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MPI seeks rate hike amid rising accident costs in Manitoba
Manitoba Public Insurance reports a 22.6 million net loss for the last year and seeks a 2.5 percent premium increase from the Public Utilities Board. About 63 percent of drivers would see higher rates up to 50, with average vehicles up about 2.9 percent. Motorcyclists face a 20 percent rise for most bikes, following last year’s 15 percent increase.
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Manitoba Public Insurance
MPI
Public Utilities Board
Manitoba