Although I won't comment on what SGI's motive may or may not be regarding GDL, I will say that SGI loses money on insuring motorcycles - most notably in the Sport class. I believe the number for sport was almost 3 bucks paid out for every 1 dollar premium they brought in. In the Cruiser/Touring class, it was nearly 1.25 for every 1 they brought in.

This was why they broke the bikes into classes last year and raised the rates but they couldn't (wouldn't) raise them high enough to "break even" or make a profit because the customers (us) would have lost it on them. As SGI called it - it would have been rate shock.

So, SGI currently loses money on insuring motorcycles, less accidents is not only good for them but also good for the average motorcyclist in the long run as SGI won't have to charge as much to insure us down the road if the claims come down.

At any rate, I would assume that SGI currently has a plan to raise rates every couple years so that at some point they can make insuring motorcycles profitable. They can't continue insuring us at a loss and whether or not you agree that SGI should make at least a moderate profit from insuring stuff, I think we could agree that they shouldn't lose money either - especially given they are a crown.