Financial Services Regulatory Authority of Ontario releases 2026 auto insurance injury claim indexation amounts with a 2.4 per cent increase

The Financial Services Regulatory Authority of Ontario has published the 2026 indexation amounts for auto insurance injury claims, increasing indexed benefit payments and related amounts by 2.4 per cent to reflect inflation. The 2.4 per cent indexation rate is calculated using Statistics Canada’s Consumer Price Index for Canada. It applies to monetary and deductible amounts related to certain court awards for claimants and to specified benefits under the Statutory Accident Benefits Schedule, including amounts paid for income replacement, caregiver expenses and rehabilitation. Under the Insurance Act, FSRA must publish the indexation percentage and certain amounts each year for purposes of the Statutory Accident Benefits Schedule and tort claims.