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Newspaper
Chetwynd The Echo
Location
Chetwynd, British Columbia, Canada
Date
Dec 20, 1993
Page
4
ICBC president Bill McCourt said the insurer expects a positive income near 150 million in 1993 after losses in 1991 and 1992. He noted reserves were built to cushion drivers against major catastrophes and that a 3.2 percent rate increase in 1994 would move toward an 8 percent reserve target.
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