Car Insurance
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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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Central Region OPP issue more than 700 speeding tickets over Thanksgiving weekendIt was a busy weekend for Ontario Provincial Police in the Central Region, laying 1,328 charges, most related to speeding.CrimeOct 13, 2022
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Ontario NDP reintroduce bill aimed at ending car insurance ‘postal-code discrimination’'Families are paying sky-high auto insurance premiums while big insurance corporations make record profits,' NDP MPP Tom Rakocevic said.ConsumerAug 26, 2022
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