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Democrats work to ban an affordable health insurance option..... More »
Some of Canada's biggest insurance companies have updated their policies on marijuana use. The changes have a major impact on regular users' premiums..... More »
A GOP leader wants to scuttle even minor flood insurance reform..... More »
Various Great-West Life websites have been offline for several days following what the company calls a routine IT upgrade, but the benefits and insurance giant says it has not been the victim of a hack, and customers are able to file claims as normal..... More »
Now that the election is over, it’s unclear how newly-appointed Premier Doug Ford will tackle rising auto insurance rates in Ontario.
Over the course of the 2018 provincial elections, both the Liberal and NDP party touched on plans to tackle rising auto insurance rates in Ontario – a hot topic for any Ontario resident with a vehicle, as the province is known to have the highest rates in the country. However, now that Doug Ford’s PC party won the election, it’s unclear how rates will be affected. The party’s published agenda mentions items like scrapping the carbon tax and lowering hydro fees, but does not specifically address the subject of auto insurance in the province.
Prior to Ford becoming the party leader this past March, the PC party indicated that if it was in power, it would end the practice of factoring where you live into your auto insurance rates. Statistically, drivers in urban areas pay more for coverage than drivers in rural areas because insurers receive more claims in areas that are heavily populated and simply have more people on the road…