As I assume the role of Chair of CARR, in this our 10th full year as an Association, I want to thank the organizers and the attendees for yet another great conference in Montreal, Quebec. The Annual Conference along with the Spring Training session are cornerstones for this great Association. The fellowship, exchange of ideas and networking are the keys to keeping CARR vibrant and to help advance automobile insurance rate regulation in Canada.
The Information, Training and Communications (ITC) Committee is very busy planning for the 2017 Spring Training session. This gathering provides an excellent opportunity to exchange and improve knowledge and understanding of rate regulations and general trends in the industry. Staff have the chance to network and form strong relationships that can be drawn upon, for example, by picking up the phone to discuss a novel issue with a colleague in another jurisdiction. I believe this is one of the strongest benefits of the Association. The ITC has many other initiatives on the go including the development of an Education Tool Manual for use by jurisdictions as well as helping plan the Annual Conference in 2017 in St. John’s, NL.
Building off the valuable feedback provided from its survey of the industry regarding rate regulations, the Research Committee has developed a plan to work towards the goal of harmonization of rate filing requirements. Short term focus will be placed on CLEAR filings, rate manual updates, and guidance for mergers and acquisitions, while the longer term focus will be on major filing requirements and other simplified filing requirements. The Committee believes these measures will be viewed positively by industry and all jurisdictions are committed to move this forward. The Committee will continue to meet regularly to discuss common issues across jurisdictions and regulatory approaches. The jurisdictional updates often lead to useful output from the group.
CARR would not succeed without the commitment of the members of the Association and their staff who, often in addition to the regular duties, work tirelessly in support CARR initiatives. I would be remiss if I did not to thank them for their efforts and support.
At our last Annual Meeting, the following appointments were made to CARR’s Executive Committee:
- Chair, Barry Cotnam, Nova Scotia Utility and Review Board
- Vice Chair, Ryan Oake, Newfoundland and Labrador Public Utilities Boa
- Treasurer, Kevin Duff, New Brunswick Insurance Board
- Secretary, Anh Nguyen, Nova Scotia Utility and Review Board
- Immediate Past Chair, Darlene Hall, Financial Services Commission of Ontario
- Del Dyck, Alberta Automobile Insurance Rate Board
- Leon Cheung, British Columbia Public Utilities Commission
- Darren Christle, Manitoba Public Utilities Board
- Allison MacEwen, Island Regulatory and Appeals Commission
- Al Johnston, Saskatchewan Rate Review Panel
I look forward to working with all of you over my first term as Chair, as we seek to enhance our knowledge and improve regulatory processes.
Barry Cotnam, Chair