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Most Recent Article
IBC says insurers made $4.2B in 04 Consumer Assoc. calls profit obscene
ANDREW FLYNN
TORONTO (CP) - Canada's auto, home and business insurers raked in profits of $4.2 billion last year and predicted that Canadian drivers will save a third of that total in premiums in 2005 because of the industry's improved finances.
The Insurance Bureau of Canada said Friday that the industry's 206 companies earned $4.2 billion in profits and paid out $20.6 billion i ...
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