Legislative Assembly of New Brunswick
Status of Legislation - First Reading Bill
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+++ An Act to Amend the Insurance Act +

Legislature :
55
Session :
1
Bill No. :
7
Member :
Mr. Shawn Graham
First Reading :
2003-8-5
Second Reading :
Committee of the Whole :
Amended :
Third Reading :
Royal Assent :
Download PDF :
Bill 7

Text of Bill :
Her Majesty, by and with the advice and consent of the Legislative Assembly of New Brunswick, enacts as follows:



1                           The Insurance Act, chapter I-12 of the Revised Statutes, 1973, is amended by adding after subsection 267.9(1) the following:



267.9(1.1)   No insurer shall establish or implement a rating structure, charge rates or do anything that in the opinion of the Board discriminates based on the territory or part of the Province in which a policy is to be written.

 

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