 26, 20250.00%May 26, 2025July 11, 2025
Continental Casualty CompanyApprovalMarch 3, 20250.00%July 1, 2025July 1, 2025
Hartford Fire Insurance CompanyApprovalMarch 3, 20250.00%July 1, 2025July 1, 2025
Insurance Company of Prince Edward IslandApprovalMarch 7, 20252.93%September 1, 2025September 1, 2025
CAA Insurance CompanyDecisionMarch 14, 20259.50%May 1, 2025June 15, 2025
Personal Insurance Company, TheDecisionMarch 14, 202517.86%April 15, 2025June 14, 2025
CUMIS General Insurance CompanyApprovalMarch 18, 20251.72%October 1, 2025October 1, 2025
Co-operators General Insurance CompanyApprovalMarch 18, 20252.92%November 19, 2025December 19, 2025
Allstate Insurance Company of CanadaApprovalMarch 27, 20252.99%October 5, 2025November 5, 2025
Pafco Insurance CompanyApprovalMarch 27, 2025-0.01%October 5, 2025November 5, 2025
Pembridge Insurance CompanyApprovalMarch 27, 20252.99%October 5, 2025November 5, 2025
Company NameDecision or ApprovalRelease DateApproved Average Rate ChangeEffective New Business DateEffective Renewal Business Date
Intact Insurance CompanyApprovalOctober 10, 20243.00%March 4, 2025April 3, 2025
Dominion of Canada General Insurance Company, TheApprovalNovember 27, 20240.00%November 27, 2024November 27, 2024
United General Insurance CorporationApprovalNovember 27, 20242.98%April 1, 2025April 1, 2025
Sompo Japan Insurance Inc.ApprovalDecember 11, 20240.00%June 1, 2025June 1, 2025
Company NameDecision or ApprovalRelease DateApproved Average Rate ChangeEffective New Business DateEffective Renewal Business Date
Facility AssociationApprovalJuly 4, 20242.40%November 1, 2024November 1, 2024
Promutuel de l'EstuaireApprovalJuly 15, 20240.00%July 15, 2024July 15, 2024
Definity Insurance CompanyApprovalJuly 17, 20240.00%July 17, 2024July 17, 2024
Echelon General Insurance CompanyApprovalJuly 17, 20242.77%March 1, 2025March 1, 2025
Sonnet Insurance CompanyApprovalJuly 17, 20240.00%July 17, 2024July 17, 2024
Dominion of Canada General Insurance Company, TheDecisionJuly 31, 20249.04%December 17, 2024January 19, 2025
Allstate Insurance Company of CanadaDecisionAugust 16, 20249.75%October 5, 2024November 5, 2024
Pembridge Insurance CompanyDecisionAugust 16, 202410.25%October 5, 2024November 5, 2024
Portage la Prairie Mutual Insurance Company, TheApprovalAugust 29, 20240.00%August 29, 2024August 29, 2024
Pafco Insurance CompanyDecisionSeptember 5, 20243.79%October 5, 2024November 5, 2024

[1] - This Insurer is adopting the most recently approved IAO rates. IAO Actuarial Consulting Services Inc. (IAO) is an organization that develops automobile insurance rates for the insurance industry. As such, IAO does not write any insurance policies, but develops rates for private passenger, commercial, miscellaneous and interurban vehicles. At the request of the Board, those rates are submitted for approval. Once approved by the NBIB, insurance companies with smaller lines of business or new entrants to the market may adopt IAO rates for their own use. Typically, these smaller companies do not have enough experience data to develop rates per the Board’s filing guidelines.

See Annual Reports for previous decisions and approvals
Quarterly reports will be released 45 days following the end of the quarter.