Auto Insurance: Page 45

Funnel Cloud Fees: Barrie tornado losses may eclipse those of 2014 Angus tornado, expert says

Barrie, Ontario — Although it is still much too early to make a  true estimate of the damages caused by the Barrie tornado, one expert predicts the losses from the July 15 event could significantly exceed those from the 2014 Angus twister.  Glenn McGillivray, the managing director of the Institute for Catastrophic Loss Reduction told […]

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 tasks with AI.” AI Subro digitizes and accelerates many of the tasks involved in subrogation – the process by which insurers legally pursue third parties that have caused losses to […]

Artificial Enhancement: ICBC enhanced care model forces injured driver back to work

Victoria, British Columbia — What’s a five-word sentence that doesn’t rhyme with ICBC? I am in dire need. A tragic statement that would fit the bill for a lot of people forced to deal with British Columbia’s public insurer. Rob Behan and Charmaine McKean are two people that that statement could now also apply to. […]

Fraud Stoppers: Terri O’Brien appointed as CEO of anti insurance fraud organization

Toronto, Ontario — Terri O’Brien has been appointed as the CEO for Équité Association, the Canadian insurance industry’s first corporation dedicated to eliminating insurance crime.  O’Brien brings over 25 years of experience of financial services to her new role. Prior to Équité, O’Brien was Chief Risk Officer (CRO) at Pace Credit Union, CRO at Interac […]

A Different Type of Twisted: Collision repair shops deal with aftermath of Barrie, Ont. tornado

Barrie, Ontario — Last Thursday a tornado swept through Barrie, destroying homes, vehicles and virtually anything standing in its five kilometre long and up to 100 metres wide path. Since then, collision repair shops such as CSN Zenetec and Fix Auto Barrie North have been dealing with the aftermath. “The claims started coming in the day […]

Done Deal: MPI signs new deal with auto repair shops

Winnipeg, Manitoba — Manitoba Public Insurance (MPI) recently announced it has signed a new deal with the Automotive Trades Association of Manitoba (ATA) and the Manitoba Motor Dealers Association (MMDA).  All parties have given the thumbs up to a new Light Vehicle Accreditation Agreement (LVAA) model, which is focused on meaningful consultation between the repair […]

All is Fair in ICBC: Public insurer appoints Michael Skinner as new fairness officer

Victoria, British Columbia — In a press release, the provincial government announced that Michael Skinner, a former lawyer, is now the new fairness officer for the Insurance Corporation of British Columbia (ICBC).  The fairness officer role is a newer position that started on July 12 and will run for a term of three years. The […]

CAMP comes to Calgary: IBC deploys Virtual Community Assistance Mobile Pavilion to assist residents of Southern Alberta

Calgary, Alberta — Following the hailstorm in Calgary and the surrounding area, the Insurance Bureau of Canada (IBC) has deployed its Virtual Community Assistance Mobile Pavilion (CAMP) to assist affected residents.  IBC deploys CAMP to disaster sites that have significant insured damage. Canadians who are suddenly forced to cope with a damaging event – such […]

Gore Goes: Gore Mutual announces new operating model for auto insurance in Ontario

Cambridge, Ontario — Gore Mutual Insurance Company announced its new operating model for Ontario personal lines automobile and Individually Rated Commercial Auto (IRCA) insurance, on Thursday.  The mutual insurer has taken the first step in its strategic transformation with the launch of its national contact centre, designed to provide customers with faster and more efficient […]

Class Act: ICBC reduces claim for hit-and-run driver because he was ‘nice’, ‘chiropractor’

Richmond, British Columbia — Good news for any bad drivers/human beings in British Columbia, ICBC is offering reduced penalties for hit-and-runs if you can prove that you still have like, a pretty sick vibe. A family in Richmond, B.C. is outraged with their province’s public insurer after a hit-and-run incident in which a 67-year-old woman […]

Silver Linings: SGI reports ‘exceptionally strong’ earnings following release of annual report

Regina, Saskatchewan — Showing that no matter what the world throws its way, the Prairies will always pull through with SGI reporting a strong financial year despite the COVID-19 pandemic. Saskatchewan’s public insurance company reported that they managed to stay afloat over the last year thanks to “exceptionally strong investment earnings and lower-than-anticipated collision claims”, […]

Summer Safety: ICBC and police join forces for CounterAttack safe driving campaign, now underway

Victoria, British Columbia — The Insurance Corporation of British Columbia (ICBC) has joined forces with provincial police to launch CounterAttack, a road safety campaign. Beginning on July 1st, road checks will be stationed across the province, just in time for public health orders easing, summer gatherings, and casinos and nightclubs opening. While some progress has […]

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