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EV Insurance Costs Continue to Outpace Gas and Diesel Models
Auto insurance costs can vary widely across diesel, gasoline, hybrid and electric vehicles, according to new data from Rates.ca. While several diesel...
Insurance
Insurance Intelligence: Car model costs comparison tool launches
A new online tool compares vehicles using real insurance claims data, giving consumers a clearer view of how different models affect premiums...
Insurance
Deal Done: Margins Improve as Definity closes $3.3B deal
Definity Insurance
Definity Financial Corporation's closing of its acquisition of Travelers’ Canadian P&C insurance operations for cash consideration of approximately $3.3...
Insurance
Financials Intact: Q4 bolstered by underwriting Improvements
Intact Insurance
Lower ratios generally signal stronger underwriting margins, an important indicator for collision repair stakeholders watching insurer performance...
Insurance
System Shift: Manitoba adopting owner insurance model
Manitoba Public Insurance
Toronto, Ontario --
The Manitoba government introduces new legislation aimed at keeping vehicle insurance rates stable as costs rise across the country....
Insurance
Costly Collisions: Auto insurer losses rising in U.S.
Toronto, Ontario --
The U.S. commercial auto insurance sector continues bleeding money at an alarming rate, generating over US$10 billion in net underwriting...
GM Insurance: OEM-led approach expands into Florida
GM Canada
Toronto, Ontario --
Nearly half of General Motors vehicle drivers in the U.S. can now buy car insurance directly from the OEM...
Brokering Dissent: Insurers fleeing Alberta, IBAA warns
Edmonton, Alberta --
Brokers across Alberta are unable to secure basic coverage for some clients because auto insurers are scaling back offerings or leaving...
Auto Crime: National auto theft decreases by 19%
Toronto, Ontario –
Auto thefts declined close to 20 percent in the first half of 2024, a new report from the Équité Association, the national body representing...
Explaining Inflation: EVs, ADAS and theft push up insurance costs
Toronto, Ontario --
Statistics Canada has identified a number of factors driving auto insurance and repair costs upward over the past five years...
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