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.

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.

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.

Auto theft in the U.S. drops by 17% in 2024, but auto insurance premiums continue to rise due to repair costs, inflation, and legal factors influencing the insurance market.