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News
Is insurance ready for the electric vehicle boom?
2+ mon, 1+ week ago (1233+ words) These are the numbers that frame everything that follows because all those cars need insurance and the...Australian insurance market is not quite ready for them....Broker Anthony Saunders (pictured left), partnership director for EnviroSure at Gow-Gates Insurance Australasia...Saunders…...
Is Doug Ford driving up car insurance premiums?
1+ mon, 1+ week ago (260+ words) For the insurance industry, that raises a question with nothing to do with politics and everything to...Speed camera tickets never touched a driver's insurance record in Ontario....appear on an abstract, a point raised when Ontario's speed camera ban…...
Canadian EV insurance costs 36.8% more than gas. The gap is getting wider, not smaller
2+ mon, 1+ week ago (768+ words) Canada's EV insurance problem is circular....The average EV driver in Canada pays $3,131 per year for auto insurance, compared with $2,289 for gas-powered...Source: Rates.ca data, Q1 2025, via Insurance Business Canada (May 2026)....Total loss rates and repair costs: MyChoice.ca citing…...
Kiwi EV owners foot a steeper insurance bill than petrol drivers
3+ mon, 1+ week ago (563+ words) Insurance Business Kiwi EV owners foot...a steeper insurance bill than petrol drivers Scarce certified technicians and imported parts are pushing...premiums higher Electric vehicle owners in New Zealand are paying considerably more for car insurance...premiums varying by model…...
Lemonade expands Tesla FSD insurance to Colorado
2+ mon, 3+ week ago (369+ words) Lemonade has extended its Autonomous Car insurance product to Colorado, continuing a state-by-state rollout...tesla.lemonade.com/fsd, with additional savings available when bundled with Lemonade's renters, home or pet insurance...President and Co-Founder of Lemonade, said the product "cuts…...
Extended warranty or insurance product? The answer now carries enforcement risk
1+ mon, 1+ week ago (707+ words) Extended warranty or insurance product?...The company has maintained that certain dealer-distributed warranty products are not insurance contracts...and therefore do not fall within the same regulatory framework as insurance products....risks – and that depending on the circumstances, an extended…...
Cadillac F1 owner denies sale talk as insurance probe widens
3+ week, 4+ day ago (574+ words) speculation that the team could be sold as a federal investigation into billionaire Mark Walter's insurance...Group 1001, which includes Delaware Life and Clear Spring, has maintained that its insurance businesses...
Report: Rising insurance costs are pricing enthusiasts out of performance cars
2+ mon, 2+ week ago (521+ words) Insurance Business Report...: Rising insurance costs are pricing enthusiasts out of performance cars Insurance costs are quietly...actuarially, and they are the foundation on which a structural repricing of the US performance car insurance...
ACCC takes Subaru to court - and the insurance cost argument just got harder to ignore
2+ week, 6+ day ago (185+ words) RACV general manager of insurance Bill Bloodworth has noted that EVs' unique components, including batteries...RACV reported that BYD insurance quotes rose 134% and Tesla quotes rose 54% in March 2026 compared with...
Insurers push broader repair laws to curb motor claims costs
2+ mon, 4+ day ago (737+ words) Insurance Business Insurers push broader...repair laws to curb motor claims costs The industry says parts access, not just repair information,...Treasury review found the scheme had been associated with a $2.4 billion annual increase in automotive industry...The Insurance Council…...