Featured NewsCOVID-19 and business insurance: How coverage is triggered These are uncertain and challenging times. With COVID-19 causing global concern, we understand many Canadians will have questions related to commercial insurance. IBC has produced a brief Q&A document outlining how coverage is triggered and how business interruption policies work.11 New and Trending Media ReleaseInsurers committed to working with consumers during these uncertain timesMarch 19, 2020 (TORONTO) – Canada’s property and casualty insurers are committed to helping consumers and business owners during this challenging time.Media ReleaseIBC: Spot these five common insurance fraud scamsMarch 3, 2020 (Toronto) – At the kick-off to Fraud Prevention Month, Insurance Bureau of Canada (IBC) advised the public to watch out for insurance fraud scams. Call 1-877-IBC-TIPS (422-8477) to report insurance fraudMedia ReleaseClimate adaptation estimated to cost municipalities $5.3 billion annuallyFebruary 26, 2020 (TORONTO) – The Federation of Canadian Municipalities (FCM) and Insurance Bureau of Canada (IBC) released a report entitled Investing in Canada's Future: The Cost of Climate Adaptation at the Local Level.Media ReleaseJanuary storm caused over $95 million in insured damageFebruary 18, 2020 (TORONTO) – The January 10 to 12 storm in southern Ontario and Quebec caused over $95 million in insured damage, $81.6 million in Ontario and $13.7 million in Quebec...Media ReleaseInsurance Bureau of Canada rejects false Lazar reportFebruary 13, 2020 (TORONTO) – OTLA released a report today by a gun-for-hire university professor whose previous work on insurance industry revenues has been characterized as not an accurate reflection of the actual profit levels. 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. IBC Blog Disaster Proofing CanadaP&C insurers call for partnership on a made-in-Canada flood programInsurance InnovatiONSmart solutions for Ontario driversBC - Better Auto InsuranceNow, more than ever, it is time for change… and choice.