Auto Insurance: Page 3

Covered ground: Alberta targets collision insurance restrictions

Insurance Bureau of Canada - IBC

Alberta auto insurers must ease restrictions on collision and comprehensive coverage before receiving approval for further rate increases...

Legal gavel with damaged vehicle, car keys, and Alberta flag backdrop representing automotive accident litigation

Damage Report: Thunderstorms top insurer catastrophe risks

Severe thunderstorms account for 40% of modelled insured catastrophe risk worldwide, putting hail, wind and tornado damage ahead of every...

Donut chart showing global insured losses by peril type, with severe thunderstorm at 40%, tropical cyclone at 27%, and other weather events, featuring Verisk branding

Insurance Coverage

Insurance Profits: Repair underwriting turning profits

U.S. auto insurers made a 12.6% underwriting profit on privatepassenger physical damage coverage in 2024...

2024 U.S. auto insurance turnaround infographic showing physical damage coverage shift from 12.9% loss in 2022 to 12.6% profit in 2024, with premium earnings of $154.3 billion.

Objection Overruled: State adopts rules Solera

Solera | Audatex

Washington state is adopting an auto claims rule that Solera Holdings objected to during Spring hearings...

Insurer Tech: Que. firm launches Ont. reform readiness module

A Montreal-based insurance technology firm is rolling out a new tool aimed at helping brokerages keep pace with Ontario's overhauled auto insurance rules...

Private Parts: GM restricts sales of EV parts to approved bodyshops

General Motors has officially restricted the sale of critical electric vehicle structural parts to certified repair shops under a strict new policy aimed at...

Trade Troubles: Carney unveils counter-tariffs

The federal government launched a targeted, multi-billion-dollar trade counter-offensive against the United States Tuesday...

Political cartoon depicting tariff policy with caricatured figures and stacked boxes labeled with various tariff categories including steel, aluminum, and dairy.

Market Shift: Auto Insurance Growth Moderates to 1.4% Rate

Record shopping activity masks troubling slowdown in insurance industry expansion.

Modern SUV on highway with red augmented reality path visualization and LexisNexis Risk Solutions branding

Trade Trials: Canadians still uncertain of EV rule changes

Canada’s plans for new vehicle-emissions rules are taking on greater significance as a new round of U.S. tariffs adds pressure to the country’s automotive sector.

White electric vehicle charging at public station with Canadian flag and city skyline in background

U.S. Insurers: Higher deductibles putting collision bills on drivers

U.S. drivers are considering higher deductibles and reduced coverage as insurance and vehicle ownership costs rise, according...

Care-First: Alberta releases insurance regulations

Insurance Bureau of Canada - IBC

Alberta has released new regulations for its Care-First auto insurance model, giving insurers the details needed to price policies ahead of the system’s launch...

Alberta provincial flag waving at sunset with coat of arms emblem featuring mountains and wheat

Distracted driving: Biggest risk on Canada's roads

Distracted driving remains one of the most commonly identified road safety risks in Canada, with 60% of Canadians ranking it among their top concerns...

Driver holding smartphone while operating vehicle in traffic, demonstrating distracted driving hazard

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