Auto Insurance: Page 60

United Front: Your Car. Your Data. Your Choice. gains attention from insurers

Toronto, Ontario — The ongoing issue of vehicle data ownership within the automotive aftermarket between manufacturers and car owners has also has caught the eye of insurers. There is currently a campaign called “Your Car. Your Data. Your Choice.” which was created by the automotive aftermarket to gain support in the effort to put the […]

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The Gecko Gets Thinkin’: GEICO to use Tractable AI in estimates

Maryland, U.S. ⁠— Geico⁠—the no. 2 auto insurer in the United States⁠—will use Tractable AI Review photo estimating to re-check estimates, according to a press release from Tractable. “GEICO customers know us for our speed of service and value,” GEICO CEO Todd Combs said in a statement Wednesday. “Tractable’s artificial intelligence solution delivers both, helping […]

Slip-pery Salesman: Alberta insurance agent fined $26,000 for fraudulent insurance certificates

Calgary, Alberta — The Alberta Insurance Council has issued a fine of $26,000 against a former insurance agent found to have issued fraudulent insurance certificates to clients— the majority of which were automobile insurance certficates. The Alberta Insurance Council (AIC) found that insurance agent, Hakan Bahadir, on 52 occasions, “created fraudulent insurance certificates which were […]

Going Solo: Modern Auto Body’s recent Tesla-cert helps shop close in on luxury market

Edmonton, Alberta — The auto insurance situation in Manitoba is in limbo; in British Columbia it seems to be scandal after scandal, and nestled right in between in the capital of Alberta is Modern Auto Body, who has been going it alone in Edmonton for the past 53 years. The Edmonton shop had recently achieved […]

Yea or Nay: Experts thoughts on usage-based auto insurance

Toronto, Ontario — Usage-based auto insurance (UBI), where insurance companies monitor a person’s driving behaviour with telematics and provide discounts for safe driving is starting to gain traction in Canada— but not without skepticism. While lots of people are fine with having their driving habits monitored for a reduction in insurance rates, others are concerned […]

March Madness: Storm in March caused $50-million in insured damage in eastern Canada

Toronto, Ontario — A storm that moved across eastern Canada from March 26 to 29, caused $50 million in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). Damage reports associated with the storm that brought heavy rain and strong winds spanned the region, from basements being flooded in southern Ontario […]

Fewer Fees: Manitoba commits to reducing vehicle registration fees

Winnipeg, Manitoba — The Manitoba government says it will be reducing vehicle registration fees on July 1, for the second year in a row, Infrastructure Minister Ron Schuler announced on Thursday. “As part of our government’s Budget 2021 announcement, we’ve committed to protecting Manitobans’ income by reducing vehicle registration fees by a further 10 per […]

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A Mass-ive Remark: Massachusetts association slams DRPs in position statement

Boston, Massachusetts — The Alliance of Automotive Service Providers of Massachusetts (AASP-MA) has issued a statement confirming it will represent both direct repair program (DRP) and non-DRP shops, while simultaneously calling DRP conditions a “detriment to [the] industry” in its position statement. “AASP-MA is a pro-consumer association representing all collision repairers and mechanical repair shops, […]

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To Each Their Own: MPI makes compensation agreements directly with Manitoba body shops, automotive associations displeased

Winnipeg, Manitoba — Last Fall, Manitoba Public Insurance (MPI) and two automotive associations entered into negotiations to discuss compensation increases. However, after many months of negotiations, MPI determined that negotiations with the Manitoba Motor Dealers Association (MMDA) and the Automotive Trades Association (ATA) could no longer proceed. And it exercised its right to terminate the industry […]

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Electrifying Insurance: Rivian offering in-house insurance, not yet available in Canada

Rivian has announced their in-house insurance coverage is now available in 40 states, and should be coming to Canada soon.

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Wednesday Wisdom: Sean LeBlanc SGI’s senior director of Corporate Claims Improvement and Strategic Partnerships

Toronto, Ontario — Over the course of this year, repair shop partners have shared concerns with some of SGI’s processes, including not always receiving timely responses from them. In response, Saskatchewan Government Insurance (SGI) introduced a new position: Claims Industry Partner Representative. The goal of this position is to improve communication between SGI and the […]

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Salvage Shock: After renewing car insurance N.S. family finds out car is uninsurable

Two years ago, Lisa Burnie’s daughter purchased her first vehicle. It was a 2009 Hyundai Elantra, which she bought from O'Regan's Direct Wholesale in Dartmouth, Nova Scotia, according to CBC. However, just two weeks ago when Burnie was looking to renew her daughter’s insurance she received some shocking news.

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