Auto Insurance: Page 27

Collision Repair

Winning in Winnipeg: ATA of Manitoba hosts trade show, collision olympics

Winnipeg, Manitoba — The Automotive Trades Association (ATA) of Manitoba held its Trade Show and Collision Olympics on Friday at the Canadinns Polo Park in Winnipeg, where collision vendors, shops and students spent the day exploring the exhibition floor, interacting with industry-leading vendors and even go to as spectators to the event’s collision repair competition. […]

Auto Insurance

Flash-Flooding Fees: Severe summer storms in Ontario cause over $340 million in insured damages

Toronto, Ontario – According to early estimates from Catastrophe Indices and Quantification Inc. (CatIQ), as referenced by the IBC, the severe storms and flash-flooding that hit parts of Southern Ontario over the summer have resulted in over $340 million in insured losses.  Of this total amount, over $80 million—or close to 25 percent—went towards replacing […]

Auto Insurance

Insurer Report Card 2023: Time for collision repairers to grade Canada’s insurers

Toronto, Ontario — It’s the most wonderful time of the year–for some, at least. It’s once again time to put on your grading caps and submit your feedback on Canada’s automotive insurers! In this annual Insurer Report Card, we’re asking members of Canada’s collision repair community to hear their feedback on working alongside insurance adjusters […]

Auto Insurance

Insurance Rates Feel the Heat: British Columbia summer wildfires result in $720 million in insured damages

Victoria, British Columbia – According to a recent report made by the Insurance Bureau of Canada, this summer’s wildfires in the Okanagan and Shuswap areas of British Columbia have resulted in over $720 million in insured losses. This data–taken from initial estimates made by Catastrophe Indices and Quantification Inc. (CatIQ)–represents the most costly insured event […]

Auto Insurance

INSURANCE NEWS

ONTARIO LAWYER GROUP CALLS FOR INVESTIGATION INTO AVIVA INSURANCE’S CONDUCT The Ontario Trial Lawyers Association (OTLA) issued a press release early August regarding the “troubling revelation” that Aviva Insurance hired Thérèse Reilly, a government insurance adjudicator, while she was employed with the Licence Appeal Tribunal (LAT). Reilly had been involved in a number of case […]

Auto Insurance

Lawsuit Highs and Lows: Legal costs impacting auto insurance premiums in Alberta

Edmonton, Alberta – According to a new report from consulting firm MNP, fees associated with post-collision lawsuits have emerged as a significant contributor to rising auto insurance premiums in Alberta. In its report, MNP found that legal fees accounted for approximately 20 percent of premiums in Alberta, translating to nearly $200 annually for each driver. […]

Cataclysmic Cash-Outs: Severe summer storms in Alberta and Prairies have resulted in $300 million in insured losses

Calgary, Alberta – It’s raining more than cats and dogs according to recent Insurance Bureau of Canada (IBC) reports. Initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ) indicate that the past few months of storms in Alberta and the Prairies have generated over $300 million in insured losses.  When calculating these losses, estimates were […]

Crashing Upwards: Seven vehicles from BMW, Mazda, Mitsubishi and Toyota earn top 2023 safety awards from the Insurance Institute for Highway Safety (IIHS)

Toronto, Ontario – With an increased awareness of crash test safety, more stringent testing means IIHS awards are now tougher to achieve. However, BMW, Mazda, Mitsubishi and Toyota have made the 2023 crash-test-cut.  Of the seven vehicles tested from the four automakers, the highest Top Safety Pick+ award went to the 2023 BMW X3; to […]

Strike Update: Union president cites Manitoba Public Insurance letter to striking workers as “brazen effort to sow division”

Winnipeg, Manitoba – With the strike continuing, the union representing workers at Manitoba Public Insurance (MPI) says the Crown corporation is attempting to divide employees.  Approximately 1400 MPI workers have been on strike since August 28, 2023. On Friday, September 15, 2023, the union released a letter that it says was sent to employees by […]

Strike Update: MPI grapples with record hail claims amid strike; ‘solutions and challenges are ongoing’ for collision centres

Winnipeg, Manitoba ⁠— Monday marked one week since more than 1,700 unionized employees of Manitoba’s crown insurer announced a strike⁠—and there’s no end in sight as far as the collision industry goes, said Ferd Klassen, vice president of the Automotive Trades Association of Manitoba and owner of Niverville Autobody. “Solutions and challenges are ongoing, and […]

Insurer Interruption: IBC pledges actions against auto theft; aftermarket tracking devices, surcharges on frequently-stolen vehicles, etc.

Ottawa, Ontario — With the recent increase in automobile theft in Canada, Canadian auto insurers are taking proactive steps to better protect consumers and their vehicles. “Fighting auto theft requires a whole-of-society approach–and Canada’s insurers are proudly doing their part,” according to Amanda Dean, interim VP, Ontario, Insurance Bureau of Canada (IBC). “While insurers are […]

Insurer Offers: MPI calls on workers’ union to end strike ‘immediately’; further refines services to streamline processes

Winnipeg, Manitoba — Manitoba Public Insurance (MPI) workers are now in their second week of strike action after the public insurer and the Manitoba Government and General Employees’ Union (MGEU) failed to reach a deal. “With more unnecessary strike action scheduled for next week, MPI continues to call on MGEU to accept binding arbitration–to end […]

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