Friday, November 28, 2008

Canadian auto insurance rate regulators establish CARR Association

Auto insurance rate regulators across the country have established the Canadian Auto Insurance Rate Regulators (CARR) Association.
"Our vision is to be a recognized inter-jurisdictional Canadian association for automobile insurance rate regulators working together to improve rate regulation processes,” said association chairman Harry Gough, currently the vice chair of the Alberta Auto Insurance Rate Board.
The CARR Association was formally established at the 2008 Canadian Automobile Insurance Rate Regulators (CARR) Conference, held late this year in Banff, Alberta.
"The conference had been the product of a common desire among automobile insurance rate regulators to have a forum where they could discuss topics of concern and share expertise exclusive to automobile insurance rate regulators," according to a release issued by the CARR Conference.
At the inaugural 2007 conference, a desire was expressed to form an insurance rate regulators association, which later evolved into the CARR Association.
Apart from naming Gough as chairman, the CARR Association named Paul D’Astous as its vice chair. D'Astous is currently chairman and CEO of the New Brunswick Insurance Board.
Six other representatives from across Canada were given positions on the CARR Association's board.

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