Auto Insurance: Page 45

Collision Repair

At War with Nature: Fence to be erected along B.C.’s Highway 3 to mitigate wildlife collisions

Cranbrook, British Columbia — For autobody repair facilities in British Columbia’s East Kootenays, humanity and nature often find themselves at a crossroads—unfortunately, sometimes it is a literal crossroads where the human ends up in a nasty car wreck and an innocent animal is left injured. Steven Johnson, an estimator at Cranbrook, B.C.’s Rocky Mountain Collision […]

Collision Repair

Can You Believe This?! August 19, 2022

Toronto, Ontario — This week, bear witness to an amateur music video gone horribly wrong; discover the wackiest Club Car your course has to offer; spot some chop shop work at your local Timmie’s and much, much more—all in Collision Repair mag’s Can You Believe This?!

Collision Repair

Glasurit on the Green: BASF Canada hosts annual golf tournament in Brampton, Ont.

Brampton, Ontario — More than 250 golfers gathered at the Lionhead Golf Course and Country Club on Wednesday for the BASF Canada annual golf tournament, where industry stakeholders went head to head on the green for the first time since the pandemic. Attendees were also treated to a lineup of snazzily painted vehicles–with BASF and […]

Collision Repair

Agree to Disagree: Training time for estimating systems varies greatly, according to industry feedback

Toronto, Ontario ⁠— A recent Collision Repair mag survey indicates that the average training time on modern estimating systems varies greatly across the industry. According to a survey of 30 collision centre owners, managers and staff, training on today’s estimating systems can take anywhere from 90 minutes to a matter of years. Of those respondents, […]

Collision Repair

Tuesday Ticker: AutoCanada reports highest second-quarter revenue ever; Tesla confirms stock split

Toronto, Ontario ⁠— AutoCanada reports its highest second-quarter revenue ever; Tesla confirms an upcoming three-to-one stock split and PPG breaks its all-time quarterly sales record in this weekly Tuesday Ticker financial report.  Ups for AutoCanada AutoCanada says it reported its highest second-quarter revenue ever, marking revenues of $1,686 million⁠—a 32 percent increase over the same […]

Auto Insurance

Raising Standards: IIHS updates side crash tests, only one midsize car earns ‘good’ rating

Toronto, Ontario – Four in seven midsize cars failed to earn good or acceptable ratings in the Insurance Institute for Highway Safety’s updated side crash test, according to a recent press release. Of the seven vehicles, only the Subaru Outback earned a ‘good’ rating, with drivers having acceptable to good protection in all categories. The […]

Curtailed for Cabs: New partnership aims to help lower taxi driver insurance

Toronto, Ontario — Following last week’s article on insurance amongst Taxi Drivers, a new partnership has developed to target this disproportionate elevation of insurance premiums amongst those working in the cab industry. The Facility Association has partnered up with Foresight Insurance Analytics to launch a video telematics program to help taxi drivers improve–or simply prove […]

Taking the Backseat: Taxi drivers highlight increases in insurance premiums as reason for loss of jobs, company closures

Kitchener, Ontario — Taxi Drivers in the Kitchener-Waterloo area are speaking out against heightened insurance rates causing many drivers to put their taxis in park, permanently. Insurance rates in the area are said to have nearly quadrupled, causing drivers and company owners alike to quit the business. “We were paying approximately $3,000 a year, now […]

Crash Test City: Vancouver’s most collision-prone intersections

Vancouver, British Columbia – Crashes are a part of life, especially when you are North America’s third most congested city. These are Vancouver’s 10 most dangerous intersections excluding on-ramps, according to Insurance Corporation of British Columbia (ICBC) data between 2019 to 2021. Knight Street & Knight Street Bridge & Se Marine Drive (290 collisions) Granville […]

INSURANCE NEWS

FOLLOW THE MONEY An interactive map published by British Columbia’s provincial insurer delves deep into the specific intersections on Vancouver Island where the most auto collisions occur—incidentally, also giving shop owners a good idea of where to invest in advertising. According to the Insurance Corporation of British Columbia’s data, which is as recent as April […]

Damaged Hoods: Alberta Hail Storm results in damage to over 70 vehicles, cars

Calgary, Alberta – A severe Alberta storm made its way across Alberta on Monday and into Tuesday, leaving destruction in its wake. Baseball-sized hail was the main culprit of the damage, as it fell from the sky Monday onto unsuspecting drivers commuting on the Queen Elizabeth II highway in Alberta. The hail forced cars on […]

Extended Trial Period: LORs skyrocket for non-drivable claims nationwide, Enterprise report says

Toronto, Ontario — Canada is quickly losing its edge in the collision replacement-related rental market, as the latest Enterprise LOR (length of rental) report showed that the average rental in the nation is up 5.8 days from the second quarter last year, significantly closing the gap to the U.S.’s 17.7 day average. The average LOR […]

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