Keyword
auto insurance rates
What the Alberta NDP’s auto rate freeze would mean for insureds and insurers
January 11, 2023 by Alyssa DiSabatinoAlberta brokers and insurers believe a New Democratic Party proposal to freeze auto insurance rates won’t solely reduce auto premiums and will instead make it harder for drivers to obtain coverage, auto insurance experts tell Canadian Underwriter. A better solution…
How inflation will affect Intact’s auto rates going forward
November 10, 2022 by David GambrillIntact is predicting a firming of its auto insurance rates in Canada, where brokers and consumers can expect the company to increase auto rates by percentages in the upper single digits by the end of 2022. In its personal lines…
This car is orange. Do your clients know it won’t necessarily cost any extra to insure it?
September 1, 2020 by David GambrillDriving in the passing lane of the highway, your client sees in her rearview mirror an antenna pull up behind her. A horn blares. She pulls into the right lane, and an orange Lamborghini Aventador moves ahead, leaving her behind…
Executive Outlook 2020 | Valérie Lavoie, Desjardins
December 30, 2019 by David GambrillValérie Lavoie, President, Chief Operating Officer, Desjardins General Insurance Group Rising home and auto insurance premiums will be the big issue for the industry again in 2020, driven by the growing frequency and severity of extreme weather events and the…
Executive Outlook 2020 | Carol Jardine, Wawanesa
December 30, 2019 by David GambrillCarol Jardine, President, Canadian P&C Operations, The Wawanesa Mutual Insurance Company One of the most important issues facing the industry is the Canadian consumer’s pocketbook. Canadian families have never been more in debt and GDP and wage growth aren’t helping.…
Alberta strikes panel to review auto insurance, won’t bring back rate cap
December 27, 2019 Dean Bennett – THE CANADIAN PRESSAlberta is reviewing auto insurance in the province to ensure that the industry can remain viable and drivers can get affordable coverage. Finance Minister Travis Toews says Albertans are paying some of the highest rates in Canada but are having…
Ontario auto insurance rates drop, but still short of August 2015 target
April 25, 2016 The Canadian PressTORONTO – Auto insurance rates in Ontario have dropped about 10 per cent on average in the past couple of years, putting the Liberal government two-thirds of the way to a goal that passed eight months ago. The Liberals promised…