Insurance Bureau Of Canada

• Alberta auto insurers lost $1.2 billion in 2024: Report

  The report notes insurers lost more than $1.2 billion on the sale of auto insurance in 2024, paying out more in claims and expenses than drivers paid in premiums.

  Economy

  Jan 9
  
• Severe August storms caused $235 million in damage across the Prairies

  The Insurance Bureau of Canada says a line of storms that swept across Western Canada on Aug. 20 and 21, 2025, caused more than $235 million in insured damages.

  Weather

  Dec 8, 2025
  
• Advertisement
• Calgary’s July hailstorm caused an estimated $92 million in insured damage

  The Insurance Bureau of Canada estimates a July 13, 2025, hailstorm that swept through Calgary caused more than $92 million in damage.

  Environment

  Aug 14, 2025
• Advertisement
• 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, 2025
• Jasper wildfire damage estimate rises to $1.2B as debris removal continues

  The fire forced about 5,000 residents of the town and 20,000 visitors in Jasper National Park to flee in July.

  Canada

  Jan 30, 2025
• Auto theft in Canada drops 19% as CBSA intercepts nearly 2K stolen vehicles

  Transport Minister Anita Anand said the Canada Border Services Agency had intercepted 1,900 stolen vehicles in the first six months of 2024, more than in all of 2023.

  Canada

  Oct 16, 2024
• Calgary hail storm the 2nd-costliest disaster in Canadian history after $2.8B in damage

  The Insurance Bureau of Canada says a severe hail storm that battered Calgary last month is the second-costliest event in Canadian history.

  Weather

  Sep 11, 2024
• Fires and floods: 4 disasters across Canada led to record number of insurance claims in 2024

  Flooding in Toronto and elsewhere in southern Ontario, as well as in Quebec, along with the Jasper wildfire and Calgary hailstorm led to a 406 per cent increase in claims.

  Canada

  Sep 4, 2024
• Advertisement
• Insurance claim tally for last year’s floods, wildfires in Nova Scotia: $490 million

  The Insurance Bureau of Canada says the devastating wildfires and deadly flooding that plagued Nova Scotia last year have resulted in $490 million in insured losses.

  Canada

  Jul 25, 2024
• Advertisement
• Toronto ranked costliest city for auto theft claims in Ontario

  Toronto has topped the list of the costliest cities in Ontario for auto theft claims. One Ontario city saw a 2,269 per cent increase in auto theft claims costs over five years.

  Canada

  Jun 4, 2024