Basic Autopac News Today

Manitoba Public Insurance confirmed today that it will be completing the previously announced transfer of funds from its non-compulsory Extension line of business to Driver and Vehicle Licensing to ensure the adequate funding of this line of business.

A road safety observation study commissioned last fall by Manitoba Public Insurance reports that non-seatbelt use is higher in rural Manitoba with 10 per cent…

About 200,000 COVID-19 rebate cheques are being sent to Canada Post this week, Manitoba Public Insurance announced today. In total, 680,000 cheques will be issued in coming weeks, for a total rebate amount of $312 million. Its expected all cheques will be mailed by mid-February.

The latest rebate cheques from Manitoba Public Insurance will be coming to your mailbox soon.

Manitoba Public Insurance (MPI) announced on Thursday that it is issuing its third rebate in less than two years.

Manitoba Public Insurance customers can expect a rebate cheque in mid-February 2022. This rebate of $312 million will result in about $328 rebated to an average private passenger policy. Its estimated about 578,000 cheques will be issued.

On December 15, 2021, the Public Utilities Board (PUB) issued its decision on Manitoba Public Insurance (MPI)s 2022/23 General Rate Application, which approves a 1.57 per cent rate decrease for policyholders as well as a rebate of approximately $312 million.

As the hearing of its General Rate Application before the Public Utilities Board opened recently, Manitoba Public Insurance presented updates to its provisional filing made earlier this year based on continued strong financial performance. This included requesting a rate decrease for a third year in a row and updating its separate application for a third customer rebate in a little more than a year.

Manitoba Public Insurance is steering the province's drivers toward a $335-million rebate, but a consumer advocacy group says drivers are still being shortchanged.

British Columbia As of May 1, British Columbia’s publicly owned auto insurance provider, ICBC, moved drivers to a no-fault system in an effort to reduce car insurance rates by roughly 20 per cent. Under a no-fault system, a driver receives accident benefits from their own insurance company for any claim, regardless of who is at fault for the collision. Insurance companies then assign a percentage of fault to each driver. Ontario, Nova Scotia, New Brunswick, Quebec, and Prince Edward Island al...