The Insurance Bureau of Canada (IBC) and the Association du camionnage du Québec (ACQ) have partnered on a cargo theft reporting program, aimed at tackling what the groups say is a crime that costs Canadians $5 billion per year. The Programme provincial de déclaration…
Cargo theft is not simply about stolen goods – affecting an individual load or a particular company – but extends beyond that to adversely influence the economy as a whole, Richard Dubin, vice president of investigative services for the Insurance…
OTTAWA – The Ontario government’s target of a 15% reduction in auto insurance rates is “absolutely not” doable, the Insurance Bureau of Canada’s vice president of policy development said Tuesday during the National Insurance Conference of Canada. “Absolutely not, and…
A motion Tuesday from Toronto City Council, asking the Ontario government to consider regulating property insurance premiums, shows “a lack of understanding” of insurance as a “risk transfer mechanism,” an official with the Insurance Bureau of Canada (IBC) says, while…
Insured damage from the tornado that hit Angus, Ont. in late June is at least $30 million, according to the Insurance Bureau of Canada based on preliminary figures from Property Claim Services (PCS). More than 100 homes were damaged from…
A recent police raid helped identify roughly $1.4 million in stolen property from 15 separate cargo load thefts over the past several months, the Insurance Bureau of Canada said July 15. “Multiple search warrants were executed on warehouses in the…
A Toronto-area rehabilitation clinic has been convicted of several auto insurance fraud-related offences and has been fined $200,000. Ontario Rehab Centre was charged following co-operative investigations involving the Financial Services Commission of Ontario (FSCO), the Insurance Bureau of Canada, multiple…
The Edmonton Police Service (EPS) announced Thursday it has recovered more than $863,000 worth of travel trailers and other allegedly stolen property after an investigation into false vehicle identification numbers, in which the Insurance Bureau of Canada provided help. “Police…
A recent police raid helped identify roughly $1.4 million in stolen property from 15 separate cargo load thefts over the past several months, the Insurance Bureau of Canada said Tuesday. “Multiple search warrants were executed on warehouses in the City…
TORONTO – Ontario’s governing Liberals are reviving legislation aimed at reducing auto insurance rates and inflated towing costs. The Liberals introduced two bills in the spring to help reduce auto insurance premiums by an average of 15 per cent across…
Insured damage from the tornado that hit Angus, Ont. in late June is at least $30 million, the Insurance Bureau of Canada said Wednesday, based on preliminary figures from Property Claim Services (PCS). More than 100 homes were damaged from…
Canadian Underwriter magazine is celebrating its 80th Anniversary in 2014. To acknowledge this milestone, the Canadian Underwriter staff dove into the archives and agreed that it would be a an exciting project to preserve and share a snapshot of the…