Canuck

  Sunday, 20 February 2005

Insurers' profits fuel wave of outrage < 3:05:37 PM>.

”Canadian home and auto insurers nearly doubled their annual profit to a record $4.2-billion last year, igniting a firestorm of outrage from consumers and politicians across the country who claim the industry is gouging its customers with high premiums.

Bruce Cran, president of the Consumers' Association of Canada, called the profits "obscene" and labelled the industry's recent insistence on the need for higher rates as a "big lie."”

3 dressed up as a 2 < 1:11:19 AM>.

Actual quote from the CBC website:

Radio 3 regularly airs on CBC Radio Two.