Competitive pressures in certain segments are expected to limit premium increases in the property and casualty insurance
Production order identifies agents selling subsequently cancelled policies on cars for export.
Insured losses reached new highs in Canada, but the outlook for insurers remains stable.
Inter-provincial barriers need to be eliminated in the face of new U.S. trade pressures.
A recent update from the C.D. Howe Institute confirms that trends observed in earlier studies continued into 2022.
Rate cap increased but remains in place at 7.5 per cent for good drivers.
Insurers and claimants must make the switch before May 7, 2025.