Insurance Rates

• 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
  
• Massive ICBC profits not expected to go back to customers for now

  The public insurer's CEO, Nicolas Jimenez, said the significant financial rebound will allow the company to replenish its capital shortfall.

  Money

  Mar 3, 2022
  
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• Insurance rates could impact school bus service in Alberta: contractor association

  Hundreds of school buses could soon be off the road as insurance rates are renewed next month.

  Economy

  Oct 23, 2021
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• Manitoba Public Insurance application for rate decrease should be more: consumer advocate

  MPI is asking for a 1.2 percent rate decrease for Manitoba drivers next year and is also looking to bump up its rebate request to 335-million dollars.

  Consumer

  Oct 12, 2021
• Regulator approves 15% cut to ICBC’s basic insurance rates

  The B.C. government has promised a 20-per-cent decrease in overall car insurance rates.

  Consumer

  Jan 14, 2021
• ICBC filing for 15% decrease on basic car insurance rates to prepare to switch to no-fault

  The Insurance Bureau of British Columbia (ICBC) is set to file for the largest reduction in basic insurance rates in the province's history.

  Politics

  Dec 14, 2020
• ICBC launches campaign to remind drivers to slow down on less busy roads

  ICBC is concerned that a decrease in cars on the road during the COVID-19 crisis is leading to an increase in speeding.

  Economy

  May 4, 2020
• More than 100 taxis not operating in Hamilton after insurance coverage not renewed

  A lack of affordable insurance coverage has left nearly a quarter of Hamilton's taxi fleet out of service.

  News

  Feb 27, 2020
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• Distracted driving could mean higher insurance rates for motorists

  Some insurance companies are looking at charging higher premiums for people who have distracted driving on their abstract.

  Canada

  Oct 3, 2019
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• British Columbians pay the highest on average in car insurance in Canada

  On average, British Columbians pay $327 more for insurance per year than they would in Ontario.

  Politics

  Aug 13, 2019