From Craig McInnes in the Sun:
"On the flip side, the government also gets to decide what to do when ICBC is deemed to have collected more cash than it needs to meet claims. The B.C. government chose to take for itself $778 million over three years that was collected from motorists in premiums that were subsequently judged to be excessive.
In Manitoba, when the Public Utilities Board found recently that the public insurance company had over-estimated the amount it needed to charge to cover claims, it ordered the money to be returned to the people who paid it rather than be turned over to the government.
The refunds averaged $450 per customer, or about 45 per cent of the previous year's premiums."
You can and should read the rest here.