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

To schedule an interview, please contact: Steve Kee, Director, Media Relations, Insurance Bureau of Canada, 416-362-2031 ext. 4358, [email protected]