Rising Car and Home Insurance Premiums?

CPP has suffered a loss in value due to the ongoing stock market problems, unsurprising given the gloom and doom of the Euro zone financial problems, along with the significant US debt issues.

Are insurers also going to suffer losses in their stock holdings in 2011?

If they do, expect car and home insurance rates to rise.

Here is FSCO’s latest approval of car insurance rate increases for the 3rd quarter of 2011.