I may be mistaken, but I believe the intent is to remove the surcharge currently being assessed against policies which are not in the Reinsurance Fund. That equates to $17 annually per policy.
Then, I believe they want to make rates for the higher risk drivers, who are in the Reinsurance Fund, consistent with their driving records and at fault accidents.
Remember, any attempt to alter rates must go before the Insurance Commission for approval. They can not just change rates without a public hearing.
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