British Columbia’s auditor general says his office is doing a review of the province’s response to the 2021 wildfire that devastated the community of Lytton, B.C. Michael Pickup says in a video statement that the report will focus on the…

A very strong fourth quarter in 2023 turned an ‘average at best’ year into quite a good year for Canada’s P&C insurance companies, according to a new report from the Property and Casualty Insurance Compensation Corporation (PACICC).  “Reflecting on the…

Canadian home and auto insurance premium rates continue to increase year over year, per the 2024 Q1 results in the Applied Rating Index. “We continue to watch the market trends as premium renewal rates for both personal auto and personal…

Canada’s auto theft crisis remains in full swing, with some insurers reporting cases of consumers having the same vehicle make and model stolen multiple times. “This isn’t just an isolated case,” says Daniel Ivans, a RatesDotCa insurance expert and licensed…

Ottawa’s slow progress to remediate contaminated sites in the North is leaving Indigenous Peoples at risk and raising the government’s own financial liability for the polluted areas, environment commissioner Jerry DeMarco said Tuesday in a new audit.  DeMarco’s probe found…

A B.C. court has ruled in favour of an insurance brokerage in a dispute over whether or not its broker recommended bumping up a claimant’s Uninsured Motorist Protection (UMP) from $1 million to $2 million before the claimant was catastrophically…

VANCOUVER — Confused shoppers milled around the front of a London Drugs store in downtown Vancouver on Monday, some wondering aloud why they couldn’t access the store to get prescriptions or buy hair dye. A metal gate was blocking them…

Alberta’s long-awaited reports on auto insurance reform have waded into the controversial topic of public versus private auto insurance. A government-commissioned actuarial report by Oliver Wyman concludes B.C.- or Manitoba-style public auto insurance would lead to more significant premium savings…

Underwriters have tightened their underwriting controls to better price for cyber risk from its 2021 high, but claims frequency in 2023 has nevertheless increased 13% since the previous year, cyber insurer Coalition reports.  Claims severity across the board also increased…

Environment Minister Steven Guilbeault is looking for options to protect a southern Ontario First Nation from repeated exposure to benzene from a nearby chemical plant, as the plant issues a new warning about air pollution. Leaders from Aamjiwnaang First Nation…

Editor’s note: An earlier version of this article incorrectly stated that the 2016 Fort McMurray wildfire cost nearly $6 billion in insured damage, citing 2016 loss totals for that year from Insurance Bureau of Canada. However, the $6 billion total…

Tactical evacuations have started in northeastern British Columbia as wildfires tear through the area. An update from the B.C. Wildfire Service Wednesday night said efforts are focused on protecting public life and safety in the Peace River Regional District and…