Latest News
Added May 4, 2022: AIRB 2022-2025 Business Plan
Added March 25, 2022: Bulletin 02-2022 and documentation for AIRB 2022 Semi-Annual Review
Added March 8, 2022: 2021 AIRB Annual Report
Added January 28, 2022: Notice 01-2022 and documentation for AIRB 2022 Semi-Annual Review
Added January 20, 2022: Bulletin 01-2022 - Rating Profiles Revised
See the archive page for earlier updates.
Annual Review
Annual Review of Automobile Insurance Loss Experience
The AIRB conducts an annual review of automobile insurance loss experience to establish industry benchmarks to be used in the review of insurers' rate filings for basic and additional coverage for private passenger vehicles and commercial vehicles.
The annual review benchmarks are based on data to December 31 of the prior year and are for filings submitted on or after October 1 of each year. The private passenger vehicles industry benchmarks will also be used for the annual (January 1) adjustment to the Grid Rating program.
