Insurance Industry Steps Up to Help Ice Storm Victims

TORONTO, Jan. 2, 2014 /CNW/ - Today, the Insurance Bureau of Canada (IBC) donated $25,000 to the Ontario government's ice storm relief efforts.

"IBC and its members have a long and proud history of working locally to make a difference. We hope that this donation will go a long way to help those in need, particularly those who lost food due to power outages," says Ralph Palumbo, Vice-President Ontario, IBC.

Working to help communities recover from the ice storm, the government has made a commitment to match all corporate donations. The government has also indicated that this initiative will be expanded to communities outside of Toronto. 

Through co-ordinations with the Daily Bread Food Bank, Toronto residents who need help will be able to collect a grocery gift card at one of 15 Ontario Works Toronto offices on January 2nd and 3rd. To find out where the gift cards are being distributed, please visit: www.mcss.gov.on.ca/en/mcss/programs/social/ow/contacts/ow_municipal/toronto_office.aspx

About Insurance Bureau of Canada
Insurance Bureau of Canada is the national industry association representing Canada's private home, car and business insurers. Its member companies represent 90% of the property and casualty (P&C) insurance market in Canada. The P&C insurance industry employs over 118,600 Canadians, pays more than $7 billion in taxes to the federal, provincial and municipal governments, and has a total premium base of $46 billion.

To view media releases and other information, visit the media section of IBC's website at www.ibc.ca. Follow IBC on Twitter @InsuranceBureau or like us on Facebook.

If you require more information, IBC spokespeople are available to discuss the details in this media release.

SOURCE Insurance Bureau of Canada

For further information: To schedule an interview, please contact: Steve Kee, Director, Media Relations, Insurance Bureau of Canada, 416-362-2031 ext. 4358, skee@ibc.ca