MPI employees’ job action: What it means for brokers
August 29, 2023 by David GambrillManitoba brokers are reporting no issues thus far servicing their auto insurance clients, as the Manitoba Public Insurance (MPI) workers’ job action enters its second day. “We at IBAM [Insurance Brokers Association of Manitoba] hope for a speedy resolution that’s…
MPI announces new interim CEO and president
May 23, 2023 by David GambrillMarnie Kacher is now interim president and CEO of Manitoba Public Insurance (MPI) while the province’s public auto insurer begins recruiting for a permanent leader. “MPI is an important Crown corporation and I want to thank Marnie Kacher for taking…
Catalytic converter theft: a growing problem for auto insurers
July 29, 2022 by Jason ContantManitoba Public Insurance (MPI) is warning consumers about the need to protect their vehicles from catalytic converter theft as reports of this type of crime have significantly increased in recent months. According to MPI claims data, the public insurer has…
Auto insurer seeks fourth consecutive rate decrease
July 20, 2022 by Jason ContantManitoba Public Insurance (MPI) is requesting a small average auto insurance rate decrease, its fourth consecutive annual rate-decrease request. It filed a provisional 2023/24 general rate application with Manitoba’s Public Utilities Board last week, requesting an average rate decrease for…
Some motorists still consider seatbelts optional, survey finds
February 25, 2022 Philip PoradoInsurers and law enforcement professionals agree that motorists need to buckle their seat belts and hang up their phones while behind the wheel. But, despite years of consistent messaging, not everyone is on board. Drivers in rural Manitoba are more…
Auto insurer issues third COVID rebate
January 11, 2022 by Jason ContantManitoba Public Insurance (MPI) is issuing its third COVID-19 auto insurance rebate in less than two years. The latest rebate totalling $312 million equals about $328 on an average private passenger policy, MPI said in a press release Dec. 30,…
Public auto insurer’s Top 5 fraud cases of 2021
January 6, 2022 by Jason ContantA phony kidnapping and a driver who was travelling nearly three times the speed he reported to investigators were among Manitoba Public Insurance (MPI)’s Top 5 auto fraud cases of 2021. Last year, MPI’s Special Investigation Unit (SIU) closed nearly…
Loan program helps Manitobans get better traction
December 7, 2021 Canadian Underwriter StaffClients telling you they can’t afford winter tires? Manitoba Public Insurance (MPI) administers a loan program to help get drivers the cash, and the traction, they need. Loan terms last up to four years at prime plus 2% and up…
How UBI could empower your client
November 19, 2021 by Jason ContantUsage-based insurance (UBI) empowers the customer and takes a lot of the complexity out of the insurance product, a speaker said Wednesday during KPMG’s 30th annual insurance conference. “Personally, I love the idea of usage-based insurance and telematics,” Celyeste Power, chief strategy officer…
Public auto insurer applies for rate decrease, customer rebate
October 21, 2021 by Jason ContantManitoba Public Insurance (MPI) has adjusted its general rate application and is requesting a 1.2% rate decrease along with a $335 million rebate to customers. MPI recently applied to the Manitoba Public Utilities Board (PUB) for a provisional 2.8% rate…
How much claims costs decreased for one insurer
September 30, 2021 by Jason ContantManitoba Public Insurance (MPI) is reporting a 27% decrease in claims costs in the first quarter of 2021 compared to a year ago, primarily as a result of less vehicles on the road due to the COVID-19 pandemic. Claims costs…
Did loosening COVID restrictions contribute to more serious accidents?
July 21, 2021 by Jason ContantStatistics from Manitoba Public Insurance (MPI) show a definitive link between the lifting of COVID-19 public health orders and an increase in serious collisions and fatalities on roads in the province. Throughout the pandemic, Canadian Underwriter has reported auto insurer…