Long term outlook for automobile insurance in Canada

Long term outlook for automobile insurance in Canada

In a recent online article, Canadian Underwriter magazine asked the question, Is the sun setting on auto insurance in Canada? In my view, it may be late afternoon for the automobile insurance market, but I think it will be a while yet before the sun fully sets on this line of business. Although automobile insurance … Read more

What’s fair when it comes to setting automobile insurance rates? –

What's fair when it comes to setting automobile insurance rates? -

Political pressure to keep automobile premiums low is a problem that has bedevilled Ontario insurers for some time now. The problem certainly isn’t new and it isn’t going away. It also crosses party lines. Four years ago, the Liberal government introduced legislation aimed at reducing auto insurance premiums by 15%. That goal was not achieved. … Read more