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ICBC keeps savings from reduced claims during pandemic

NEWS PROVIDED BY Insurance Bureau of Canada  In recognition of the fact Canadian’s are driving less and claims are down during the COVID-19 pandemic, private insurers across the country have returned an average of approximately $280 per driver in auto insurance premium relief, as of June 30, 2020. Insurance Bureau of Canada (IBC) recently conducted a survey of members andRead Full Story

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Report says competition would bring significant savings to BC’s auto insurance market

A report entitled The Benefits of Competition in the Provision of Automobile Insurance in BC, commissioned by the Insurance Bureau of Canada (IBC), the national industry association representing Canada’s private home, auto and business insurers, concludes that competition would bring significant savings to British Columbia’s auto insurance market. Currently, all drivers in B.C. are coveredRead Full Story

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