News
What is one-way car insurance and could it save me money?
8+ hour, 21+ min ago (872+ words) I’ve been seeing people talking online about getting one-way insurance, but I don’t really understand what it is. Doesn’t it just mean skipping collision and comprehensive? Is it a good way to save money? – Douglas, Ottawa Generally, one-way insurance means…...
Inflation Is Heating Up Again. Here's What It Means for Auto Insurers Progressive and Allstate.
3+ week, 5+ day ago (900+ words) Combined ratios matter more than policy growth now. After spending the past couple of years raising rates to catch up with soaring claim costs, auto insurers may be facing another test. The Consumer Price Index rose 4.2% in May from a…...
Ontario’s new auto insurance rules: What every driver, pedestrian and cyclist should know
1+ mon, 21+ hour ago (1271+ words) If you live and drive in Ontario or Alberta, you likely know how fast auto insurance premiums have been rising. Now, both provinces are introducing changes to try to contain costs. Alberta’s reforms don’t take effect until Jan. 1, 2027, so I’ll…...
Ontario’s new auto insurance rules offer the promise of savings – but could become a costly mistake
1+ mon, 3+ day ago (899+ words) Cars drive through downtown Toronto. Starting July 1, Ontario drivers will have to be actively opt into paying for most accident benefit coverages.Laura Proctor/The Globe and Mail If you’re an Ontario driver shopping for car insurance, you’ll soon encounter…...
Ontario’s effort to reduce auto insurance premiums would offer less coverage, little savings
1+ mon, 1+ week ago (1124+ words) Doug Ford is going where several of Ontario’s premiers have gone before: on a quest to reduce the province’s astronomical auto insurance premiums. Mr. Ford’s suite of changes comes into effect on July 1, when a number of benefits that provide…...
What to know about auto insurance changes in Ontario and Alberta
1+ mon, 1+ week ago (823+ words) Vehicles brave rush hour on the Don Valley Parkway in Toronto on Feb. 24.Fred Lum/The Globe and Mail Ontario and Alberta are implementing changes to their auto insurance regulations. Here’s what drivers should know. For drivers in Ontario expecting…...
Roadzen’s VehicleCare Wins Major Indian Insurer Claims Contract
2+ mon, 1+ week ago (126+ words) An announcement from Roadzen Inc ( (RDZN) ) is now available. The most recent analyst rating on (RDZN) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Roadzen Inc stock, see the RDZN Stock…...
Can I negotiate a better car insurance rate?
3+ mon, 3+ week ago (704+ words) In Canada, companies can’t play Let’s Make a Deal with your car insurance. “There’s zero wiggle room,” Adam Mitchell, chief executive officer of Mitch, a Whitby, Ont.-based insurance broker, said in an email. “It’s not a flea market where…...
Roots launches strategic review, including possible sale of retailer
4+ mon, 1+ week ago (159+ words) A Roots clothing store is pictured in Ottawa in 2022.Sean Kilpatrick/The Canadian Press Clothing company Roots Corp. ROOT-T has launched a review of strategic alternatives to maximize value for shareholders. The company says its board will analyze and evaluate…...
Ontario drivers face changes to standard accident benefits on auto insurance policies
4+ mon, 2+ week ago (1024+ words) Starting July 1, Ontario drivers will need to opt in for coverage on income replacement, damages to personal items, funeral costs and other standard accident benefits.Fred Lum/The Globe and Mail Ontario drivers are facing major changes to their automobile…...