Insurance Bureau of Canada

organization

Last mentioned: Mar 18, 2026

Timeline

  1. London Cost Report

    Industry data confirms London, Ontario as a top-tier region for insurance cost increases.

  2. Risk Model Update

    New home insurance risk models incorporating updated flood maps go live for Southwestern Ontario.

  3. Anti-Theft Funding

    Ontario government announces $18M investment to combat organized auto theft rings.

  4. FSRA Investigation

    FSRA launches investigation into 'Take-All-Comers' rule violations across Ontario.

Stories mentioning Insurance Bureau of Canada 2

regulation Bearish

Ontario Insurance Crisis: Regulatory Shifts and Rising Costs in London

Home and auto insurance premiums in Ontario are surging due to a combination of high inflation, a spike in auto thefts, and increasingly frequent climate-related property damage. The city of London has emerged as a focal point for these increases, prompting calls for regulatory intervention and industry-wide reform.

2 sources
other Bearish

Ontario Insurance Costs Surge as London Becomes High-Risk Hotspot

Home and auto insurance premiums are escalating across Ontario, with the city of London experiencing disproportionately high increases. This trend is driven by a combination of climate-related property risks, rising construction costs, and a significant spike in regional vehicle thefts.

2 sources