Auto Insurance: Page 78

ICBC looks to cut costs

By CRM staff Toronto, Ontario — January 18, 2019 –– Attorney General David Eby is exploring the idea of capping or restricting the costs associated with using expert reports in ICBC cases, as reported by Global. According to Eby, ICBC has received surprising increased costs from a rise in lawyers’ commission reports used to support their […]

Ontario government looks at lowering auto insurance

By CRM staff Toronto, Ontario – January 11, 2019 – Ontario stands as the second-most expensive province for auto insurance in the country, but that could soon change. The Ontario government launched a review of the province’s auto insurance system Wednesday, in hopes of lowering the rates of drivers paying the most expensive premiums. The […]

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ICBC committed to resolving dispute with ARA

By CRM staff Toronto, Ontario – January 10, 2019 – Automotive Retailers Association CEO Ken McCormack has said the minister in charge of ICBC is committed to finding a solution to an ongoing dispute over compensation rates. McCormack met with BC Attorney General David Eby on January 7 to discuss a 2010 decision that ended negotiations […]

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ICBC gets approval for rate increases

By CRM staff Toronto, Ontario — January 3, 2019 —ICBC’s request for higher insurance premiums was granted today, as the B.C. Utilities Commission gave the go ahead for the public insurer to raise insurance rates by 6.3 percent. The B.C. insurance company applied for the rate increase back in December after facing significant skepticism throughout 2018, which […]

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SGI remains focused on ending impaired driving

By Jordan Arseneault Toronto, Ontario — December 31, 2018 — Saskatchewan Government Insurance (SGI) is keeping its foot on the pedal when it comes to its fight against impaired driving. The public insurer is kicking off January with a Traffic Safety Spotlight firmly focused on eliminating impaired driving, which remains the leading cause of fatalities on […]

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MPI’s top five insurance fraud stories of 2018

By CRM staff Toronto, Ontario — December 28, 2018 — Insurance fraud in Manitoba has an annual impact of approximately $50 million, costing each MPI ratepayer around $50 a year, according to Manitoba Public Insurance. To demonstrate the lengths people will go to defraud their insurance company, MPI releases a yearly list of the top five […]

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The 2019 IIHS Top Safety Pick Plus awards revealed

By CRM staff Toronto, Ontario — December 28, 2018 — Since 2013, the Insurance Institute Highway Safety (IIHS) has been raising the bar every year for their Top Safety Pick Plus awards to encourage manufacturers to speed up their safety advances. With 20 automakers pledging to equip virtually all passenger vehicles with autobrake […]

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Saskatchewan drivers paying the price for roadway offences

By CRM staff Toronto, Ontario — December 27, 2018 — Saskatchewan has been cracking down on unregistered vehicles and drivers without valid licenses, thanks in part to increased license plate technology. Last month the Saskatchewan police reported 328 offences for drivers operating vehicles with a suspended or disqualified license. In addition, 804 offences were reported of […]

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All is Vanity: Trekkie takes MPI to court over custom plates

By CRM staff Toronto, Ontario — December 19, 2018 — Manitoba Public Insurance is engaged in a court battle with a Star Trek enthusiast whose vanity plate was recalled by the insurer. After two years on the road, Nick Troller’s ASIMIL8 lisence plates were recalled following complaints that they were insensitive because of Canada’s historic […]

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ICBC increases auto insurance rates by 6.3 percent

By CRM staff Toronto, Ontario — December 17, 2018 — Drivers in British Columbia are going to experience another increase in auto insurance premiums as the Insurance Corporation of British Columbia (ICBC) announced a 6.3 percent hike – working out to be about $60 extra each year for the average plan. “Today’s rate increase is […]

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Man denied insurance claim for vehicle under mother’s name

By CRM Staff Toronto, Ontario — December 14, 2018 — A Saskatchewan man’s insurance claim has been denied after his car was stolen and later torched. Darren Lees had registered his 2007 Chevy Uplander under his mother’s name while designating himself as the primary driver of the vehicle. SGI denied the claim due to the vehicle […]

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Canadians paying the price for stolen vehicles

By CRM Staff Toronto, Ontario — December 11, 2018 — Canadian drivers are paying the price for car thefts, shelling out approximately $1 billion a year to replace and pay for the costs associated with stolen vehicles. To make matters worse, six Canadian provinces experienced increases in vehicle thefts in 2017. New Brunswick led the way […]

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