Saturday, April 18, 2015

Study claiming Ontarians overpay for auto insurance excludes carriers with negative return on equity

A recent study that concludes Ontario consumers "may have overpaid" $3 to $4 billion for auto insurance between 2001 and 2013 actually excluded the carriers with negative return on equity in Ontario auto, the Insurance Bureau of Canada and the Insurance Brokers Association of Ontario (IBAO) suggest.

More/source:
http://www.canadianunderwriter.ca/news/study-claiming-ontarians-overpay-for-auto-insurance-excludes-carriers-with-negative-return-in-equity/1003567346/

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