The Ontario Insurance News Roundup for the week of October 4, 2021 looks at flooding, condo insurance rates, the tow truck turf war, the hardening realty insurance markets, expensive cities for home insurance, motorcycle insurance in Ontario. Southwestern Ontario...
The Ontario Insurance News Roundup for the week of March 3, 2020 looks at changes to Ontario's out-of-country health insurance coverage, mortgage stress tests, auto insurance rates, and the tow truck turf war. Ontario drivers overpaying for car insurance, report...
On January 1, 2019, a section of The Cannabis, Smoke-Free Ontario and Road Safety Statute Law Amendment Act that deals with distracted driving will take effect. According to the Government of Ontario website, deaths from collisions caused by distracted driving have...
Auto insurance rates have been a hot political topic in Ontario for many years. For instance, one or more political parties have promised the reduction of auto insurance rates as part of their election platforms. These ideas include Government run insurance systems...
Breaking down some of the most common myths about car insurance. Red cars cost more to insure than any other color of vehicle. Contrary to popular belief, the color of your car has no impact on your premium, so driving a red car does not mean you’ll pay more for...
Effective September 1, 2015, the Ministry of Transportation in Ontario will update the rules of the road. Distracted driving Current: $60 – $500 fine New: $490* fine and three demerit points; minimum 30-day suspension for novice drivers “Dooring” of cyclists or...
Toronto police have arrested Alexandr Chertin, 73, for allegedly selling fake auto insurance pinks slips, resulting in insurance claim payouts worth more than $1 million. Police say that the man is not a licenced insurance broker and is not affiliated with any...
The Financial Services Commission of Ontario (FSCO) is warning consumers that an individual known as Frank Domalewski is not licensed to do insurance business in Ontario. This individual appears to have signed a fraudulent insurance policy for pieces of salon...
Auto insurance fraud is a major problem in Canada and adds an estimated $1.6 billion to auto insurance premiums according to the Insurance Bureau of Canada (IBC).The following videos from the IBC tell you what you need to know about staged collisions and show three...
