May 03, 2024 08:26 (IST)
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Ontario Auto insurance premium increases again, a structural flaw in the system

Ontario Auto insurance premium increases again, a structural flaw in the system

Toronto, July 20 (IBNS): Approved rates posted by the Financial Services Commission of Ontario -- a regulatory agency of the Minister of Finance that regulates the automobile insurance of Ontario- has shown an average increase of 0.76 percent in the second quarter of 2017 while last quarter’s rates rose by an average of 1.24 percent, media reports said.