Now that the Ontario Liberals have been returned to power with a majority government, the Insurance Bureau of Canada is urging the provincial government to re-introduce Bill 171, which died on the order paper when the election was called last…
The Alberta government reports that it has provided more than $191 million to date in disaster assistance to municipalities and First Nations to begin rebuilding in the wake of last June’s devastating flooding, a event that has since become the…
Ontario NDP Leader Andrea Horwath launched her party’s platform Thursday, saying her government would deliver a 15% reduction for auto insurance rates in its first year. “A year after the Liberals agreed to a 15% reduction, few Ontario drivers have…
When Andrea Horwath and Tim Hudak rejected the minority Liberal government’s proposed budget for Ontario, they effectively killed at least 19 pieces of legislation that would have affected or piqued the interest of auto, property and liability insurers as well…
TORONTO – Insurance companies have cut payouts by billions of dollars over the past several years but motorists have seen little benefit by way of lower premiums, New Democrat Leader Andrea Horwath said Tuesday. Election campaigning at a mall in…
FREDERICTON – Spring flooding has already caused millions of dollars in damage to New Brunswick’s roads and bridges, the province’s transportation minister said Wednesday. Claude Williams said crews are making repairs as quickly as possible, but it may take weeks…
Funding for disaster mitigation in the federal government’s Economic Action Plan 2014, announced earlier this year, is an acknowledgement of Ottawa’s role in helping to address the impact of severe weather, Don Forgeron, president and CEO of the Insurance Bureau…
SUSSEX, N.B. – Water levels in many parts of New Brunswick receded Thursday but Premier David Alward and Emergency Measures officials urged residents not to let their guard down because of a potential for more dangerous flooding. Alward spent the…
One in two Quebeckers surveyed erroneously believe their home insurance policy covers them against damage from an overflowing body of water while 65% of respondents did not believe their homes were at risk from sewer backup, earthquake, wind or hail.…
The Insurance Bureau of Canada (IBC) has lent its support to draft legislation tabled by the Ontario government Tuesday meant to combat auto insurance fraud by aiding disclosure and enhancing transparency for consumers requiring towing services. Characterizing the Roadside Assistance…
Insurance Bureau of Canada recently hit gold, celebrating its 50th anniversary earlier this year. In looking back, some issues in Canada’s property and casualty industry look familiar, while others do not. Both, however, provide a glimpse of the future and demand sharp alignment with the needs of the insurance industry and consumers.
A turn in the weather last year proved enough to undermine the performance of the insurance industry, Gregor Robinson, senior vice president of policy and chief economist for the Insurance Bureau of Canada (IBC), said during Swiss Re’s 29th Annual…