Auto Insurance: Page 23

Auto Insurance

Safety Shortcomings: IIHS reports Jeep Wagoneer SUV safer than other popular models

Toronto, Ontario — While the size of many SUVs may make some drivers feel safer behind the wheel, a recent safety report from the Insurance Institute for Highway Safety (IIHS) shows that of popular models, the Jeep Wagoneer is the only one that qualifies for a 2024 Top Safety Pick award. When looking at the […]

Collision Repair

Premier Pumps Brakes: Alberta Premier says ‘no appetite’ for government-run auto insurance system despite potential consumer savings

Edmonton, Alberta — Alberta Premier Danielle Smith recently announced that the province will not be considering government-run public auto insurance despite a recent report suggesting hundreds in savings for drivers. The report by Oliver Wyman and Nous Group was originally commissioned by the Alberta Treasury and Finance Board. In the report, “Olive Wyman’s calculations (predicted) […]

Collision Repair

Climbing Costs: Insurance Bureau of Canada reveals Ontario’s top ten costliest cities for auto theft claims; reports record-shattering 524 percent cost increase in last five years

Toronto, Ontario — For the first time, the Insurance Bureau of Canada (IBC) has released a list of the top ten costliest cities in Ontario for auto theft claims, and further, reveals a 524 percent cost increase across Ontario since 2018. According to the newly released data, auto theft claims costs have also surpassed $1 […]

Technology

EV/AV Report: Electric vehicles climb mountains; while autonomous vehicles face regulation scrutiny

Toronto, Ontario — In this weekly electric and autonomous vehicle report, Ford plans to run an augmented F-150 Lightning in the upcoming Pikes Peak International Hill Climb; while the Insurance Institute for Highway Safety (IIHS) calls on the National Highway Traffic Safety Administration (NHTSA) to increase the regulations surrounding autonomous vehicles. Race to the clouds […]

EV

Estimating, EV Repair, Profitability and More: CARSTAR Canada hosts spring regional meetings with record attendance

Hamilton, Ontario — CARSTAR Canada recently concluded its spring regional meetings, bringing together its franchise family from across Canada. The event was designed to provide a platform for insightful and productive sessions allowing franchisees to receive valuable training in areas from estimating to EV repair, co-op placement and everything in between. “We experienced the highest […]

Auto Insurance

Hail-Caused Havoc: MPI opens temporary hail-related damage claims centre; ATA and repairers cite multiple factors creating delays in repairs

Winnipeg, Manitoba — Manitoba Public Insurance (MPI) recently announced the opening of a temporary hail-related damage claims centre following a storm in the Winnipeg area last week. Specifically, on Wednesday, the Crown corporation announced the opening of the centre at 1981 Plessis Rd. which will offer hail-related damage claims Monday through Friday from 8:30 a.m. […]

Regarding Rates: Saskatchewan bodyshop material rates to remain $6.12 per hour; SGI commits to 6.5 percent paint shop materials increase in 2024

Regina, Saskatchewan —Tom Bissonnette, director of the Saskatchewan Association of Automotive Repairers (SAAR) and Terry Beattie, SAAR board member and owner of LB Beattie Autobody, recently met with Saskatchewan Government Insurance Management to discuss bodyshop material (BSM) rates, among other topics.  “Bottom line,” wrote Bissonnette in his weekly newsletter to SAAR members. “SGI will leave […]

Stunting Stunt Driving: Drivers in Saskatchewan will now automatically lose license for a week and vehicle for a month for stunt driving

Regina, Saskatchewan — Drivers in Saskatchewan will now automatically lose their license for a week and their vehicle for a month for stunt and high-speed driving, according to the Saskatchewan Government Insurance (SGI). These new driving penalties came into effect in the province on Wednesday and were initially processed in February. Prior to this change, […]

Service Scramble: Service contracts to be considered as automobile insurance contracts in British Columbia, says BCFSA

Victoria, British Columbia — The British Columbia Financial Services Authority (BCFSA) has issued a Regulatory Statement to respecify what is considered a service contract versus insurance contract in the province. The Regulatory Statement is specifically titled as “Product Warranty, Vehicle Warranty, and Automobile Insurance,” and according to the new policy, under the statement, contracts that […]

Have Your Say: Alberta gov’t seeks feedback on auto insurance reforms

Edmonton, Alberta — The Alberta government is currently considering auto insurance reforms and is seeking public feedback in order to implement a decision that is broadly accessible.  Notably, Alberta’s government recently asked independent experts to look at systems that could help reduce the costs of auto insurance and “improve the sustainability of the insurance industry.”  […]

Inspecting Inspections: Nova Scotia government reviewing motor vehicle inspection requirements, says CBC

Halifax, Nova Scotia — The Nova Scotia government is reviewing the requirements for motor vehicle inspections (MVI), CBC News has reported. A spokesperson for the Public Works Department told CBC News in a statement that the provincial government started looking at MVI fees at the beginning of this year. Currently, in Nova Scotia, MVIs are […]

Front-Crash Findings: Few small SUVs excel in new IIHS front crash prevention test; only Subaru Forester secures ‘Good’ rating

Toronto, Ontario — Only the Subaru Forester has secured a ‘Good’ rating out of ten tested vehicles in the Insurance Institute for Highway Safety’s (IIHS) new high-speed vehicle-to-vehicle front crash prevention evaluation. The test, which evaluated vehicle performance with a motorcycle and semi trailer as well as a passenger car, aimed to address vehicle crashes […]

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