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Newspaper
Hamiota Echo
Location
Hamiota, Manitoba, Canada
Date
Jan 08, 1991
Page
15
MPIC outlines unaudited year end figures showing rising claims costs as a major factor in the 1989 90 financial results. The fourth quarter statement for the year ended October 31 1990 covers the Automobile Insurance Division and related impacts.
Todd Smith and Darren Smith visited with parents in North Dakota during Christmas. Ron Knight and family celebrated in their new home with Airdrie Knight’s relatives for New Years. MPIC reported net income of 9.9 million amid higher claims costs. bodily injury claims rose to 16 300, claims costs 305.1 million. General Insurance Division net income 11.1 million with 9.8 million from SRE business. Discontinued operations, including personal and commercial lines, yielded 1.3 million in consolidated net income.
George Joseph Bighetty known as Shorty, 79, was beaten to death in Eldon Park, Lynn Lake, after being last seen at the Gordon Hotel on July 9 1983. A Timex watch and Harley Davidson jacket were found near the scene. RCMP seek tips via Crime Stoppers offering up to 2000 cash reward.
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