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Fate of this province’s auto reform now in the hands of politicians

February 1, 2019 by David Gambrill

Newfoundland’s auto insurance regulator, the Public Utilities Board (PUB), has tabled a thorough, 186-page report on what ails the province’s auto insurance system – with no recommendations to fix it. The chair of the PUB told the hearings held on

News InsuranceLegislation / RegulationMarkets / Coverages

Regulator reminds public insurer of six outstanding orders

December 6, 2017 Jason Contant, Online Editor

Manitoba Public Insurance (MPI) is reviewing and intends to “fully comply” with outstanding directives in auto insurance and other matters issued by the province’s Public Utilities Board (PUB), an MPI spokesperson told Canadian Underwriter on Wednesday. PUB brought up the

News InsuranceLegislation / RegulationMergers and AqcuisitionsProducts

Government of Newfoundland and Labrador finalizes terms of reference for auto insurance review

August 16, 2017 by Canadian Underwriter

The provincial government announced on Tuesday that it has finalized the terms of reference for the automobile insurance review for Service NL and the provincial Board of Commissioners of Public Utilities (PUB). Government has directed PUB to begin its review

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and AqcuisitionsProducts

Government of Newfoundland and Labrador conducting comprehensive review of auto insurance system

July 5, 2017 by Canadian Underwriter

The Government of Newfoundland and Labrador has announced the start of a comprehensive review of the auto insurance system in the province. Perry Trimper, Minister of Service NL, announced the review in a statement on Tuesday. As part of the

News Earnings / RatingsInsurance

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

News Earnings / RatingsInsuranceMergers and Aqcuisitions

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