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Insurance News

Driving Choice

Sonnet explains Nova Scotia auto insurance rate increase

January 11, 20208:41 am

Sonnet, the online direct insurance company operated by Economical Insurance, can increase auto insurance premiums by around 50% across its customers in Nova Scotia. The increases arrives following approval this…

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Climate change cost Canada an average of $400 million over three years

January 10, 20208:56 am

Natural disasters are not just hitting the profits of insurance companies, they are also impacting the economy. The bill for the government to handle natural disasters for each of the…

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Lake Ontario

Cat events shape Intact Insurance’s Q4 results

January 10, 20208:46 am

Intact Financial Corp. says catastrophic events were a major part of its fourth quarter 2019 ahead of the release of its financial results. According to the company, catastrophe claims stood…

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