Media Releases Read some of our recent news releases. Each year, IBC responds to more than 700 requests from the media for information and interviews. IBC works to increase Canadians’ understanding of the home, auto and business insurance industry.To book an interview with an IBC spokesperson, please contact a member of our media relations team or complete a Media Request Form. For media inquiries during regular business hours, contact:Brett WeltmanManager, Media RelationsEmail: bweltman@ibc.ca Anne MorinMedia Relations (French and English language, Quebec region only)Email: amorin@bac-quebec.qc.ca For all other inquiries, please visit Contact Us to reach an IBC representative. FilterSelect Region Canada Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Nova Scotia Northwest Territories Nunavut Ontario Prince Edward Island Quebec Saskatchewan Yukon All Regions Select Section About Us Auto Business Disaster Home IBC Advantage Insurance 101 Legal Members Resources The Future All Categories Media Releases SortDateTitleDescriptionCat.Reg.Insurance Bureau of Canada Responds to New GFIA Report on Global Protection Gaps3/14/2023 | Resources | NationalMarch 14, 2023 (TORONTO) – A new report released today by the GFIA underscores the need for governments and the private sector to collaborate more closely to address threats of Canadians by natural catastrophes.Opinion: It's time to invest in a national flood insurance program3/8/2023 | Resources | NationalCanada is becoming a riskier and more dangerous place to live. That's not an opinion – it's a fact.Insurance Bureau of Canada statement: IBC applauds federal support for BC’s disaster recovery, urges action on a national flood insurance program2/23/2023 | Resources | bcFebruary 23, 2023 (VANCOUVER) – Today, the federal government announced a second advanced payment of over $550 million for British Columbia through DFAA program, to assist with recovery costs associated with the 2021 BC Floods.IBC welcomes its new President & CEO, Celyeste Power1/31/2023 | Resources | NationalJanuary 31, 2023 (TORONTO) – Insurance Bureau of Canada (IBC) is proud to welcome Celyeste Power as its new President and CEO. Power's appointment was announced in November of 2022, and her tenure officially began on January 1.Fact Check: Flawed methodology used in ICBC auto insurance report1/24/2023 | Resources | ab bcOn December 8, 2022, the Insurance Corporation of British Columbia (ICBC) released findings from a new report by Ernst & Young (EY) that suggests that BC drivers...Severe Weather in 2022 Caused $3.1 Billion in Insured Damage – making it the 3rd Worst Year for Insured Damage in Canadian History1/18/2023 | Resources | NationalJanuary 18, 2023 (TORONTO) – Nationally, insured damage for severe weather events reached $3.1 billion last year, according to Catastrophe Indices and Quantification Inc. (CatIQ).ICBC’s internal operating budget soars to over $1 billion11/30/2022 | Resources | bcNovember 30, 2022 (VANCOUVER) – Insurance Corporation of British Columbia (ICBC) projects that its annual internal operating expenses – which support employee salaries, benefits and other costs – will grow to more than $1 billion next year.Insurance Bureau of Canada statement: ICBC projects financial loss of $298 million11/25/2022 | Resources | bcNovember 25, 2022 (VANCOUVER) – In the Province of British Columbia's Second Quarterly Report released today, the Insurance Corporation of British Columbia (ICBC) is projected to record a financial loss of $298 million for the current year.Insurance Bureau of Canada statement: Government of Canada’s National Adaptation Strategy11/24/2022 | Resources | NationalNovember 24, 2022 (OTTAWA) – Today, the Government of Canada released its first-ever National Adaptation Strategy entitled, "Canada's National Adaptation Strategy: Building Resilient Communities and a Strong Economy."New polling shows British Columbians want more action on flood risk11/14/2022 | Resources | bcNovember 14, 2022 (VANCOUVER) – One year ago, a series of atmospheric rivers brought unprecedented rain to southwest British Columbia (BC).31150 1234 Next Related ServicesOp-edOn behalf of its members, IBC works to increase the understanding of breaking and current news regarding home, auto and business insurance. IBC produces regular opinion and editorial content (op-eds) for the media.Fraud AlertsIBC issues fraud alerts to inform consumers about scams. Fake policies and non-existent insurance companies can put you and your insured property at risk.SpeechesAt events across Canada, IBC insurance experts share their knowledge by speaking on everything from severe weather to property and casualty coverage. IBC also regularly hosts public and industry events to relay news about the home, auto and business insurance industry. Media RequestsOn behalf of its members, IBC works to increase Canadians’ understanding of home, auto and business insurance. From timely news releases and op-eds, to fraud alerts, bulletins, speeches, blogs and more, IBC’s publications are recognized as a key source of Canadian insurance industry information. Useful LinksAbout UsInsurance Bureau of Canada (IBC) is the national industry association representing Canada’s private home, auto and business insurers. Its member companies represent 90% of the Canadian property and casualty (P&C) insurance market. Contact UsIBC has consumer information centres in each of its regional offices to address your specific questions. If IBC’s information officers do not know the answers to your questions, they will direct you to someone who does. Vision and MandateConsumers and governments trust, value and support the private property and casualty insurance industry, and its products and services.