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 114,000 Canadians, pays more than $7 billion in taxes to the federal, provincial and municipal governments, and has a total premium base of $40 billion.

Locations:
Toronto, Ontario | http://www.ibc.ca
Industries:
Education|Insurance|Automotive
Contact Information:
Steve Kee 
Director, Media Relations
Tel: 416.362.2031 x4387
[email protected]

Latest

Jul 08, 2020, 14:21 ET Insurers to pay a record $1.2 billion to Albertans recovering from Calgary hailstorm

Fourth highest insured damage event in Canadian history EDMONTON, AB, July 8, 2020 /CNW/ - The hail, rain and windstorm that hit Calgary, Airdrie, Rocky View County and the surrounding area on June...


Jul 07, 2020, 11:00 ET ICBC No-Fault Design will Further Limit Consumer Choice, Risks Eliminating Other Insurers from the Optional Market

VANCOUVER, BC, July 7, 2020 /CNW/ - Today, Insurance Bureau of Canada (IBC) published an open letter to British Columbia Premier John Horgan, outlining the auto insurance industry's concern with Bill ...


Jun 29, 2020, 19:38 ET Insurance Bureau of Canada (IBC) Congratulates Ontario Government On Announcement to Increase Oversight of Towing Industry

TORONTO, June 29, 2020 /CNW/ - Today, the Ontario government announced the creation of a new task force to improve provincial oversight of the towing industry. The task force will help develop a...


Jun 23, 2020, 16:00 ET IBC Congratulates BC Government on Introducing Strata Reforms

VANCOUVER, BC, June 23, 2020 /CNW/ - Today, the Government of British Columbia (BC) introduced legislation that would bring about significant reforms to how stratas in the province are managed....


Jun 19, 2020, 15:50 ET IBC deploys virtual Community Assistance Mobile Pavilion to assist in Southern Alberta

EDMONTON, AB, June 19, 2020 /CNW/ - Following the major hailstorm in Calgary and the surrounding area, Insurance Bureau of Canada (IBC) has deployed its virtual Community Assistance Mobile Pavilion...


Jun 15, 2020, 11:00 ET Insurance Information for Those Impacted by Calgary Hailstorm

EDMONTON, AB, June 15, 2020 /CNW/ - Following the devastating hailstorm in southern Alberta, Insurance Bureau of Canada (IBC) is providing advice to help those impacted recover. "Our thoughts are...


Jun 01, 2020, 14:00 ET Fort McMurray Flooding Causes over $228 Million in Insured Damage

EDMONTON, June 1, 2020 /CNW/ - The spring flooding in Fort McMurray, Alberta, caused over $228 million in insured damage, according to Catastrophe Indices and Quantification Inc. (CatIQ). The...


May 26, 2020, 16:15 ET IBC Collaboration with York Regional Police Leads to Charges in Organized Crime Investigation in Tow Truck Industry

TORONTO, May 26, 2020 /CNW/ - Today, investigators with the York Regional Police Organized Crime and Intelligence Services laid charges related to organized-crime for violent property damage, fraud...


May 14, 2020, 17:04 ET Driving Less but Not Paying Less: ICBC Refuses to Pass Savings to BC Drivers

VANCOUVER, May 14, 2020 /CNW/ - Today, the Insurance Corporation of British Columbia (ICBC) announced that it will not be offering any meaningful relief to drivers. Despite reporting a 46% reduction...


May 08, 2020, 15:02 ET Alberta Auto Insurers Focused on Affordability

Industry Putting Over $100 million Back in Albertans' Pockets EDMONTON, May 8, 2020 /CNW/ - As Albertans face the health and economic issues stemming from COVID-19, Alberta's property and casualty...


May 07, 2020, 10:00 ET Insurance Information from IBC for Those Affected by the Northern Alberta Floods

EDMONTON, May 7, 2020 /CNW/ - Following the devastating floods in northern Alberta, Insurance Bureau of Canada (IBC) is providing advice to help flood victims navigate the insurance process. "Our...


Apr 30, 2020, 15:18 ET Flood Risk in Quebec - IBC Informs Policyholders

MONTREAL, April 30, 2020 /CNW Telbec/ - Spring brings with it the risk of flooding. In the context of the pandemic, Insurance Bureau of Canada is reminding citizens it is important to prepare...


Apr 13, 2020, 14:02 ET Prepare for Flood Season

TORONTO, April 13, 2020 /CNW/ - With warmer weather arriving, snowmelt coupled with spring storms once again increase the risk of spring flooding across Canada. Provincial Emergency Management...


Apr 08, 2020, 09:00 ET Insurers reducing insurance costs for Canadians: IBC member companies offer substantial consumer relief measures

TORONTO, April 8, 2020 /CNW/ - To help Canadians cope with the financial impact of COVID-19, Insurance Bureau of Canada (IBC) member companies are offering substantial consumer relief measures. For...


Mar 19, 2020, 13:45 ET Insurers committed to working with consumers during these uncertain times

TORONTO, March 19, 2020 /CNW/ - Canada's property and casualty insurers are committed to helping consumers and business owners during this challenging time. "Canada's home, car and business insurers...


Mar 04, 2020, 18:32 ET No-Fault Shouldn't Mean No Choice: ICBC Financials Suggest Savings May Be Short-Lived

VANCOUVER, March 4, 2020 /CNW/ - Today, the Government of British Columbia announced legislation that, if passed, would eliminate the ability for drivers to sue to ensure they are receiving the...


Mar 03, 2020, 06:00 ET IBC: Spot these five common insurance fraud scams

Call 1-877-IBC-TIPS (422-8477) to report insurance fraud TORONTO, March 3, 2020 /CNW/ - At the kick-off to Fraud Prevention Month, Insurance Bureau of Canada (IBC) advised the public to watch out for ...


Feb 27, 2020, 16:37 ET IBC Taking Action on Commercial Insurance in British Columbia

VANCOUVER, Feb. 27, 2020 /CNW/ - Today, Insurance Bureau of Canada (IBC) released a set of policy recommendations designed to address the current insurance affordability challenges in BC's strata...


Feb 27, 2020, 09:00 ET Climate adaptation estimated to cost municipalities $5.3 billion annually

TORONTO, Feb. 27, 2020 /CNW/ - The Federation of Canadian Municipalities (FCM) and Insurance Bureau of Canada (IBC) released a report entitled Investing in Canada's Future: The Cost of Climate...


Feb 18, 2020, 12:49 ET January storm caused over $95 million in insured damage

TORONTO, Feb. 18, 2020 /CNW/ - The January 10 to 12 storm in southern Ontario and Quebec caused over $95 million in insured damage, $81.6 million in Ontario and $13.7 million in Quebec, according to...


Feb 13, 2020, 14:33 ET Insurance Bureau of Canada rejects false Lazar report

TORONTO, Feb. 13, 2020 /CNW/ - The Ontario Trial Lawyers Association (OTLA) released a report today by a gun-for-hire university professor whose previous work on insurance industry revenues has been...


Feb 10, 2020, 14:00 ET Insurance Bureau of Canada Launches Commercial Task Force

TORONTO, Feb. 10, 2020 /CNW/ - Media headlines about increased commercial insurance premiums have grabbed the attention of many Canadians over the past few months. Commercial insurance is becoming...


Jan 28, 2020, 11:00 ET New Auto Insurance System, Same Old Story: BC Drivers Pay Much More than Alberta Drivers

VANCOUVER, Jan. 28, 2020 /CNW/ - Auto insurance in British Columbia (BC) and Alberta is substantially the same, according to a new report from accounting firm MNP. The price drivers are paying,...


Jan 23, 2020, 09:30 ET IBC Applauds Alberta's Red Tape Reduction Efforts

Industry looks forward to working together to make insurance even more consumer friendly EDMONTON, Jan. 23, 2020 /CNW/ - During the Canadian Federation of Independent Business's Red Tape Awareness...


Jan 22, 2020, 10:42 ET Newfoundland Winter Storm: Advice and Information from Insurance Bureau of Canada

HALIFAX, Jan. 22, 2020 /CNW/ - In the aftermath of last weekend's record-breaking storm in Newfoundland and Labrador, which brought more than 75 cm of snow and winds reaching hurricane levels of 160...