A Catastrophic Calendar: IBC reports insured losses from Nova Scotia’s 2023 wildfires and flooding now approaching half a billion dollars
Halifax, Nova Scotia — The Insurance Bureau of Canada (IBC) has released a “One-Year Update Following 2023 Nova Scotia Wildfires and Flooding” report that details
Policy Problems: Profitability issues challenge Alberta insurers; authorities seek solutions
Edmonton, Alberta — The Alberta insurance market is facing significant challenges, leading to the withdrawal of several major auto insurance providers from the province. Earlier
Reporting Resources: ASSI launches site for collision reporting from home in Ont., Alta., P.E.I.
Toronto, Ontario — Accident Support Services International Ltd (ASSI) has announced its “Start From Home” online service to allow citizens who have been involved in
Flooding Fixes: FSRA allowing licensed adjusting firms to use claims adjusters licensed outside of Ontario as response to recent Toronto flash-flooding
Toronto, Ontario — The Financial Services Regulatory Authority of Ontario (FSRA) has implemented temporary measures to allow claims adjusters to process insurance claims more quickly,
Payment Proposals: Conseil D’Experts Sur Les Contributions D’Assurance Automobile reveals recommendations for the creation of streamlined insurance categories for commercial vehicles
Quebec City, Quebec — The Counseil D’Experts Sur Les Contributions D’Assurance Automobile has announced that an expert panel on Quebec auto insurance has welcomed a
Annual Insights: SGI 2023-2024 Annual Report reveals $78 million in net income; overall claims costs down
Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) reported $78 million in net income in its 2023-24 annual report, which was tabled in the Legislative Assembly
Adiós Aviva: Aviva to discontinue its Aviva Direct insurance program in Alberta by January 2025 due to lack of profitability
Edmonton, Alberta — Aviva Canada has announced its intention to phase out its Aviva Direct home and auto business insurance program in Alberta in early
Climbing Claims: Rising windshield claims cost ICBC more than $100 million each year, says recent report
Victoria, British Columbia — Data collected by the Insurance Corporation of British Columbia (ICBC) shows that there is a growing number of glass repair and
All Hands On Deck: SGI reports 2,500 autoclaims from weekend storm in Saskatchewan
Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) has reported that as of Tuesday afternoon, the insurer has handled 2,527 autoclaims as a result of a
Sustainability Sessions: Solera and Simplicity Car Care host Automotive Industry Sustainability Summit
Toronto, Ontario — Simplicity Car Care and Solera Audatex joined forces on Tuesday in Toronto to host an inaugural Automotive Industry Sustainability Summit dedicated to
Fire Frustrations: MPI Gateway Service Centre temporarily closes due to unexpected fire
Winnipeg, Manitoba — Due to an overnight fire that occurred on June 19th, Manitoba Public Insurance (MPI) has announced that the Crown corporation’s Gateway Service
Sayonara, Sonnet: Sonnet Insurance Company to end auto insurance business in Alberta, effective Dec. 13, 2024
Edmonton, Alberta — Sonnet Insurance Company will phase out auto insurance operations by Dec. 13, 2024, the company announced last Friday. The company cited December