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Newfoundland and Labrador drivers overpaid auto insurance premiums: expert

An associate professor of economics at York University in Toronto presented a report to the Public Utilities Board (PUB) insurance review hearings Thursday in St. John’s that suggests drivers in this ... read more

Insurance Bureau of Canada to Newfoundland, Labrador: Remove Insurance Tax

The Insurance Bureau of Canada ... on insurance premiums. “The people of Newfoundland & Labrador have the highest insurance tax burden in the G8,” stated Don Forgeron, the IBC’s ... read more

IBC wants Newfoundland to remove insurance premium tax

He adds: “These unnecessary taxes are an unfair burden on homeowners and drivers, for whom insurance is a vital product. Premium ... tax problem in Newfoundland and Labrador has been clear since the ... read more

Auto insurance board blasted by Liberals, NDP

New Brunswick drivers generated identical levels of auto insurance accident claims as drivers in Newfoundland and Labrador over ... "There's a massive overpayment and that money needs to go back to ... read more

Province's auto insurance review not rushed at all, says Insurance Bureau of Canada

In the end, Dean hopes the review will be successful in stabilizing rates for Newfoundlanders and Labradorians. "Where we are motivated is ensuring that we do our part to ensure that auto insurance .. ... read more

IBC calls for elimination of insurance tax in Newfoundland and Labrador

“The people of Newfoundland & Labrador have the highest insurance tax burden in the G8,” says Don Forgeron, vp, Atlantic, Insurance Bureau of Canada. “For every dollar of home, car ... and drivers, ... read more

The truth about insurance caps

In Newfoundland and Labrador there is ... (Resource: Insurance Bureau of Canada) Not only is this a huge reduction of coverage that the Ontario driver needs to be aware of, but the announced reduction ... read more

Driving expert: ‘Speeding has been normalized in Atlantic Canada’

Newfoundland and Labrador also has the highest average insurance rates in Atlantic Canada ... It also found 40 per cent of speeding drivers involved in fatal car accidents were between the ages of 16 ... read more

Auto body shop scams could be hiking insurance costs, says industry expert

A recent investigation by a national insurance company showed consumers in Ontario could be footing the bill for auto body scams, and a St. John's cab company manager says he's found evidence of the ... read more

Running hot

It all adds up to a pivotal time for auto insurance, and a test of whether these changes can keep a healthy tension between reasonable claims payout and stable rates ... be introduced in PEI in 2015. ... read more