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Public auto insurers in Canada have historically operated on a not-for-profit basis. The exception is the Insurance Corporation of British Columbia (ICBC), which had its enabling legislation amended in 2010 to allow the provincial government to compel it to pay dividends into the provincial treasury. [1]
The original purpose of ICBC was to provide universal and affordable compulsory public auto insurance in British Columbia by operating on a non-profit basis. [3] [4] However, in March 2010, Christy Clark's BC Liberal government announced that it would require ICBC to pay the province dividends totaling some $778 million over three years, thus signaling the end of ICBC's operation as a non ...
President's Choice offers auto insurance and home insurance, underwritten through a broker model by a number of Canadian insurance companies, pet insurance, underwritten by SecuriCan General Insurance Company, and travel insurance by Travel Guard Canada as managing general underwriter and agent for American Home Assurance Company.
For many drivers looking to save, finding budget car insurance is a top priority. Per data from Quadrant Information Services, the average annual cost of car insurance is $2,542 for full coverage ...
Fire insurance company formed in Canada. Founded as the Nova Scotia Fire Insurance Association in 1809; incorporated as the Halifax Fire Insurance Company in 1819. Renamed the ING Insurance Company of Canada in 2002. Renamed the Intact Insurance Company in 2009. Ivari 1932 Toronto, Ontario Kent and Essex Mutual Insurance Company 1888 Chatham ...
Shares in British comparison website Money Supermarket rose 3.5% to a nine-day high on Thursday after Amazon.com said it was planning to shut its UK comparison site Amazon Insurance Store. "Over ...
MONY Group plc, trading as Money Supermarket, is a British company which specialises in technology-led money-saving platforms including several price comparison websites. The company enables consumers to compare prices on a range of products, including energy, car insurance , home insurance , travel insurance , mortgages , credit cards and loans .
Government-owned insurance companies of Canada (6 P) Pages in category "Auto insurance in Canada" The following 10 pages are in this category, out of 10 total.
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