About Us

The New Brunswick Insurance Board (NBIB) is a quasi-judicial administrative tribunal established by the Government of New Brunswick in 2004 as the regulatory agency for automobile insurance rates with the overall supervision of automobile insurance rates in New Brunswick. The NBIB is an independent agency that operates at arm’s-length from government.

The Insurance Act requires that insurers file their proposed rates at least once every 12 months. The Board, staff and actuaries review these filings in order to ensure the proposed rates are just and reasonable. The NBIB also fulfills a stewardship role and educates consumers on automobile insurance.

Proud Supporters of:

Teens Against Drinking and Driving (TADD NB) is a student lead organization whereby teens volunteer their time and energy promoting alcohol awareness through peer education programs, assisting in the elimination of impaired drivers on our highways, and raising the level of awareness of the inherent dangers of drinking and driving among high school students as well as the community.

Since 2006 the New Brunswick Insurance Board has helped raise funding for TADD through Annual TADD Charity Golf Classics. The Board is presently involved in creating the New Brunswick Teens Against Drinking and Driving Foundation. This Charitable Foundation will be responsible for the financial administration of funds dedicated to the organization.

History

New Brunswick Insurance Board named (04/09/23)
NB 1044
Sept. 23, 2004