INSURANCE NEWS
INTACT IMPACT Intact Insurance’s personal auto insurance claims grew by 28 percent in Q2 2022, though its CEO Charles Brindamour say the gains are more than just “pricing-driven.” “Equally important is how we manage claims and our supply chain,” the CEO referenced during Intact’s Q2 2022 earnings call. The insurer tours relations with collision repairers […]
BUSINESS NEWS
HEAD ABOVE WATER One in six small business owners are considering going out of business, according to a report from the Canadian Federation of Independent Business (CFIB). The CFIB’s report, released on August 11, says official small business bankruptcy numbers have been “steadily increasing since the beginning of the year and are currently at a […]
INDUSTRY NEWS
TO EACH THEIR OWN A deep dive into the consolidation trends of the collision repair industry published by the Financial Post on August 25 offered scathing criticism of the business practices of insurers in the auto repair space, and solutions. Titled “Self-preferencing is cannibalizing Canada’s autorepair industry,” Vass Bednar, head of McMaster University’s Public Policy […]
THE AUTEL IA900WA – THE POWER OF ONE
THE SEPTEMBER DEADLINE FOR AUTOMAKERS TO HAVE CITY-SPEED AUTOMATIC EMERGENCY BRAKING (AEB) ON 95 PERCENT OF THEIR NEW VEHICLES IS LOOMING. TWELVE BRANDS—AUDI, BMW, FORD/LINCOLN, HONDA/ACURA, HYUNDAI/GENESIS, MAZDA, MERCEDES-BENZ, SUBARU, TESLA, TOYOTA/LEXUS, VOLKSWAGEN, AND VOLVO—HAVE ALREADY MET THAT VOLUNTARY GOAL. If the remaining eight brands meet the mark, more than 99 percent of all new […]
PEOPLE ON THE MOVE
ERIC MARSHALL | GENESIS MOTORS CANADA Eric Marshall took over as director of Genesis Motors Canada on September 1st, as Lawrence Hamilton transitions out of the role. Marshall will be responsible for all aspects of Genesis’ Canadian operations. Marshall has worked with Hyundai Canada since 2015 as product manager, transitioning to Genesis in 2016 alongside […]
IT ALL STARTS WITH YOU
Is it time for a national association? The Collision Repair Bureau might be the answer By DARRYL SIMMONS Now that we’re basically done with the pandemic—or have at least learned how to deal with it—all shops can get back to the real issues facing their business, namely profitability, sustainability, image building and attracting more qualified […]
