Illinois Homeowners Pay Over $2,700 in Insurance, 14% Above National Average
A recent study shows Illinois homeowners now pay over $2,700 annually for home insurance, about 14% more than the national average.
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6 storiesnewest firstlatest August 8, 2026
June Storms Generate Over $1.1 Billion in Insured Losses
Severe storms and flooding in June 2026 across Manitoba, Saskatchewan and the Montreal area resulted in insured damages exceeding $1.1 billion, according to the Insurance Bureau of Canada. The event underscores the financial impact of extreme weather on the nation's insurance sector.
Ontario Limits Auto Insurance Benefits for Pedestrians and Cyclists
Effective July 1, 2026, Ontario's new auto insurance rules restrict accident‑benefit eligibility for pedestrians and cyclists, altering the province's insurance framework for road collisions.
Ontario Auto Insurance Overhaul Raises Cost Concerns
Ontario’s spring 2024 budget introduced auto insurance legislation changes meant to increase driver flexibility and choice, but the public is concerned the reforms could lead to higher premiums.
Ontario Shifts Some Auto Insurance Benefits to Optional Status
Ontario will make some mandatory auto‑insurance benefits optional starting July 2026, giving drivers the choice to include or exclude them. Experts note potential flexibility, while customers weigh the benefits against possible coverage gaps.
Ontario to Make Some Auto Insurance Benefits Optional in July
Starting in July 2026, Ontario will allow drivers to opt out of certain auto insurance benefits that are currently mandatory, giving them the option to customize their coverage.
