Manitoba Public Insurance requests 2.38 per cent auto rate increase

Manitoba Public Insurance has asked the Public Utilities Board for a 2.38 per cent increase to auto insurance rates next year to contend with forecasted claims costs, operating costs, and investment income.

MPI filed the application with the PUB Wednesday. In a news release, the Crown corporation said recent extreme weather in Manitoba did not influence the request for the 2027/28 insurance year.

Last year the PUB denied MPI’s 2.07 per cent rate increase, and authorized a 1.77 per cent increase, which translated to an, on average, increase of $21 to ratepayers.