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Fortis (TSX:FTS.PR.M.PFD) Deferred Policy Acquisition Costs


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What is Fortis Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Fortis Business Description

Address
5 Springdale Street, Suite 1100, Fortis Place, Saint John’s, NL, CAN, A1E 0E4
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.