Hailstorm Hardships: IBC reports that recent Calgary hailstorm will continue to put pressure on Alberta’s insurance system
Calgary, Alberta — The Insurance Bureau of Canada (IBC) is warning that more automotive insurers could be pushed out of the province following an August hailstorm that resulted in $900 million in unexpected claims costs pressures. Specifically, Aaron Sutherland, IBC’s vice president for the Pacific and Western area explained in a media release that costs […]
IBC releases safety app to combat false auto insurance claims
Toronto, Ontario — March 26, 2015 The Insurance Bureau of Canada (IBC) recently launched the SafetyMobile App, a road safety phone application aiming to educate users about staged collisions. The app was unveiled on March 12 during a Fraud Prevention Month event held at Toronto’s Danforth Collegiate, where members of Toronto Police Service, the Financial Services […]