Podcast

Trade Wars and EV Claims Costs Podcast 08

Trade Wars and EV Claims Costs Podcast 08 In 2024 Q2, the average repair cost for battery electric vehicles was $6,534 A North American trade war against China is impacting the electric vehicle (EV) market. Higher tariffs on Chinese EVs, imposed by both Canada and the US, are predicted to slow EV adoption in these …

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How can Insurance help in Trade War +25% Tariffs between the U.S. and Canada? Podcast 07

How can Insurance help in Trade War +25% Tariffs between the U.S. and Canada? Podcast 07 Mitigating Trade War Risks for Clients New tariffs between the U.S. and Canada on various goods are impacting businesses. Insurance professionals are advising clients on mitigating these effects through strategies such as supply chain diversification, utilizing business interruption insurance, …

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Auto insurance premiums rising by an average of 11.3% Podcast 06

Canada auto insurance premiums rising by an average of 11.3% Podcast 06 Canada experienced record-high catastrophe losses in 2024, totaling $8.5 billion, leading to a hard market in personal auto and home insurance. This resulted in significant premium increases across all provinces in the fourth quarter of 2024, with auto insurance premiums rising by an …

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