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Manitoba PUB approves 45 percent May rebate for vehicle premiums
The Public Utilities Board sided with Manitoba Public Insurance to award a 45 percent rebate of the 2009/10 vehicle premiums. The average May ratepayer will get about 450 dollars, totaling 320 million in returns, paid by May 31 after the audited 2010/11 financial state. The rebate stems from Ernst & Young actuarial review of the corporation's claims reserves and supports the Personal Injury Protection Plan goals of rate stability and protection for injured drivers.
MENTIONED IN THIS ARTICLE
Public Utilities Board
PUB
Ernst &Young
Manitoba Public Insurance