Canadian auto theft claims losses surged 200% over the past decade despite a 2025 midyear decline, impacting insurance premiums and public safety. IBC calls for stronger federal measures and updated motor vehicle standards.
DBRS Morningstar forecasts a neutral 2026 outlook for Canadian property and casualty insurance, highlighting underwriting discipline, regulatory impacts, and easing reinsurance costs amid climate-related loss volatility.
DBRS Morningstar keeps a neutral outlook for Canada's property and casualty insurance sector in 2026 amid underwriting discipline, competitive pricing, regulatory changes, and climate-related risks, with easing reinsurance costs improving insurer resilience.
DLC Group and Sonnet Insurance launch a referral partnership integrating home and auto insurance into the Velocity mortgage platform, enhancing compliance and customer experience.
Auto theft claims and losses in Canada have surged by 200% over the past decade, driving insurance premiums higher and prompting calls for updated vehicle safety standards and stronger border enforcement.
Alberta's UCP delegates reject the proposed 'Care First' no-fault auto insurance model, emphasizing legal rights and accountability while seeking affordable reform alternatives. Insights on Alberta auto insurance reform with references to BC experience.
Explore the dynamic surge in financial services M&A led by payments, wealth management, and consolidation trends amid evolving regulatory landscapes.
Davies acquires Canada's SCM Insurance Services to enhance claims processing with AI-driven automation, expanding its North American footprint and technology capabilities.
VIN cloning fraud is increasingly impacting Canadian car dealerships and insurers, exposing them to financial losses and reputational risks. Learn how fraud detection tools and regulatory measures aim to combat this growing threat.
Sun Life Financial reports Q3 2025 results with diversified growth in asset management and insurance despite U.S. segment challenges and market volatility. Key financial and operational highlights detailed.
