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).
Finding the ‘Sweet Spot’: Customers still crave human interaction in claims
Toronto, Ontario — Despite the uptick in virtual claims amid the COVID-19 pandemic, consumers still crave human interaction in their claims interactions, according to an
Vive le Verdict: Quebec estimator sees ‘total victory’ following insurer complaint
Trois-Rivières, Quebec — Trois-Rivières, Quebec-based estimator Stéphane Lachance can breathe a sigh of relief after a lengthy deliberation process regarding a complaint Intact Insurance filed
Electric Allowance: Saskatchewan EV tax effective Oct. 1, 2021
Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) is collecting the newly introduced $150 electric vehicle road-use fee on behalf of the Government of Saskatchewan for
Subro’s Start: Tractable launches AI Subro, solution for auto insurers to recover loss and reduce loss ratios
London, United Kingdom — Tractable launched AI Subro last Friday, touting the product as “a new solution that will help US auto insurers resolve subrogation
United Front: Your Car. Your Data. Your Choice. gains attention from insurers
Toronto, Ontario — The ongoing issue of vehicle data ownership within the automotive aftermarket between manufacturers and car owners has also has caught the eye