Manitoba Public Insurance – 2017 General Rate Application
- Jun 17, 2016 Start date
- Closed Status
- None Intervenors
- None Presenters
- None Next hearing
- Application filed Jun 17, 2016 Completed
- Manitoba Public Insurance – 2017 General Rate Application – Public Participation – Doug Houghton Oct 26, 2016 Completed
- Closed Dec 15, 2016 Completed
Off air
Manitoba Public Insurance's 2017/18 General Rate Application (two rounds of information requests, intervener evidence, hearing exhibits, public participation); procedural Order 85/16; decided by Order 162/16.
Exhibit
| Title | Type | ||
|---|---|---|---|
| CMMG-5 – Winnipeg Free Press articles – The Markets on January 26, 2016 and October 17, 2016 | Oct 17, 2016 | Exhibit | |
| CAC-21 – Excerpts from the Alberta Utilities Commission – Decision 20622-D01-2016 – 2016 Generic Cost of Capital dated October 7, 2016 | Oct 7, 2016 | Exhibit | |
| PUB-11 – PUB Letter dated September 23, 2016 re Motions filed by Bike WInnipeg and Consumers’ Association of Canada (Manitoba) Inc. – Cancellation of Motions Hearing | Sep 23, 2016 | Exhibit | |
| CAC-5 – Withdrawal of Motion Filed – dated September 23, 2016 | Sep 23, 2016 | Exhibit | |
| MPI-3 – Revised time table featuring September 22, 2016 for Technical Conference | Sep 22, 2016 | Exhibit | |
| BW-6 – Motion Withdrawal by Bike Winnipeg – September 22, 2016 | Sep 22, 2016 | Exhibit | |
| MPI-22 – MPI Motion Brief Response to CAC dated September 21, 2016 | Sep 21, 2016 | Exhibit | |
| PUB-10 – PUB Letter dated September 19, 2016 re Motions filed by Bike Winnipeg and Consumers’ Association of Canada (Manitoba) Inc. | Sep 19, 2016 | Exhibit | |
| BW-5 – Bike Winnipeg Motion re Round 1 & Round 2 Information Requests – September 19, 2016 | Sep 19, 2016 | Exhibit | |
| BW-4 – Bike Winnipeg Motion re Round 1 & Round 2 Information Requests – September 16, 2016 | Sep 16, 2016 | Exhibit | |
| MPI-24 – Quarterly Financial Report – 2nd Quarterly – August 31, 2016 | Aug 31, 2016 | Exhibit | |
| MPI-6 – Interest Rate Forecasting Risk Factor – Presentation – Technical Conference – August 16, 2016 | Aug 16, 2016 | Exhibit | |
| MPI-7 – Interest Rate Forecast Issues – Presentation by Dr. Sean Cleary, CFA – August 16, 2016 | Aug 16, 2016 | Exhibit | |
| MPI-9 – Options for the IRFRF – Presentation – Technical Conference – August 16, 2016 | Aug 16, 2016 | Exhibit | |
| CAC-4-2 – Appendix B – MPI Options for the IRFRF – from August 16, 2016 Technical Conference | Aug 16, 2016 | Exhibit | |
| MPI-5 – Clean and Black lined versions of omissions and updates to the 2017 Application material filed on August 5, 2016 | Aug 5, 2016 | Exhibit | |
| MPI-2 – June 24, 2016 Letter from MPI to PUB in response to the Physical Damage Re-Engineering Re-evaluation | Jun 24, 2016 | Exhibit | |
| PUB-4 – Letter from Mr. Darren Christle dated June 20, 2016 | Jun 20, 2016 | Exhibit | |
| PUB-1 – Notice of Public Hearing and Pre-Hearing Conference issued by the Board and dated June 17, 2016 | Jun 17, 2016 | Exhibit | |
| PUB-19 – OSFI Guideline on Minimum Capital Testing (MCT) dated January 1, 2015 | Jan 1, 2015 | Exhibit | |
| BW-7 – CARSP Press Release dated November 9, 2014 | Nov 9, 2014 | Exhibit | |
| CAC-22 – Excerpts from an Article on Social Sciences – Performance of Survey Forecasts by Professional Analysts; Did the European Debt Crisis Make it Harder or Perhaps Even Easier? – Published on February 21, 2014 | Feb 21, 2014 | Exhibit | |
| PUB-2 – Board’s Rules of Practice and Procedure | Exhibit | ||
| PUB-3 – Proposed Hearing Timetable | Exhibit | ||
| PUB-5 – Transcript of Pre-Hearing Conference | Exhibit | ||
| PUB-12 – Public Utilities Board (PUB) to Consumers’ Association of Canada (Manitoba) Inc. (CAC) – Information Requests | Exhibit | ||
| PUB-13 – PUB Book of Documents | Exhibit | ||
| PUB-14 – 2016 MPI GRA Cost Containment Attachment A | Exhibit | ||
| PUB-15 – PUB/MPI 1-24 Information Request from the 2016 GRA | Exhibit | ||
| PUB-16 – PUB/MPI 2-25 Information Request from the 2016 GRA | Exhibit | ||
| PUB-17 – PUB/MPI 1-32 Information Request from the 2016 GRA | Exhibit | ||
| PUB-18 – Canadian Vision for Property & Casualty Insurer Solvency Assessment – December 2011 | Exhibit | ||
| MPI-4 – MPI Collaboration Timeline | Exhibit | ||
| MPI-8 – Interest Rate Forecast Risk by Dr. Sean Cleary, CFA submitted on behalf of Manitoba Public Insurance Corporation | Exhibit | ||
| MPI-10 – Effect of Flat Interest Rates on Net Income (assuming 2% Rate Increase – Match to Basic) | Exhibit | ||
| MPI-12 – Affidavit in the matter of advertising publications and Reminder Notice of Public Hearing | Exhibit | ||
| MPI-13 – Affidavit in the matter of public notice and confirmation of filing the 2017 General Rate Application | Exhibit | ||
| MPI-14 – Presentation of the CFO and CEO | Exhibit | ||
| MPI-15 – Further responses to Information Request, BW (MPI) 2-1 | Exhibit | ||
| MPI-16 – Further responses to Information Request, BW (MPI) 2-2 | Exhibit | ||
| MPI-17 – Alternate DCAT Report and Exhibits based on the 50/50 interest rate forecast | Exhibit | ||
| MPI-18 – Certain alternate ratemaking tables from Volume 2, Ratemaking, based ont he 50/50 interest rate forecast | Exhibit | ||
| MPI-19 – Alternate Volume III, AI.9, Actuarial Standards Compliance, based on the 50/50 interest rate forecast | Exhibit | ||
| MPI-20 – MPI’s rebuttal to the evidence of Mr. Valter Viola, Dr. Wayne Simpson, Ms. Andrea Sherry and the joint Simpson-Sherry Evidence | Exhibit | ||
| MPI-21 – Clean and Black-lined versions of a correction to page 35 of Volume I – Overview | Exhibit | ||
| MPI-22-1 – Attachment A to Motion Brief | Exhibit | ||
| MPI-22-2 – Attachment B to Motion Brief | Exhibit | ||
| MPI-23 – Presentation of CFO and Chief Actuary | Exhibit | ||
| MPI-25 – CMMG Pre Ask 3 – Bank of Canada overnight rate for each of the last ten (10) years | Exhibit | ||
| MPI-26 – CMMG Pre Ask 4 – List of PFAD’s that MPI uses | Exhibit | ||
| MPI-27 – Response to Undertaking #1 – Government of Canada – Ten Year bond yield movement | Exhibit | ||
| MPI-28 – Response to Undertaking #2 – Frequency and severity of the year-to-date motorcycle class experience | Exhibit | ||
| MPI-29 – Response to PUB Pre Ask #1 – Update to PUB/MPI 2-17 reflecting current bank forecast and Schedule of Forecasted interest rates and related pro-formas based on MPI’s 50/50 interest rate forecast proposal | Exhibit | ||
| MPI-30 – CMMG Pre Ask 1 – Return on investment percentages for the last 10 years | Exhibit | ||
| MPI-31 – CMMG Pre Ask 2 – Other auto insurers who use a ten year equally weighted period for calculation of required rates | Exhibit | ||
| MPI-32 – Response to Undertaking #4 – Updates to projections with respect to new interest rate forecasting approach | Exhibit | ||
| MPI-33 – Response to Undertaking #11- Commentary with respect to the observation that MPI’s premium average rate for a 35 year old couple is greater than St. John’s, Halifax, Charlottetown and Montreal | Exhibit | ||
| MPI-34 – Response to Undertaking #5 | Exhibit | ||
| MPI-35 – Response to Undertaking #6 | Exhibit | ||
| MPI-36 – Response to Undertaking #7 | Exhibit | ||
| MPI-37 – Response to Undertaking #12 | Exhibit | ||
| MPI-38 – Response to Undertaking #13 | Exhibit | ||
| MPI-39 – PUB Pre-Ask #2 – AON’s response to recommendations made by Mr. Viola | Exhibit | ||
| MPI-40 – Presentation of Jennifer Kroeker-Hall | Exhibit | ||
| MPI-41 – Jennifer Kroeker-Hall’s CV | Exhibit | ||
| MPI-42 – Presentation of Ward Keith | Exhibit | ||
| MPI-43 – Presentation of Julianna Spiropoulos | Exhibit | ||
| MPI-44 – Julianna Spriropoulos’ CV | Exhibit | ||
| MPI-45 – Presentation of Martin Geffen | Exhibit | ||
| MPI-46 – Martin Geffen’s CV | Exhibit | ||
| MPI-47 – Presentation of Dr. Sean Cleary | Exhibit | ||
| MPI-48 – Dr. Sean Cleary’s CV | Exhibit | ||
| MPI-49 – Response to Undertaking #23 | Exhibit | ||
| MPI-50 – Response to Undertaking #20 | Exhibit | ||
| MPI-51 – Response to Undertaking #17 | Exhibit | ||
| MPI-52 – Review of MPI’s Road Safety Program Model by Sirius Strategic Solutions Ltd. | Exhibit | ||
| MPI-53 – Response to Undertaking #8 | Exhibit | ||
| MPI-54 – Response to Undertaking #15 | Exhibit | ||
| MPI-55 – Response to Undertaking #18 | Exhibit | ||
| MPI-56 – Response to Undertaking #22 | Exhibit | ||
| MPI-57 – Response to Undertaking #16 | Exhibit | ||
| MPI-58 – Response to Undertaking #19 | Exhibit | ||
| MPI-59 – Response to Undertaking #24 | Exhibit | ||
| MPI-60 – Response to Undertaking #14 | Exhibit | ||
| MPI-61 – Response to Undertaking #29 | Exhibit | ||
| MPI-62 – Response to Undertaking #3 | Exhibit | ||
| MPI-63 – Response to Undertaking #25 | Exhibit | ||
| MPI-64 – Response to Undertaking #27 | Exhibit | ||
| MPI-65 – Response to Undertaking #10 | Exhibit | ||
| MPI-66 – Response to Undertaking #9 | Exhibit | ||
| MPI-67 – Response to Undertaking #21 | Exhibit | ||
| MPI-68 – Response to Undertaking #26 | Exhibit | ||
| MPI-69 – Revised CV of Dr. Sean Cleary | Exhibit | ||
| MPI-70 – Response to Undertaking #34 | Exhibit | ||
| MPI-71 – MPI Aid to Cross – Appendix I: Asset Class Risk/Reward Relationship – 2016 Rate Application- Investment Income – Attachment B | Exhibit | ||
| MPI-72 – Response to Undertaking #31 | Exhibit | ||
| MPI-73 – Response to Undertaking #32 | Exhibit | ||
| MPI-74 – Response to Undertaking #35 | Exhibit | ||
| MPI-75 – Response to Undertaking #37 | Exhibit | ||
| MPI-76 – Response to Undertaking #39 | Exhibit | ||
| MPI-77 – Response to Undertaking #41 | Exhibit | ||
| MPI-78 – Response to Undertaking #36 | Exhibit | ||
| MPI-79 – Response to Undertaking #38 | Exhibit | ||
| MPI-80 – Response to Undertaking #33 | Exhibit | ||
| MPI-81 – Office of the Superintendent of Financial Institutions Canada – Guideline for Minimum Capital Test for Federally Regulated Property and Casualty Insurance Companies (Excerpts) | Exhibit | ||
| MPI-82 – Actuarial Standards Board – June 2014 (Excerpts) | Exhibit | ||
| MPI-83 – Response to Undertaking #40 | Exhibit | ||
| MPI-84 – Response to Undertaking #30 | Exhibit | ||
| MPI-85 – Response to Undertaking #28 | Exhibit | ||
| MPI-86 – 2017 GRA MPI Closing Argument Presentation | Exhibit | ||
| MPI-87 – 2017 GRA MPI Closing Argument | Exhibit | ||
| BW-1 – Intervener Application Form | Exhibit | ||
| CAC-1 – Intervener Application Form | Exhibit | ||
| CAC-1-1 – Attachment A to Intervener Application – Preliminary Issues List of CAC Manitoba | Exhibit | ||
| CAC-1-2 – Appendix B – Brief over of Potential Witnesses | Exhibit | ||
| CAC-1-3 – Attachment C to Intervener Application – Budget | Exhibit | ||
| CAC-1-4 – CV of Valter Viola | Exhibit | ||
| CAC-1-5 – CV of Joel Alleyne | Exhibit | ||
| CAC-1-6 – CV of John O’Brien | Exhibit | ||
| CAC-1-7 – CV of Norman Dash | Exhibit | ||
| CAC-1-8 – CV of Wallace Pitt | Exhibit | ||
| CAC-4-1 – Appendix A to CAC Motion – News Stories | Exhibit | ||
| CAC-10 – CV of Dr. Wayne Simpson | Exhibit | ||
| CAC-12 – Opening Statement of CAC | Exhibit | ||
| CAC-14 – Excerpts from Transcripts of the 2015-16 GRA – Pages 1361-1365 | Exhibit | ||
| CAC-15 – Excerpts from Transcripts of the 2016-17 GRA – Pages 454-460 | Exhibit | ||
| CAC-16 – Excerpts from Transcripts of the 2014-15 GRA – Pages 986-993 | Exhibit | ||
| CAC-17 – Superintendent’s Minimum Capital Test Guideline – Ontario | Exhibit | ||
| CAC-18 – Excerpts from 2015/16 Saskatchewan Autofund Annual Report – pages 12, 13 & 67 | Exhibit | ||
| CAC-19 – Business Case – Expansion of Enhanced Enforcement Activities for Distracted Driving – from CAC/MPI I-109a Attachment C | Exhibit | ||
| CAC-20 – “Total Risk” – Slide from Holland Park | Exhibit | ||
| CAC-23 – Qualifications of Valter Viola | Exhibit | ||
| CAC-24 – Direct Testimony of Valter Viola | Exhibit | ||
| CAC-25 – Actuarial Ratemaking – Presentation by Andrea Sherry | Exhibit | ||
| CAC-26 – Using the DCAT to Address Risk – Presentation by Dr. Wayne Simpson | Exhibit | ||
| CAC-27 – A Just and Reasonable Balance – Closing Argument of the Public Interest Law Centre on behalf of the Consumers’ Association of Canada (Manitoba Branch) | Exhibit | ||
| CMMG-1 – Intervener Application | Exhibit | ||
| CMMG-4 – CMMG Pre-Asks | Exhibit | ||
| CMMG-6 – Excerpts from the Actuarial Standards of Practice | Exhibit | ||
| CMMG-7 – Wildlife Collision Study – August 2008 – U.S. Department of Transportation – Federal Highway Administration | Exhibit | ||
| CMMG-8 – CMMG/MPI I-7 Information Request from the 2016 GRA | Exhibit | ||
| CMMG-9 – CMMG/MPI 2-8 Information Request from the 2016 GRA | Exhibit | ||
| CMMG-10 – CMMG/MPI 2-9 Information Request from the 2016 GRA | Exhibit | ||
| Exhibit List | Exhibit |
Information Requests
| Title | Type | ||
|---|---|---|---|
| Round 1 IRs – Public Utilities Board (PUB) to MPI | Information Requests | ||
| Round 1 IRs – Bike Winnipeg (BW) to MPI | Information Requests | ||
| Round 1 IRs – Consumers’ Association of Canada (Manitoba) Inc. (CAC) to MPI | Information Requests | ||
| Round 1 IRs – Coalition of Manitoba Motorcycle Groups (CMMG) to MPI | Information Requests | ||
| Round 2 IRs – Public Utilities Board (PUB) to MPI | Information Requests | ||
| Round 2 IRs – Bike Winnipeg (BW) to MPI | Information Requests | ||
| Round 2 IRs – Consumers’ Association of Canada (Manitoba) Inc. (CAC) to MPI | Information Requests | ||
| Round 2 IRs – Coalition of Manitoba Motorcycle Groups (CMMG) to MPI | Information Requests |
Intervener Evidence
| Title | Type | ||
|---|---|---|---|
| A Note on an Interest Rate Forecast Risk Factor(IRFRF) and the RSR Target Established by the Dynamic Capital Asset Test(DCAT), authored by Dr. Wayne Simpson | Intervener Evidence | ||
| A Note on Rate Making in Accordance with Accepted Actuarial Practice in Canada and Impact of Investment (Discount) Rates, authored by Ms. Andrea Sherry | Intervener Evidence | ||
| A Report on Use of the DCAT to set the RSR Target Range, co-authored by Ms. Andrea Sherry and Dr. Wayne Simpson | Intervener Evidence | ||
| MPI’s Investment Portfolio, Risk, Return and Good Practice by Mr. Valter Viola | Intervener Evidence |
Public Presentations
| Title | Type | ||
|---|---|---|---|
| Doug Houghton October 26, 2016 | Oct 26, 2016 | Public Presentations |
Transcript
| Title | Type | ||
|---|---|---|---|
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – November 4, 2016 – Pages 2288 to 2407 (Pages 2288 to 2407) | Nov 4, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – November 2, 2016 – Pages 2111 to 2287 (Pages 2111 to 2287) | Nov 2, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – November 1, 2016 – Pages 1981 to 2110 (Pages 1981 to 2110) | Nov 1, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 28, 2016 – Pages 1791 to 1980 (Pages 1791 to 1980) | Oct 28, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 27, 2016 – Pages 1591 to 1790 (Pages 1591 to 1790) | Oct 27, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 26, 2016 – Pages 1420 to 1590 (Pages 1420 to 1590) | Oct 26, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 25, 2016 – Pages 1184 to 1419 (Pages 1184 to 1419) | Oct 25, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 24, 2016 – Pages 919 to 1183 (Pages 919 to 1183) | Oct 24, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 19, 2016 – Pages 770 to 918 (Pages 770 to 918) | Oct 19, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 18, 2016 – Pages 512 to 769 (Pages 512 to 769) | Oct 18, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 14, 2016 – Pages 271 to 511 (Pages 271 to 511) | Oct 14, 2016 | Transcript | |
| Manitoba Public Insurance – General Rate Application for the 2017 Insurance Year – Transcript – October 13, 2016 – Pages 1 to 270 (Pages 1 to 270) | Oct 13, 2016 | Transcript |
Take part in this proceeding
Two ways for the public to be heard.
| Order | Type | Description | ||
|---|---|---|---|---|
| 162/16 | Dec 15, 2016 | General | Manitoba Public Insurance Corporation (MPI or the Corporation): Compulsory 2017/2018 Driver and Vehicle Insurance Premiums and Other Matters | |
| 85/16 | Jul 12, 2016 | General | Manitoba Public Insurance Corporation: Procedural Order (2017/18 Rates and Premiums for Compulsory Driver and Vehicle Insurance), Timetable for a Public Hearing, Approval of Interveners and Approval of Issues |
Past
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Manitoba Public Insurance – 2017 General Rate Application – Public Participation – Doug Houghton
| Title | Archived | Type | ||
|---|---|---|---|---|
| Manitoba Public Insurance Corporation – 2017 General Rate Application – Reminder Notice of Public Hearing | Sep 10, 2016 | Archived | Public Notice | |
| Manitoba Public Insurance Corporation – 2017 General Rate Application – Notice of Hearing and Pre-Hearing Conference | Jun 17, 2016 | Archived | Public Notice |