Featured NewsSevere Weather in 2021 Caused Billion in Insured DamageSevere weather across Canada continues to highlight the financial costs of a changing climate to both insurers and taxpayers.Featured NewsTornadoesDamage from wind is usually covered by insurance. Take precautions and ask your insurance representative to confirm what losses may be covered. Click to learn more.Featured NewsWinter SafetyCanadian winters are tough. From coast-to-coast we all need to be prepared for winter’s wrath. And preparation should start as soon as possible. Featured NewsBusiness Insurance Questions?IBC and its members are here to help protect businesses from risks and find solutions to ensure commercial insurance remains affordable. Click to visit our Business Insurance Help site. 44 New and Trending Media ReleaseSevere Weather in 2021 Caused $2.1 Billion in Insured DamageJanuary 18, 2022 (TORONTO) – Severe weather across Canada continues to highlight the financial costs of a changing climate to both insurers and taxpayers. Insured damage for severe weather events across Canada reached $2.1 billion last year...Media ReleaseEastern Canada windstorm caused over $152 million in insured damageJanuary 13, 2022 (TORONTO) – A storm that moved across eastern Canada from December 11 to 14, bringing strong winds to Ontario and Quebec caused over $152 million in insured damageMedia ReleaseInsurance Bureau of Canada Statement: Speech from the ThroneNovember 23, 2021 (OTTAWA): Today, the federal government's Speech from the Throne committed to strengthening action to prevent and prepare for floods, wildfires, droughts, and other extreme weather worsened by climate change...Media ReleaseIBC’s top 10 tips to reduce insurance premiumsNovember 1, 2021 (TORONTO) – November is Financial Literacy Month in Canada, understanding your insurance policy is an important part of overall financial literacy.Media ReleaseClimate Proof Canada’s COP26 Media StatementNovember 1, 2021 (OTTAWA) – This summer, Climate Proof Canada sent a clear message to government: Yes, we need a strong offence against climate change and we must cut carbon emissions. How Car Insurance Premiums are CalculatedThe make, model and year of your car, the records of people who are insured to drive it and where you live are all considered by insurers when setting rates. You can lower your premium by making informed decisions.