As wildfire season starts, Canadian insurers are reinforcing homes and calling on Prime Minister Mark Carney's government to prioritize climate action to mitigate escalating risks and costs.
Residents in Windsor-Essex are facing significant increases in home and auto insurance rates, with premiums rising sharply due to regional factors and market trends.
Alberta's proposed no-fault auto insurance system, dubbed Care-First, is under fire for potentially increasing premiums while stripping drivers of compensation rights. Critics argue it prioritizes insurer profits over consumer protection.
Nepalese authorities arrest 10 in a $20-million insurance fraud scheme targeting Mount Everest climbers, involving staged rescues and fake hospital admissions.
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Frances Ewanchuk's $11,000 insurance payout from SGI vanished in a suspected email takeover scam, highlighting the stress and financial vulnerability of such cybercrimes.
An independent report forecasts Alberta's new auto insurance system will save good drivers hundreds annually starting in 2027, though skepticism remains about implementation.
A new report reveals Albertans could see significant premium savings under the 'care-first' auto insurance system, with basic coverage savings projected at $366 annually.
Saskatchewan Government Insurance attributes a proposed 7.6% rate increase over two years to expensive computerized car parts and inflation. NDP critic questions past rebates amid planned hikes.
Jason McDaniel, CEO of ICBC, highlights the corporation's unique mandate providing mandatory basic coverage and improving motoring safety in British Columbia.
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An Ottawa woman is demanding answers from her insurance company after her stolen SUV, used in a smash-and-grab, went missing for weeks, highlighting insurance delays and consumer frustrations.
Survivors of the Air Canada plane crash at LaGuardia Airport may have legal grounds to sue the airline for damages reaching nearly $300,000, according to a passenger rights advocate.
A new report reveals insurance fraud claims have jumped nearly 50%, with auto incidents leading. Many Canadians commit unintentional fraud through omissions.
Some Alberta motorcyclists have received notices that AMA will not renew their insurance plans as new provincial regulations loom, raising concerns about coverage options.
A civil resolution tribunal has ruled that ICBC wrongly assigned fault to a driver turning left on a yellow light, ordering a $500 deductible refund and prompting the insurer to change its responsibility determination process for such common crashes.
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A new report reveals 75% of Canadian households face rising auto and home insurance costs, with Toronto and other Ontario cities experiencing the steepest increases. Premiums now rival grocery bills as a major expense.
Akur8, the global actuarial AI platform, has acquired Slope Software, expanding its offerings from property and casualty into the life and annuity insurance sector through this strategic move.
Insurance premiums for vessels crossing the Strait of Hormuz have surged to 5% of ship value, up fivefold from earlier conflict levels, raising questions about ship owner willingness amid safety risks.
Experts highlight why identity theft insurance deserves consideration for retirees, who face disproportionate financial losses from identity crimes despite federal protections.
Economist Jack Mintz argues Alberta's auto insurance rate caps are driving companies out of the market, creating unsustainable conditions that could leave consumers with fewer options.
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Insurance companies report a nearly 400% increase in staged collisions in 2025, linked to organized crime, while auto thefts decline by 18% nationwide. Experts warn drivers to stay vigilant against fraudulent schemes.
Investigative reports reveal staged collisions and insurance fraud are driving violent incidents in Canada's tow truck industry, with criminal groups exploiting claims for profit.
An Ontario woman is challenging her insurance company's decision to declare her car a total loss after a minor accident, highlighting a growing trend in auto insurance claims.
Investigative report reveals a sharp rise in staged collisions across Canada, driving up premiums and prompting intensive fraud investigations by authorities.
Canadian insurer iA Financial Corp. is pursuing multibillion-dollar acquisitions in the U.S. life insurance market, leveraging $1.4 billion in excess capital. CEO Denis Ricard addresses AI disruption concerns while highlighting the firm's record valuation
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The B.C. Court of Appeal has reversed a lower court decision, ordering ICBC to allow a lawsuit by three individuals injured in a hit-and-run accident, finding they weren't required to conduct futile investigations.
Elena Sanz, CEO of Mapfre Iberia, receives the Geneva Association Women in Insurance Award for her people-centered leadership during company transformation and disaster responses in Spain.
Saskatchewan NDP and residents voice strong opposition to SGI's planned insurance rate increases, arguing the hikes will disproportionately impact vulnerable populations.
A new report reveals Albertans pay an average of $1,835 annually for auto insurance, ranking second nationally. The findings highlight ongoing affordability concerns in the province's insurance market.
Brittany Barry, serving six years for fatal impaired driving, and her husband are suing TD General Insurance for failing to cover costs from a 2024 house fire that destroyed their home.
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A new report on Quebec's auto insurance board reveals major flaws, with critics arguing private models in other provinces offer better value and accessibility for drivers.
