Rate Daze: Auto insurance rating systems becoming complex beyond understanding, lawyer says
Toronto, Ontario — The current Canadian auto insurance rating system is so complex, a lawyer who recently spoke at a recent insurance industry event said
S-U-VANDALISM: SUVs targeted by activists, tires deflated in environmental crimes
Kitchener, Ontario — In a bizarre act of so-called justice, environmental activists in Kitchener have claimed responsibility after deflating tires of over 30 SUVs. Admissions
GAS LOL, I’LL SUE and More: ICBC’s list of personalized plate rejects
Victoria, British Columbia — The Insurance Corporation of British Columbia (ICBC) disappointed plenty of drivers in the last two years as the crown insurer rejected
Not Quite the Rockies: MPI sees 479 percent increase in pothole-related claims
Winnipeg, Manitoba — Buckle up, Manitoban drivers. It’s bumpy out there. In fact, roads in the province are so rutted that Manitoba Public Insurance says
Cancelled Dates: ICBC license decals no longer required as of May 1
Victoria, British Columbia — Starting tomorrow, May 1, B.C. drivers no longer need to display license decals showing the month and day their insurance is
INSURANCE NEWS
While Wyllie and Kennedy both anticipate further claims to surface, ICBC maintains that it is “too early” to estimate total claims and costs. THE LITERAL
Snowy Statistics: Winter tire use reduces collision claim frequency by 6.3%, says MPI
Winnipeg, Manitoba — Based on analysis of claims received by Manitoba Public Insurance (MPI) between November and March, the public insurer has found that winter
Time for a Chit Chat: SGI to seek collision centre feedback at Dec. 2 Town Hall
Estevan, Saskatchewan — Saskatchewan Government Insurance (SGI) will be hosting a Town Hall this Thursday, December 2 at the Western Star All Suites in Estevan
Water Woes: More than 500 flood claims so far, says ICBC
Abbotsford, British Columbia — The Insurance Corporation of British Columbia (ICBC) says it has received more than 500 claims as a result of severe flooding
Balancing the Books: Intact sees decrease total loss severity, Q3 2021
Toronto, Ontario — Intact Financial Corp. reported its Q3 2021 financials last week, where the auto insurer said it maintains a mid-80s combined ratio on
Holy Hail: Regina’s summer hailstorm spurs $90 million in claims, 11,000 auto claims
Regina, Saskatchewan — An Aug. 31 hailstorm that pummeled the Regina, Sask. area has resulted in 11,004 auto claims, according to Saskatchewan Government Insurance (SGI).
