Auto Insurance: Page 49

Collision Repair

Upping the Ante: IIHS to update AEB testing to address higher speed collisions

Toronto, Ontario — The Insurance Institute for Highway Safety (IIHS) has announced that it will be re-evaluating the conditions in which it runs automatic emergency braking system (AEB) testing to address front-to-rear collisions at higher speeds. The institute is calling for OEMs to look into ways of preventing such collisions while also stating that the […]

The Price of Pedaling: ICBC will no longer charge injured cyclists for repairs

Vancouver, British Columbia — Following a wave of public condemnation after a Vancouver-area cyclist was struck by a vehicle running a red light and asked to pay for its repairs, ICBC has announced major changes to the way claims for passive road users are managed. The Insurance Corporation of British Columbia will no longer require […]

Not Quite the Rockies: MPI sees 479 percent increase in pothole-related claims

Winnipeg, Manitoba — Buckle up, Manitoban drivers. It’s bumpy out there. In fact, roads in the province are so rutted that Manitoba Public Insurance says it witnessed a 479 percent increase in pothole-related claims this March, compared to March 2021. The public insurer received 324 pothole-related claims in March 2022, compared to 56 in March […]

Untitled design (88)

Cancelled Dates: ICBC license decals no longer required as of May 1

Victoria, British Columbia — Starting tomorrow, May 1, B.C. drivers no longer need to display license decals showing the month and day their insurance is coming up for renewal. The change comes as ICBC moved its insurance renewal process online. Law enforcement and authorized ICBC partners have access to the Canadian Police Information Centre and […]

Rent Receipt: Canadian LOR up four days in Q1 2022, says Enterprise

Toronto, Ontario — Enterprise Holdings released its Q1 Length of Rental report on Thursday, showing that LOR for collision-replacement rentals continues to climb in Canada and the U.S. The company reported an increase of four full days to the LOR for collision-replacement rentals, bringing the current Canadian average to 15.1 days for Q1 2022. The […]

Touched by a Noodle: B.C. religious leader fights to wear pirate hat in license photos

Grand Forks, British Columbia — A British Columbia-based religious leader is continuing on his crusade against ICBC’s oppressive policies toward certain religious headwear, arguing that it is not up to a government corporation to test his faith. Gary Smith of Grand Forks is the Captain of B.C.’s Church of the Flying Spaghetti Monster and, as […]

Save Yourself: Former IIHS president ‘wouldn’t be here to talk’ about near-fatal 2021 crash, if not for safety ratings

Arlington, Virginia — Do you ever have those moments where you catch up with a favour you did for yourself in the past? Like putting a note in your calendar to cancel a free trial before you get charged. Well, the former president of the IIHS, Adrian Lund, has himself to thank for crucial vehicle safety […]

iihs

A.I.s on the Prize: Mitchell demonstrates automated claims solution at Tractable Vision Summit

London, United Kingdom — In a meeting of great minds in the world of collision claims processing, Mitchell took part in a demonstration of the company’s end-to-end claims automation solution for attendees of Tractable’s Vision Summit in London, U.K. Representatives from Mitchell were able to demonstrate how North American carriers can use Mitchell Intelligent Estimating with […]

mitchelltractable

A Pretty Penny: Alberta insurers earned $1.32 billion more than they paid in 2020, report says

Edmonton, Alberta — A new report from Alberta’s superintendent of insurance shows that insurers in the province earned $1.32 billion more in premiums than they paid in claims in 2020, representing a widening gap between premiums and claim payouts. According to the Superintendent of Insurance 2020 Annual Report, Albertan insurers collected $5.81 billion, about $400 […]

albertainsurancefraud

Preparation is Key: Manitoba reports few collisions despite ongoing snow storm

Winnipeg, Manitoba — Manitoban drivers gave the rest of Canada a crash course in not ending up on a crash course, as officials reported that calls for emergency assistance were uncharacteristically low despite this week’s blizzard. News that 25 centimetres of snow is on the way for mid-April can be hard to accept, but drivers […]

snowstorm

Cutting a Cheque: SGI invests $5.6 million into auto extrication training for fire departments

Regina, Saskatchewan — Saskatchewan Government Insurance is investing in the only kind of “chopping” that this publication will endorse—announcing that $5.6 million is on the way to local fire departments for new auto extrication equipment and training. In its press release, SGI said the objectives behind the investment are to fund the delivery of training […]

Untitled design (80)

INSURANCE NEWS

CASH FOR CRASH A recent survey from RATESDOTCA seems to indicate that a significant portion of Ontario drivers would prefer to leave their insurance company out of the loop when it comes to small fender- bender accidents. The survey found that 42 percent of Ontario drivers would prefer to pay or accept a cash settlement […]

INSURANCENIBS

Page 49 of 103