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Manitoba Public Insurance announces higher third party auto liability coverage, up to $10 million

February 27, 2017 by Canadian Underwriter

Manitoba Crown Services Minister Ron Schuler and Manitoba Public Insurance (MPI) announced on Monday that customers in the province will soon be able to purchase higher levels of third party liability insurance coverage. Effective March 1, new $7 and $10

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MPI posts $3.6 million net loss for first nine months of current fiscal year

January 30, 2017 by Canadian Underwriter

Manitoba Public Insurance (MPI) has recorded a net loss for the first nine months of its fiscal year ending Nov. 30, 2016, compared to posting net earnings for the same period one year earlier. MPI saw a net loss of

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Vehicle owner addresses to be removed from registration cards to protect privacy: Manitoba Public Insurance

January 18, 2017 by Canadian Underwriter

Manitoba Public Insurance (MPI) announced on Tuesday that it will be implementing a system change to remove the printing of registered owner addresses on non-commercial vehicle registration cards. Manitoba Crown Services Minister Ron Schuler announced the change “in the interest

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2016 deadliest year on Manitoba roads in a decade: MPI

January 12, 2017 by Canadian Underwriter

Manitoba Public Insurance (MPI) reported on Wednesday that it has recorded the deadliest year on provincial highways in a decade. Based on preliminary data, there were 101 fatal collisions on public roadways in Manitoba in 2016, resulting in the deaths

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Manitoba Public Utilities Board approves 3.7% “over-all” general rate increase for Basic compulsory motor vehicle premiums

December 19, 2016 by Canadian Underwriter

The Manitoba Public Utilities Board (PUB) announced on Friday that it has approved a 3.7% “over-all” general rate increase for Basic compulsory motor vehicle premiums in the province, effective March 1, 2017. “The Board found that on the evidence before

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Seatbelt compliance rate in rural Manitoba drops slightly in new driver study

November 24, 2016 by Canadian Underwriter

While a recent observational driver study found the average seatbelt compliance rate in rural Manitoba was 94.7%, more than 600 people were still not wearing a seatbelt, Manitoba Public Insurance (MPI) reported on Thursday. The study, conducted in October by

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Insurance Institute of Canada presents awards to Silvy Wright and Ted Teterenko

November 23, 2016 by Canadian Underwriter

The Insurance Institute of Canada (IIC) has awarded Silvy Wright, president and CEO of Northbridge Financial Corporation, an Honorary Chartered Insurance Professional (HCIP) designation and presented IIC volunteer Ted Teterenko with an Award of Merit. In awarding Wright (pictured right)

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Manitoba Public Insurance reports $30.9 million net loss for first six months of fiscal year

October 14, 2016 by Canadian Underwriter

Manitoba Public Insurance (MPI) has reported a net loss of $30.9 million for the six months of its fiscal year ending Aug. 31 – a decrease of $47.4 million over the same time period last year. This includes net loss

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Manitobans taking advantage of low-interest Winter Tire Program

October 6, 2016 by Canadian Underwriter

The Government of Manitoba’s goal to enhance road safety is advancing with the announcement that 53,000-plus loans have been processed for provincial residents taking advantage of the low-interest Winter Tire Program. Helping Manitobans equip their vehicles with snow tires, the

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Q1 claims costs up 48.1% at Manitoba Public Insurance

July 19, 2016 by Canadian Underwriter

Manitoba Public Insurance Corp., the crown corporation that writes auto insurance in the province, reported Friday its underwriting loss was $33.8 million during the three months ending May 31. MPI had reported underwriting income of $40.73 million in the three

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Manitoba Public Insurance seeks 2% basic auto rate increase after “unprecedented” claims payouts

June 17, 2016 by Canadian Underwriter

Manitoba Public Insurance (MPI) said on Friday that it has asked the Public Utilities Board for a 2% increase to Basic Autopac rates, citing an “unprecedented” year for comprehensive (non-collision) claims payouts. Basic Autopac is an all-perils coverage that insures