Auto Insurance: Page 68

Insurance Illiteracy: Poll finds Canadians fail to understand auto insurance

Toronto, Ontario ⁠— RATESDOTCA, a company that compares Canadian insurance rates, recently polled 1,513 Canadians to analyze their knowledge of auto insurance, finding that the majority of our nation’s drivers scored an ‘F-grade’ when it comes to insurance literacy. The survey consisted of seven common questions drivers may ask themselves before selecting vehicle insurance, with […]

Continued Callout: IBC says ICBC’s monopoly is ‘a burden to taxpayers’

Victoria, British Columbia ⁠— The Insurance Bureau of Canada (IBC) has yet again called out the Insurance Corporation of British Columbia (ICBC), saying the public insurer continues to burden B.C. taxpayers. “Despite charging the highest auto insurance premiums in the country, [ICBC] continues to be a financial dumpster fire that both drivers and taxpayers simply […]

Eyes Up: Distracted driving still a problem in pandemic, says Desjardins

Toronto, Ontario ⁠— Desjardins Insurance’s road safety survey resulted in the majority of Canadians admitting that they continue to drive distracted, even in 2020. Distracted driving is a major concern on Canadian roads, with 60 percent of young drivers between the ages of 16 and 34 admitting to being distracted by a cell phone while […]

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Collision Repair

No Relief: IBC reiterates disappointment in ICBC for its lack of financial relief for its customers amid the pandemic

Vancouver, British Columbia — Throughout the COVID-19 pandemic Canadians have been driving less, leading to a reduced amount of claims. In response to this reduction, private insurers have returned approximately $280 per driver in auto insurance premium relief. The Insurance Bureau of Canada (IBC) ran a survey of members and found that the industry has […]

Collision Repair

Pandemic Premium: Travelers Canada extends Stay-at-Home Auto Premium Credit Program

Toronto, Ontario — Travelers Canada today announced it is extending its Stay-at-Home Auto Premium Credit Program to provide its personal auto insurance customers with an additional 15 percent credit on one month’s premium. This follows the 25 percent credit previously announced by the company in response to the impact that the COVID-19 pandemic has had […]

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Collision Repair

Continued Collaboration: IMS extends telematics SDK partnership with Onlia and its safe-driving app

Waterloo, Ontario — Insurance & Mobility Solutions (IMS), one of the world’s top three providers of connected car data solutions to insurers, mobility operators and governments, announced the three-year extension of its partnership with Onlia, a Canadian provider of innovative digital auto, home insurance and a safe-driving mobile app. “The continued collaboration between IMS and […]

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Don’t Drive Intexticated: 700 drivers reminded that distracted driving is still against the law

Regina, Saskatchewan — Saskatchewan drivers have been a little more distracted than usual amid the pandemic, according to a new study by Saskatchewan Government Insurance. Distracted driving was the focus of the June Traffic Safety Spotlight, where police across Saskatchewan issued 700 tickets for distracted driving. That included 605 drivers cited for using a cellphone […]

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Steering Success: IBISConnect Africa explores insurer intelligent repair routing strategies

Cape Town, South Africa — U.K.-based Insurer Admiral Group believes intelligent repair routing strategies—which sees insurers triage collision claims to the “most appropriate” repair facility for the job—could have the power to transform key performance indicators and, by extension, customer reviews and perception. During the IBISConnect Africa broadcast on July 23, Tom Avon, a procurement […]

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Leading Lights: Michael Macaluso on the evolving repair market

Toronto, Ontario ⁠— Michael Macaluso, group president & executive vice president of Driven Brands Paint, Collision and Glass segment recently discussed what he believes to be the biggest challenges facing the Canadian collision repair market. During a recent interview with Jason Moseley, CEO of the International Bodyshop Symposium, Macaluso said incoming industry challenges will fall […]

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A Penned Complaint: IBC publishes a letter to B.C.’s premier outlining the auto industry’s concerns with Bill 11

Vancouver, British Columbia — The Insurance Bureau of Canada (IBC) has published an open letter to British Columbia Premier John Horgan, outlining the auto industry’s concerns with Bill 11. In its letter, IBC highlights a new proposal for offering vehicle damage coverage when a driver is not responsible for an accident. It states the bill […]

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Major Merger: La Capitale and SSQ Insurance have merged

Quebec City, Quebec — La Capitale and SSQ Insurance have announced a merger to form a mutual insurance company with more than 3.5 million members. “We’re delighted to combine our strengths and work as a team to create the biggest insurance mutual in Canada. Together, we’ll be better able to meet current challenges of staying […]

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Giving Back: Desjardins announces $100 million in premium refunds to auto customers

Montreal, Quebec — On June 29, 2020, Desjardins’s property & casualty insurance subsidiaries announced they would be issuing $100 million in premium refunds to their Canadian auto insurance clients. The insurer took various factors into consideration such as the transition to working from home, the extended lockdown, and the reduction in car accident risks—all of […]

Desjardins Insurace

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