Insurance Bureau of Canada (IBC) is the national industry association representing Canada's private home, auto and business insurers. Its member companies make up the vast majority of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties. 



Contact Information
Brett Weltman
Manager, Media Relations
[email protected]

Latest

Jun 25, 2024, 10:00 ET Canada's property and casualty insurance industry: A major contributor to economic growth

TORONTO, June 25, 2024 /CNW/ - Today, Insurance Bureau of Canada (IBC) released its InsurEconomy 2024 report, which highlights the substantial impact that the property and casualty (P&C) insurance...

Jun 24, 2024, 12:00 ET Alberta's auto insurance rate pause fails to deliver in 2023

Urgent reforms needed to reduce driver premiums EDMONTON, AB, June 24, 2024 /CNW/ - Auto insurance premiums in Alberta increased by 5.24% in 2023, despite a government pause on rate filings,...

Jun 06, 2024, 10:09 ET Insurance Bureau of Canada reveals the top 7 hot spots in Atlantic Canada for auto theft claims - Association calls for swift implementation of national action plan

HALIFAX, NS, June 6, 2024 /CNW/ - Regions across Atlantic Canada are seeing alarming spikes in auto theft claims costs, according to newly released data from Insurance Bureau of Canada (IBC)....

Jun 05, 2024, 12:00 ET Insurance Bureau of Canada reveals the top 5 hot spots in Alberta for auto theft claims

Auto theft claims costs in Alberta are up 55% since 2021 EDMONTON, AB, June 5, 2024 /CNW/ - According to newly released data from Insurance Bureau of Canada (IBC), auto theft claims costs in Alberta...

Jun 03, 2024, 10:00 ET Insurance Bureau of Canada Reveals Ontario's Top 10 Costliest Cities for Auto Theft Claims

Auto theft claims costs in Ontario surpassed $1 billion for the first time in 2023 TORONTO, June 3, 2024 /CNW/ - For the first time, Insurance Bureau of Canada (IBC) is releasing a list of the Top 10 ...

May 28, 2024, 10:00 ET Insurance Bureau of Canada Marks First Anniversary of Tantallon Wildfire

Canada's P&C insurers continue to support Tantallon's recovery HALIFAX, NS, May 28, 2024 /CNW/ - Last year's record-breaking wildfire season serves as a stark reminder of the risks many residents in...

May 20, 2024, 13:00 ET IBC commends the federal government on the release of its National Action Plan on Combatting Auto Theft

OTTAWA, ON, May 20, 2024 /CNW/ - Today, the federal government released its National Action Plan on Combatting Auto Theft. Following the release of the action plan, Celyeste Power, President and CEO, ...

May 16, 2024, 08:00 ET New data shows severity of Canada's worsening auto theft crisis - Theft insurance claims top $1.5 billion in 2023

TORONTO, May 16, 2024 /CNW/ - Canada's auto theft crisis is showing no signs of slowing down, according to new data released by Insurance Bureau of Canada (IBC). In 2023, the cost of insurance claims ...

May 15, 2024, 10:15 ET "Lower Legal Fees" public awareness campaign highlights the enormous impact of legal costs on auto insurance premiums

EDMONTON, AB, May 15, 2024 /CNW/ - Today, Insurance Bureau of Canada (IBC) launched a campaign to inform the public of the impact that runaway legal costs and litigation fees are having on the auto...

May 06, 2024, 13:02 ET Report highlights how government can improve insurance market conditions for Canadian businesses

TORONTO, May 6, 2024 /CNW/ - A new report from Insurance Bureau of Canada (IBC) recommends policies that governments can adopt to help stabilize commercial insurance premiums for businesses and...

Apr 26, 2024, 17:50 ET Auto insurance reports confirm legal costs are key driver of auto insurance premiums in Alberta

Competitive market best positioned to deliver improved affordability for drivers EDMONTON, AB, April 26, 2024 /CNW/ - Today, the Alberta government announced a consultation on auto insurance system...

Apr 22, 2024, 12:00 ET Albertans believe government should take urgent action to lower auto insurance rates

New poll also finds most Alberta drivers want insurers to offer more choice in coverage EDMONTON, AB, April 22, 2024 /CNW/ - A new consumer poll has found that 73% of Alberta drivers feel that...

Apr 16, 2024, 20:05 ET Budget 2024: Federal government details Canada's first national flood insurance program to be launched in partnership with property and casualty insurers

OTTAWA, ON, April 16, 2024 /CNW/ - In today's federal budget, the government took another step forward to partner with the country's property and casualty (P&C) insurers to continue developing...

Apr 15, 2024, 08:00 ET Climate resilience notably absent from federal housing plan

OTTAWA, ON, April 15, 2024 /CNW/ - On Friday, the Government of Canada released Solving the Housing Crisis: Canada's Housing Plan. Following the plan's release, Craig Stewart, Vice-President, Climate ...

Apr 11, 2024, 15:36 ET BC Preparedness Events Raise Awareness of Earthquake and Tsunami Risk

VANCOUVER ISLAND, BC, April 11, 2024 /CNW/ - To educate communities about earthquake preparedness and tsunami risk, and empower them to be resilient, the British Columbia Earthquake Alliance (BCEA)...

Apr 09, 2024, 12:00 ET Urgent Action Needed for Commercial Truck Driver Training

Report shows that drivers with less training and experience are more likely to be involved in collisions TORONTO, April 9, 2024 /CNW/ - New commercial truck drivers who have not received adequate...

Apr 04, 2024, 15:16 ET FAIR Alberta offers no solutions to improve auto insurance affordability

EDMONTON, AB, April 4, 2024 /CNW/ - Today, Fair Alberta Insurance Regulations (FAIR Alberta) released the results of its recent survey: Public Perceptions of Alberta's Automobile Insurance System....

Apr 02, 2024, 11:00 ET Preparing for the 2024 Manitoba flood season

Insurance experts share tips to stay safe and protect your property WINNIPEG, MB, April 2, 2024 /CNW/ - With the arrival of spring weather and the potential for heavy rainfall across parts of...

Mar 26, 2024, 18:10 ET Insurance Bureau of Canada welcomes auto insurance reforms and investment to combat auto theft outlined in Ontario's 2024 budget

TORONTO, March 26, 2024 /CNW/ - Today, the Government of Ontario released its 2024 Budget: Building a Better Ontario. Following the budget's release, Amanda Dean, Vice-President, Ontario and...

Mar 21, 2024, 13:34 ET IBC commends BC government on release of the BC flood strategy

VANCOUVER, BC, March 21, 2024 /CNW/ - Today, the Government of British Columbia released its flood strategy, From Flood Risk to Resilience: A BC Flood Strategy to 2035. Following the release, Aaron...

Mar 18, 2024, 12:00 ET Alberta's wildfire season: Insurance experts share tips to stay safe and protect your property

EDMONTON, AB, March 18, 2024 /CNW/ - With experts warning that 2024 could pose significant wildfire risk, Insurance Bureau of Canada (IBC) is reminding Albertans to be prepared for some potentially...

Mar 18, 2024, 12:00 ET BC residents encouraged to prepare for the 2024 wildfire season

Insurance experts share tips to stay safe and protect your property VANCOUVER, BC, March 18, 2024 /CNW/ - With government officials and other experts warning that 2024 could pose significant wildfire ...

Mar 11, 2024, 12:00 ET Western Canada deep freeze causes over $180 million in insured damage

First natural catastrophe of 2024 highlights growing cost pressures facing insurance premiums VANCOUVER, BC, March 11, 2024 /CNW/ - A deep freeze in Western Canada in January is estimated to have...

Feb 22, 2024, 18:38 ET IBC welcomes BC government's investments in disaster preparedness

VANCOUVER, BC, Feb. 22, 2024 /CNW/ - Today, the Government of British Columbia released its 2024 Budget. Following the announcement, Aaron Sutherland, Vice-President, Western and Pacific, Insurance...

Feb 14, 2024, 12:00 ET Good drivers in Alberta pay millions more in premiums to subsidize auto insurance for worst drivers

IBC calls for changes to outdated regulatory system EDMONTON, AB, Feb. 14, 2024 /CNW/ - Insurance Bureau of Canada (IBC) is calling for an immediate overhaul of Alberta's 20-year-old grid rating...

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