Auto Insurance: Page 40

Breaking the Brake Barrier: Ford, Honda equip 95 percent of vehicles with AEB

Toronto, Ontario — If there were a gifted program for OEMs then Ford and Honda would be its newest members as the Insurance Institute for Highway Safety (IIHS) announced that the pair of automakers have reached their AEB goal ahead of schedule. The IIHS announced on Friday that Ford and Honda had both managed to […]

Romans Report: 2020 Profile of Evolving U.S. and Canadian Collision Repair Marketplace highlights

Golden, Colorado — Highlights from the Romans Group LLC’s 15th annual white paper, A 2020 Profile of the Evolving U.S. and Canadian Collision Repair Marketplace were unveiled last Friday. According to Vincent Romans, managing partner, CEO and founder of the Romans Group, “COVID-19 seemed to have a disproportionately negative impact on the Canadian collision repair […]

Rebate Season: MPI announces rebates coming in early Feb. for Manitoba drivers

Winnipeg, Manitoba — Manitobans are getting a second Christmas in February as the province’s public insurer announced that rebate cheques and a rate reduction are on the way for drivers in Manitoba. The province’s public utilities board approved Manitoba Public Insurance’s (MPI) request for a 1.57 percent rate reduction for policyholders, as well as a […]

Consult the Sticker: Thieves ‘re-vinning’ vehicles on the rise, insurers say

Toronto, Ontario — Buyer beware; reports have begun circulating that vehicle thieves have been “re-vinning” stolen vehicles in order to sell to unsuspecting customers. According to a report from Canadian Underwriter, insurers have taken note of a new trend prevailing among car thieves looking to turn a profit. Re-vinning involves removing the VIN (vehicle identification […]

Future-Proofing: B.C. atmospheric rivers caused estimated $450 million in insured damage

Vancouver, British Columbia — Experts are putting the damage incurred from past weeks’ atmospheric river weather in British Columbia around the $450 million mark, according to preliminary estimates from Catastrophe Indices and Quantification Inc. (CatIQ). The weather event that began on Nov. 13 and lasted over two weeks is expected to be the most costly […]

Think Thick: MPI publishes infographic on ice safety for drivers

Winnipeg, Manitoba — Canadians have the bad habit of treating frozen bodies of water as a direct challenge to their freedom—Manitoba Public Insurance (MPI) is attempting to push back against this notion with a warning to drivers to always take note of ice thickness when heading out onto frozen surfaces this winter. According to MPI, […]

SIGNED, SEALED, DELIVERED

Collision repairers give the grades to Canadian insurers Story by ALLISON ROGERS The relationship between collision repairers and insurance adjusters is a lot like a peanut butter-and-jelly sandwich. The insurers are the peanut butter, while the repairers bring the sweet skills to the mix as the jelly. A PB and J sans jelly just doesn’t […]

Help with Hail: SGI hosting hail forum this Wednesday

Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) will be hosting a virtual forum for facilities affected by the August 31/September 1 hail storm that impacted Assiniboia, Moose Jaw, Regina and Yorkton. The forum will take place here, virtually, beginning at 3 p.m. CT. The insurer said both bodyshops and paintless dent repair (PDR) companies are […]

Qapter Down South: Tesla Insurance to use Audatex Qapter software on Texas, Calif. claims

Toronto, Ontario — American collision repairers must now get on the Audatex agenda when repairing Tesla vehicles going forward, as the automaker’s insurance wing announced a partnership with Audatex to use their Qapter platform on all Tesla insurance claims. Tesla Approved Collision Centers (TACC) were notified of the change through an email sent out in […]

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 tire use reduces collision claim frequency by 6.3 percent. The analysis was based on collision claims over the insurance years 2011/2012 through 2017/2018. Frequency was measured by comparing claim frequency […]

INSURANCE NEWS

FINDING THE SWEET SPOT Despite the uptick in virtual claims amid the COVID-19 pandemic, consumers still crave human interaction in their claims interactions, according to an April 2021 report from LexisNexis Risk Solutions. “No matter how great the technology is, consumers still want human touch when they need it,” reads the company’s whitepaper. “Consumers appreciate […]

Considerate Claims: Alberta to allow not-at-fault drivers to pursue claims through own carrier

Edmonton, Alberta — Changes are on the way for the Alberta auto insurance industry as the provincial government announced new measures to streamline claims processing for not-at-fault drivers. Starting Jan. 1, drivers will be able to claim vehicle damage that they are not responsible for to their own insurance company and not that of the […]

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