hordruma/ontario_laws_and_regs huggingface dataset:
1. (1) In this Regulation, “assessment period” means the period of time with respect to which the Lieutenant Governor in Council makes an assessment under section 25 of the Act; “insurance sector” means the persons referred to in clause (c) of the definition of “regulated sector” in section 1 of the Act; “property and casualty insurance” means insurance other than accident, sickness or life insurance. (2) Words and expressions defined in section 1 of the Insurance Act have the same meaning in this Regulation. (3) For the purpose of this Regulation, (a) an insurer’s direct premiums for a class of insurance in a year are the premiums paid to the insurer in the year for that class of insurance, other than premiums for that class of insurance paid to the insurer in the year under agreements for reinsurance; and (b) an insurer’s net premiums for a class of insurance in a year are the premiums paid to the insurer in the year for that class of insurance, including premiums for that class of insurance paid to the insurer in the year under agreements for reinsurance, less premiums for that class of insurance paid by the insurer in the year under agreements for reinsurance. (4) For the purposes of this Regulation, an evaluation was not commenced through the Ontario Insurance Commission or the Financial Services Commission of Ontario if it was conducted by a private neutral evaluator. O. Reg. 300/98, s. 1.
3. An insurer’s share of an assessment calculated under section 2 shall be increased by, (a) $1,000 for each evaluation to which the insurer is a party that is commenced through the Financial Services Commission of Ontario under section 280.1 of the Insurance Act during the assessment period; (b) $2,000 for each arbitration to which the insurer is a party that is commenced under section 282 of the Insurance Act during the assessment period, if an evaluation was commenced through the Ontario Insurance Commission or the Financial Services Commission of Ontario under section 280.1 of that Act before the issues in dispute were referred to the arbitrator; (c) $3,000 for each arbitration to which the insurer is a party that is commenced under section 282 of the Insurance Act during the assessment period, if an evaluation was not commenced through the Ontario Insurance Commission or the Financial Services Commission of Ontario under section 280.1 of that Act before the issues in dispute were referred to the arbitrator; (d) $500 for each appeal to which the insurer is a party that is commenced under section 283 of the Insurance Act during the assessment period; and (e) $500 for each application to which the insurer is a party that is commenced under section 284 of the Insurance Act during the assessment period. O. Reg. 300/98, s. 3.