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.
Semi-annual Review
The AIRB conducts a semi-annual review to establish industry benchmarks to be used in the review of insurers’ rate filings of basic and additional coverage for private passenger vehicles. The semi-annual review benchmarks are based on data to June 30th of the prior year and are for filings submitted on or after April 1st of each year.
The semi-annual review is currently conducted for private passenger vehicles only.
The purpose of the semi-annual review is to ensure the AIRB industry benchmarks reflect the most current industry experience available. See the links below for information about the semi-annual review; they contain all relevant information and documents pertaining to that particular year.