Featured NewsSevere Weather in 2022 Caused $3.1 Billion in Insured Damage – making it the 3rd Worst Year for Insured Damage in Canadian HistoryEvery community across Canada is at heightened risk of natural catastrophes January 18, 2023 (TORONTO) – Severe weather across Canada continues to highlight the financial costs of a changing climate to insurers, governments and taxpayers. Nationally, insured damage for severe weather events reached $3.1 billion last year, according to Catastrophe Indices and Quantification Inc. (CatIQ). 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 NewsAre you cyber savvy at work?As cyber threats increase, it’s more important than ever for businesses and employees to take proactive measures to help protect themselves.Featured NewsWindstorms & TornadoesDamage 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 NewsSevere Weather in 2021 Caused 2.1 Billion in Insured DamageSevere weather across Canada continues to highlight the financial costs of a changing climate to both insurers and taxpayers.55 New and Trending Media ReleaseInsurance Bureau of Canada statement: IBC applauds the Government of Ontario on its first Emergency Management Strategy and Action PlanToday, the Government of Ontario released the province’s first-ever Emergency Management Strategy and Action Plan.Media ReleaseIBC welcomes its new President & CEO, Celyeste PowerJanuary 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.Media ReleaseSevere Weather in 2022 Caused $3.1 Billion in Insured Damage – making it the 3rd Worst Year for Insured Damage in Canadian HistoryJanuary 18, 2023 (TORONTO) – Nationally, insured damage for severe weather events reached $3.1 billion last year, according to Catastrophe Indices and Quantification Inc. (CatIQ).Media ReleaseIBC Cautions Ontario Residents: Take Steps to Prepare for Winter StormEnvironment Canada has issued winter storm warnings and watches in advance of a system that will arrive in Ontario today and continue with hazardous conditions through to Saturday. Media ReleaseInsurance Bureau of Canada statement: Government of Canada’s National Adaptation StrategyNovember 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." 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.