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Insurance Bureau calls for ‘tough measures’ in Ontario to fight auto claims fraud

June 18, 2014 Greg Meckbach, Associate Editor

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

News AssociationsClimate ChangeInsuranceMarkets / CoveragesMergers and Aqcuisitions

Alberta government has provided more than $191 million in disaster assistance since 2013 floods

June 9, 2014 by Canadian Underwriter

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

News AssociationsInsuranceLegalMarkets / CoveragesMergers and Aqcuisitions

Ontario NDP says it would deliver 15% auto insurance rate decrease in first year

May 22, 2014 by Canadian Underwriter

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

News AssociationsInsuranceLegalMergers and Aqcuisitions

Ontario election call kills bills proposing towing industry regulation, auto insurance reform

May 16, 2014 Greg Meckbach, Associate Editor

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

News AssociationsInsuranceLegalMarkets / CoveragesMergers and Aqcuisitions

Horwath blasts Liberals on Ontario auto insurance; wants cuts passed on immediately

May 13, 2014 Colin Perkel, THE CANADIAN PRESS

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

News AssociationsCatastrophesInsuranceMergers and Aqcuisitions

Flood damage to New Brunswick roads, bridges in the millions: minister

April 23, 2014 The Canadian Press

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

News AssociationsCatastrophesClimate ChangeInsurance

Federal funding shows acknowledgement of role in disaster mitigation: IBC

April 23, 2014 Angela Stelmakowich, Editor

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

News AssociationsCatastrophesClimate ChangeInsurance

Premier urges New Brunswick town not to let guard down after water levels recede

April 17, 2014 By Kevin Bissett - THE CANADIAN PRESS

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

News AssociationsClimate ChangeInsuranceLegalMergers and Aqcuisitions

Half of Quebec home insurance policyholders think they’re covered for overflowing body of water: survey

April 17, 2014 by Canadian Underwriter

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.

News AssociationsInsuranceLegalMarkets / CoveragesMergers and Aqcuisitions

Ontario’s proposed towing legislation a good first step: IBC

April 16, 2014 by Canadian Underwriter

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

Don Forgeron, President & Chief Executive Officer, Insurance Bureau of Canada
Feature Associations

Then and Now

April 1, 2014 Don Forgeron, President & Chief Executive Officer, Insurance Bureau of Canada

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.

Feature AssociationsClaims Canada

IBC says weather hit P&C insurers’ results hard in 2013

March 31, 2014 by

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