Cheque please, no tip: ICBC says $190 rebate cheques coming in March

Victoria, British Columbia – Meeting its promise to return a portion of the $600 million in savings accrued during the pandemic, the Insurance Corporation of British Columbia (ICBC) has announced that drivers in the province will have rebate cheques in their pockets come March. All customers who had a policy with ICBC from April to […]

AV? We’ll see…: CCIR report shows AVs on the horizon, insurance industry without a plan

Toronto, Ontario – As the automotive industry continues its journey toward fully-autonomous driving, a recent report from the Canadian Council of Insurance Regulators (CCIR) shed some light on the somewhat murky state of the insurance industry’s preparedness for this evolution. Drawing responses from industry stakeholders across Canada, CCIR’s report, entitled “Connected and Automated Vehicles and […]

Tuesday Ticker: February 9, 2021

Toronto, Ontario ⁠— Microchip shortages continue to plague Canadian plants with temporary shutdowns, DesRosiers reports Canada’s Jan. 2021 auto sales and Hyundai changes its stance on the rumoured Apple car partnership. Microchip mishaps General Motors is the latest automaker to initiate temporary layoffs at a Canadian plant alongside microchip shortages  General Motors said its CAMI […]