Auto Insurance: Page 71

Eby’s Efforts: ICBC changes facing opposition

Victoria, British Columbia — As the British Columbian government pushes on with changes designed to rein in injury costs against ICBC, the B.C. Supreme Court ruled that attorney general David Eby acted outside his authority when he imposed restrictions on the number of medical expert reports that can be used in auto insurance court claims. […]

Irregular Insurance: New auto insurance policy for borrowed vehicles

Quebec, Quebec — Quebec’s financial regulator and an auto insurance group recently announced the launch of a new auto insurance policy, specifically designed for drivers who do not own a vehicle. Autorite des matches financiers (AMF), Quebec’s financial regulator, and Groupement des assureurs automobiles (GAA), an insurance group, announced the launch of Quebec Auto Insurance […]

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Ontario in the Pink: Province moves to electronic proof-of-insurance cards

Toronto, Ontario — September 10th, 2019 — Ontario drivers will no longer have to rifle through their glove box to find their proof of insurance; the province is phasing in electronic proof of auto insurance, accessible through mobile devices such as a smartphone. The decision was announced at a press conference last Thursday by […]

Tuesday Ticker: September 3, 2019

Toronto, Ontario — September 2, 2019 — In this week’s Tuesday Ticker: a strong economy keeps interest rates stable despite dealership dreams, Safelite absorbs a major rival and BASF makes some quick cash with a major sell-off. Loonie Lunacy While fears of a self-inflicted recession striking the world’s largest economies–the U.S. and China–continue to […]

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Driven Brands on the Auction Block?

Toronto, Ontario — August 16, 2019 — On Tuesday, Bloomberg cited unidentified sources to report that Roark Capital may be considering selling Driven Brands for $2 billion next quarter. At the time of purchase on April 2015, the Driven Brands franchise portfolio included a combined 1,500 shops distributed among several brands such as Maaco, Aero-Colours, […]

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Editor’s Log: ICBC — Red and Dead

Toronto, Ontario–August 16, 2019–According to a study from a government-run organization, British Columbians pay more for auto insurance premiums than residents of any other province. In B.C., the average driver pays more than $1,800 for auto insurance each year–more than $300 more than Ontarians, which has the second-highest provincial premiums. It is also more than […]

Canadian repairers safe from State Farm cyberattack

Elizabeth Sargeant Toronto, Ontario — August 13, 2019 — Collision Repair has confirmed that, according to State Farm, no data shared with the company by Canadian repair firms is believed to have been compromised during a recent data breach. On August 7, America’s largest auto insurance company said its systems suffered a data breach, possibly […]

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A sneak peek into our newest issue of CRM!

Toronto, Ontario — August 8, 2019 — Our latest issue of Collision Repair is ready to be printed, read, and enjoyed by our loyal readers. The staff of Collision Repair has been working away at their latest issue of CRM and are excited to announce it’s going to press very soon. From stories of young students […]

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Tuesday Ticker: August 6, 2019

Toronto, Ontario — August 6, 2019 Well Aged and Better Waged: Average U.S. repairer now over 40, earning $72k CDN According to I-CAR’s Snapshot on the Collision Repair Industry, which was updated this week, U.S. auto repair workers are older and better paid than ever. According to the report, the average age of U.S. collision employees is above 40 […]

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Dent Fix Equipment EZ Nitro Plastic Repair Station

Toronto, Ontario — August 1, 2019 – Filled with a variety of necessary and well-engineered tools, the Dent Fix Equipment’s DF-EZN1G/DXEEZ Nitro Plastic Repair Station is designed to meet the needs of top-notch repair facilities everywhere. The Nitrogen Plastic Welder with a Dual Chamber Nitrogen Generator included in the kit the converts shop air into nitrogen, […]

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Ed Weidmann named CIECA’s new interim executive director

Toronto, Ontario — August 1, 2019 — After the sad announcement that came earlier this year that Fred Iantaro was leaving the company after 17 years, CIECA has just named their newest interim executive director to take Iantoro’s place — Ed Weidmann. “When CIECA’s Nominating Committee identified a need for an interim executive director, Ed Weidmann’s […]

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Canadian Automobile Dealers Association elects Tim Reuss as new CEO

Toronto, Ontario — July 30, 2019 – Former Mercedes-Benz Canada CEO Tim Ruess has been elected as head of the Canadian Automobile Dealers Association (CADA). Effective on Sept. 3, Ruess has an extensive background in the automotive industry and is excited to join a team that represents new car and truck dealers. “I feel very grateful […]

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