Ten Years of Rates and Rating Bureaus in Ontario, Applied to Automobile

At the last annual meeting of the Society the writer was privileged to read a paper on this subject now printed in Proceedings, No. 39, Volume XIX, Part 1, pages 22-64, November, 1932. The nature of the subject and printing space limitation rendered it impossible then to describe in detail the precise nature of the actuarial and statistical research undertaken by the Ontario Royal Commission of 1929-1930 or the result of the Commission's work as reflected in the administration of the new law respecting automobile loss-cost experience data since it became effective three years ago. It has been suggested to me that it would be valuable if, accordingly, a second Part could now be written dealing more particularly with the technical aspects of the rate inquiry of 1929-1930 and describing the research work undertaken by the Ontario Insurance Department in the administration of the new Act during t h e past three years, together with the rulings and decisions given, for which the writer, as the casualty actuary of the Department, has been largely responsible. This the writer has now found it possible to do and it is with pleasure that the following is submitted as Part II of the original paper.