Keyword
Public Utilities Board
Ridesharing company expresses interest in Manitoba following time band controversy
January 23, 2018 by Jason ContantManitoba’s Public Utilities Board (PUB) has not received any appeals to its order relating to a unique “time band” approach to insuring ridesharing in Winnipeg, a PUB spokesperson told Canadian Underwriter on Monday. “My guess is that the applicant [Manitoba…
Provincial board approves new ride-hailing insurance rates
January 16, 2018 The Canadian PressWINNIPEG – Manitoba’s Public Utilities Board has approved new insurance rates for ride-hailing company drivers that businesses such as Uber and Lyft have said will keep them setting up shop in Winnipeg. The board has given approval to a Manitoba…
Minor injury caps coming to Newfoundland?
November 17, 2017 Greg Meckbach, Associate EditorBrokers placing auto insurance in Newfoundland and Labrador should get in touch with politicians to put an ongoing review on their radar screen, and to let Insurance Bureau of Canada know whether they have any ideas on how to fix…
Government of Newfoundland and Labrador conducting comprehensive review of auto insurance system
July 5, 2017 by Canadian UnderwriterThe 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…
Manitoba Public Insurance requests 2.7% overall rate increase for 2018/19 insurance year
June 19, 2017 by Canadian UnderwriterManitoba Public Insurance (MPI) has announced that it has requested a 2.7% overall rate increase for the 2018/19 insurance year. MPI requested the rate increase for the 2018/19 insurance year in its general rate application filed with the Public Utilities…
MPI posts $3.6 million net loss for first nine months of current fiscal year
January 30, 2017 by Canadian UnderwriterManitoba 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…
Manitoba Public Utilities Board approves 3.7% “over-all” general rate increase for Basic compulsory motor vehicle premiums
December 19, 2016 by Canadian UnderwriterThe 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…
Manitoba Public Insurance reports $30.9 million net loss for first six months of fiscal year
October 14, 2016 by Canadian UnderwriterManitoba 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…
Manitoba Public Insurance seeks 2% basic auto rate increase after “unprecedented” claims payouts
June 17, 2016 by Canadian UnderwriterManitoba 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…