Auto Insurance

• Intact Financial Corp. sees record quarter after increasing rates, sees limited direct tariff risk

  The insurer reported net operating income of $4.93 per share in the quarter, up 23 per cent from last year.

  Money

  Feb 13
  
• Donald Trump’s steel, aluminum tariffs could increase auto insurance rates: Experts

  The 25 per cent steel and aluminum tariffs declared by Donald Trump could have a widespread effect, including on auto insurance rates.

  Economy

  Feb 10
  
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• Wild weather remains wild card as Alberta aims to fix auto insurance system

  The Insurance Bureau of Canada says Alberta has experienced five of the top 10 costliest natural disasters in Canadian history, all of which have occurred since 2016.

  Consumer

  Nov 22, 2024
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• Rate hikes, no-fault claims in new rules pitched for Alberta auto insurance

  Under the new system, victims in most cases won’t be able to sue those responsible for their injuries and, instead, insurers would pay compensation at rates set by the government.

  Consumer

  Nov 21, 2024
• New auto insurance rules could let Ontario drivers opt for less. But by how much?

  Ontario looks set to introduce rules that would let drivers opt out of parts of their auto insurance. The finance minister said he hopes the change will lead to more innovation.

  Consumer

  Mar 26, 2024
• B.C. tradesman fights ICBC over specialized gear wrecked in crash

  Michael Frass' work van was written off after a collision that wasn't his fault, but he says ICBC has been fighting him over a payout for specialized gear inside.

  Canada

  Mar 11, 2024
• EV owners likely to pay more for insurance, report says. Here’s why

  Owners of electric vehicles in Canada may start to see their insurance rates jolt in the coming years, a new report indicates. Here's why.

  Consumer

  Feb 15, 2024
• Canadians are expected to pay even more for car insurance this year. Why?  

  Canadians could see even higher auto insurance premiums this year amid a growing crisis of car thefts in the country and other industry challenges, according to a new report.

  Canada

  Jan 29, 2024
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• Government of Manitoba announces 5% auto insurance rate reduction

  The Public Utilities Board ordered a five per cent rate decrease for all mandatory auto insurance premiums in 2024-25. The price slash will come into effect on April 1, 2024.

  Canada

  Dec 19, 2023
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• Alberta announces reforms to address high premiums for auto insurance

  The Alberta government is promising changes to reduce high auto insurance premiums, including a cap tied to inflation for those with good driving records.

  Consumer

  Nov 1, 2023