Quote:
Originally Posted by jolinar of malkshor
The insurance companies are making billions, I wouldn't see rates going way up as it should make money, any rates should only go up for crapy drivers.
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Not the P&C insurers in Canada.....Take for example the largest P&C insurer in Canada's latest earnings.....they lost 36.3 million....
http://www.newswire.ca/en/releases/a.../13/c2325.html
The perception is that they are making billions but the reality is that they are losing millions....