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Manitoba Public Insurance seeks 2.7 percent rate rise for 2018 19
MPI asks the Public Utilities Board to approve a 2.7 percent overall rate increase for the 2018 19 insurance year. MPI cites prudent cost containment and a modest rise despite acknowledging hail damage contributing to a net operating loss of 85.2 million dollars. The Crown corporation notes climate driven weather shifts and contemplates private sector options or hail specific insurance.
MENTIONED IN THIS ARTICLE
Manitoba Public Insurance
Public Utilities Board
MPI
Dan Guimond
Crown Corporation
GEICO