The Canadian Merit Rating Plan for Individual Automobile Risks [Discussion]

Automobile insurance rates have been a matter of great concern to both the Insurance Industry and the insuring public during the past few years. Many solutions have been proposed, but the one put forth most often is Merit Rating. Mr. Wittick’s paper on “The Canadian Merit Rating Plan For Individual Automobile Risks” is, therefore, very timely and of keen interest to most of us. He has presented to the Society a clear and concise description of what the present Canadian plan is and how it evolved over a number of years. In addition, Mr. Wittick has exhibited data which clearly substantiates the theory that risks which have produced claims are more likely to have losses in the following year than those which are claim free.