Auto Insurance: Page 67

Auto Insurance

Pulling out of the Pacific: Intact auto insurance to leave B.C.

Victoria, British Columbia — Intact has announced that it plans to no longer offer optional automobile coverage in British Columbia. This decision was made with careful consideration given the upcoming changes in the province after the NDP secured a majority government this past weekend. With the NDP win, the Insurance Corporation of British Columbia (ICBC) […]

Collision Repair

Bad to Worse to Worst: Surrey mother sues ICBC for charges to murdered son’s wrecked truck

Surrey, British Columbia – The mother of a murdered Surrey, BC man is attempting to hold the feet of British Columbia’s provincial insurance corporation to the fire for their inaction on her son’s insurance claim, filed nearly three years prior, according to a report from the CBC. Marina Sokolovskaia’s son Alexander Blanarou was killed in […]

Collision Repair

In Today’s Age: Women aged 75 and older largest share increase in insured vehicles, says GAA

Montréal, Québec — Since 2015, women aged 75 and older represent the largest share increase in the number of insured vehicles, according to Groupement des Assureurs Automobiles (GAA) statistics. GAA’s yearly stats update revealed a large progression of insured vehicles. Over the past five years, the number of vehicles insured by women aged 75 and […]

Collision Repair

Brewing Up Change: Allstate Canada donates $10K to Montreal affordable housing program

Montreal, Quebec – Allstate Insurance Company of Canada plans to give back to their local community in Montreal with the announcement of a $10,000 donation to the Old Brewery Mission’s (OBM) affordable housing program. The COVID-19 pandemic has put yet another strain on the lives of Canada’s homeless population and Allstate is hoping to do […]

Auto Insurance

Fighting the Flames: B.C. Liberals vow to end ICBC monopoly if elected

Victoria, British Columbia ⁠— A Liberal government in British Columbia would open up the auto insurance market to competition from private businesses and end the Insurance Corporation of British Columbia’s (ICBC) monopoly, the political party said in a Tuesday statement. Aaron Sutherland, vice president Pacific for IBC said the B.C. Liberals’ decision to open the […]

Auto Insurance

Passing the Buck: $1 billion available to Ont. drivers due to COVID relief fund

Toronto, Ontario – Ontario’s auto insurers have reported that there is about $1 billion in relief money saved and available to drivers in response to COVID-19. “Our government took immediate action to make the required regulatory changes so that consumers could benefit from the change in driving behaviour during the pandemic, said Ontario’s Finance Minister […]

Costly Errors: 16 Alberta auto insurers fined for overcharging customers

Edmonton, Alberta – Alberta’s superintendent of insurance has aimed a number of hefty fines against 16 Alberta auto insurance companies for overcharging customers, according to a report from CBC. More than $1.5 million in fines were issued to, among others, the TD Bank Group, which includes Primmum Insurance, Security National Insurance Company and TD Home […]

Misrepresentation in Manitoba: Auto insurance fraud on the rise, says MPI

Winnipeg, Manitoba — Manitoban drivers seem to excel in getting caught with auto insurance fraud. The number of Manitobans charged with auto insurance fraud has tripled since 2019, reports Manitoba Public Insurance (MPI).  MPI executive Curtis Wennberg said the increase in people getting caught is largely due to MPI’s increase in investigating suspicious claims.  According to […]

Talking Telematics: How the process could alter first notice of loss

Toronto, Ontario — Telematics based FNOL (first notice of loss) will change the way the automotive industry is done. On Sept. 17, Collision Industry Electronic Commerce Association (CIECA) produced a webinar discussing collision industry disruptions, what they are and how they will disrupt the industry.  The speakers for the webinar were Frank Terlep and Jake […]

A Challenging Summer: Alberta’s insured natural catastrophe total almost $2 billion after two additional storms

Edmonton, Alberta — Severe weather events have hit Alberta hard over the spring and summer months. Four events from April to August brought the insured damage total for natural catastrophes in the province to $2 billion, based on surveys from Catastrophe Indices and Quantification Inc. (CatIQ). Two storms have most recently contributed to this total […]

Safeguarding Savings: ICBC saves $329.5 million amid pandemic, Eby says customer rebates required

Victoria, British Columbia – British Columbia’s provincial insurance corporation has come under fire for under-delivering on customer rebates despite the hefty savings accumulated by the corporation in the midst of widespread business lockdowns. ICBC, the Insurance Corporation of British Columbia, saw a 37 percent drop in claims from the period of April to June. This […]

Insight for Insurers: Reuters hosting webinar on shaping claims in the new normal

Toronto, Ontario — Reuters will be hosting a free webinar for insurance carries this week, entitled ‘Shaping Claims Experience in The Next Normal: Find Your Competitive Edge’. The webinar will take place on September 9 at 11 am ET and will feature insights from Ian Thompson (Global Chief Claims Officer, Zurich), Jeff Brown (President, VPay ) and Shannon Harjer (Vice President Claims, Founders […]

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