Car Insurance
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Auto theft costs Canadians $1B. Here are the top vehicles sought by thievesNewer model, higher-priced SUVs and pickup trucks remain top targets, a new report says, with criminals adapting amid efforts to crack down on their operations.CrimeNov 18, 2025
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Auto insurance premiums rising: Here’s what you can do to trim the billRising auto insurance premiums tied to stolen vehicles are affecting drivers even when they haven't been targeted themselves. Here's why and what you can do about it.ConsumerJul 20, 2024
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Insured damages from summer storms in Alberta estimated at $300MSevere storms in Alberta and the Prairies this summer resulted in more than $300 million in insured losses, according to initial estimates from the Insurance Bureau of Canada.CanadaSep 19, 2023
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Car insurance rates are going up due to theft. Here’s what to knowInsurance companies have taken a hit due to higher thefts. In 2022, the industry lost $1 billion due to theft claims, according to Rates.ca, a significant increase from 2021.CanadaSep 2, 2023
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Young drivers pan high ICBC premiums amid back-to-school cost pressuresOne Surrey family said adding their 18-year-old son to the family's insurance on a 15-year-old car sent premiums skyrocketing by 67 per cent.MoneySep 1, 2023
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Systemic fair access violations found in Ontario auto insurance: regulatorThe regulator for Ontario's auto insurance sector says it has been working to resolve industry-wide violations of rules around fair access to coverage.CanadaAug 3, 2023
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Rental vehicle inventory improving, but difficult to find dealBarry Choi also says the type of rental vehicle you select can make a big difference. Smaller cars like a sedan, for example, can cost less than an SUV.ConsumerJul 6, 2023
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MPI names Marnie Kacher as interim CEOKacher previously served as MPI's Vice President and Chief Operating Officer and has been with the crown corporation for 12 years.ConsumerMay 21, 2023
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Young drivers struggling with ICBC rates, despite rates being among lowest in CanadaDespite all three provinces operating under a no-fault model, young drivers in B.C. often pay significantly more for auto insurance than they would in Manitoba and Saskatchewan.ConsumerDec 14, 2022
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‘Race discrimination’: Indigenous Quebec man who lived on reserve denied insuranceAlexis Wawanoloath, a lawyer and ex-Parti Québécois member of the legislature, brought the complaint in 2018 after he was refused a car insurance quote because of his postal code.CanadaNov 3, 2022
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