Auto Insurance: Page 56

INSURANCE NEWS

THE GECKO GETS THINKIN’ According to a release, Geico is starting to use Tractable AI review photo estimating to double check estimates. Todd Combs, Geico’s CEO, says that the new solution will only heighten the customer’s experience. “GEICO customers know us for our speed of service and value,” Combs said. “Tractable’s artificial intelligence solution delivers […]

Collision Repair

Vive le Verdict: Quebec estimator sees ‘total victory’ following insurer complaint

Trois-Rivières, Quebec — Trois-Rivières, Quebec-based estimator Stéphane Lachance can breathe a sigh of relief after a lengthy deliberation process regarding a complaint Intact Insurance filed against him last year. On September 14, the Mouvement Carrosiers Quebec (MCQ) announced a “total victory” for Lachance, who had recently seen his Certificate of Qualification revoked by the Groupements […]

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Collision Repair

Electric Allowance: Saskatchewan EV tax effective Oct. 1, 2021

Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) is collecting the newly introduced $150 electric vehicle road-use fee on behalf of the Government of Saskatchewan for any registrations effective Oct. 1, 2021, or later. This annual fee is due at the time of registration/renewal. The fee will be used to help maintain Saskatchewan’s roads and highways. […]

Reeling in the Net: MPI reports claims costs down, net income $115.5 million

Winnipeg, Manitoba — Auto claims costs are down in Manitoba as the provincial insurer reported a 27.3 percent drop in the first quarter of 2021. “The first quarter of 2021/22 saw a continuation of the favourable claims experience of 2020/21 with the frequency of collisions occurring at a rate approximately 20 percent lower than generally […]

More than a Drizzle: Summer storms in the prairies total $120M in damage, according to IBC

Edmonton, Alberta — The Insurance Bureau of Canada (IBC) has been tallying up damage costs and has found that the prairies have taken a hit of $120 million in insured damage this summer, following two significant storms. Strong winds, hail and rain on July 22 caused $56 million in insured damage, while severe storms on […]

Collision Repair

I’m Walkin’ Here!: Study shows pacific northwest drivers have grown bolder with the car horn

Seattle, Washington — Beep beep. BEEP! Did that get your attention? PEMCO Mutual Insurance just released the results of their recent poll showing that drivers in the American pacific northwest have grown bolder with their honking in traffic. According to the results from the U.S.-based auto insurer, today, nearly two-thirds of drivers (65 percent) think […]

Crash Quota: MPI warns of crash increase alongside lifted COVID-19 restrictions

Winnipeg, Manitoba — As provinces delve deeper into re-opening stages, Manitoba’s MPI is reminding drivers that as life returns to normal, so too will traffic accident rates as commuters start resuming regular schedules. According to Manitoba Public Insurance, the number of deaths and serious injuries from car crashes spiked during the months public health orders […]

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Credit Crisis: N.B. insurers given go-ahead for credit-based rates adjustments

Fredericton, New Brunswick — New Brunswick is a province that has been getting by the best they can despite a growing financial struggle for many of its residents, but the introduction of credit scores as a factor in setting auto insurance rates in the province is leaving many New Brunswickers without an adequate starting point. […]

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So Far, SAAR Good: SAAR Fall Conference draws 200+ attendees to Saskatoon

Saskatoon, Saskatchewan — Gone as quickly as it came, the 2021 SAAR Fall Conference is officially in the books as the hottest ticket in the prairies drew in more than 200 attendees at its peak, this past weekend. As per tradition, SAAR kicked off the fall conference with a golf tournament comprised of 72 attendees, […]

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Technology in Tandem: IIHS study shows ADAS features could prevent 41 percent of teen collisions

Toronto, Ontario — As a new generation of drivers get behind the wheels of increasingly connected vehicles, a new study from the IIHS seems to show that ADAS safety technology has the potential to mitigate 41 percent of crashes involving teen drivers. “We know these technologies don’t stop 100 percent of the crashes they’re designed […]

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Regina Recovering: SGI receives more than 3,700 vehicle claims after Regina hailstorm

Regina, Saskatchewan — While the real costs are of course still being tallied up, SGI places the amount of vehicle damage claims they received in the days following Tuesday night’s hailstorm at more than 3,700. Reports of golf ball-sized hail extend as far as Assiniboia, 130 kilometres southwest of the storm’s eye in Regina. “It’s […]

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Dent Season: SGI expecting influx of claims following Regina hailstorm

Regina, Saskatchewan — Paintless dent repairers in the Prairies better prepare for an influx of work: with the sudden hailstorm that ripped through Regina on Tuesday night, Saskatchewan Government Insurance (SGI) is bearing down for an influx of claims expected to come in the days following the damage. On Tuesday night, Saskatchewan’s capital experienced golf […]

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