On the Rise: Summer 2024 severe weather results in 228,000 claims; a 406 percent increase compared to previous 20-year average, says IBC
Toronto, Ontario — Canada’s home, auto and business insurers are reporting the most challenging summer on record for damage from weather events and natural disasters, according to the Insurance Bureau of Canada (IBC). Four major catastrophes were contributing to approximately 228,000 insurance claims this past summer, says IBC: flooding in Toronto and southern Ontario; the […]
Eyes to Canada: Wawanesa to sell U.S. subsidiary for ‘focus efforts on home market in Canada’
Winnipeg, Manitoba — Wawanesa has entered an agreement to sell its U.S. subsidiary, Wawanesa General Insurance Company, to focus its efforts on the Canadian market, the insurer announced on Aug. 1. “We believe it’s the right time to concentrate on our home market,” said Jeff Goy, president and CEO of Wawanesa. Goy did not specify […]
Can You Believe This?! Stopping runaway trucks with sheer manpower; hideaway hitches and more
Toronto, Ontario — This weekly Can You Believe This?! brings you parallel parking hacks; attacks on chassis; a how-to for installing a hitch on your coupe and much, much more!
IBC presents NS auto insurance success story at Chamber of Commerce
Halifax, Nova Scotia — March 2, 2015 Insurance Bureau of Canada (IBC) President and CEO Don Forgeron recently discussed the province’s successful auto insurance reforms at the Halifax Chamber of Commerce. The organization says it wasn’t that long ago that auto insurance in Nova Scotia was in crisis, with insurers paying out more in claims than […]
