Auto Insurance: Page 79

Auto Insurance

MPI insurance rates on the rise for 2019

By CRM Staff  Toronto, Ontario — December 10, 2018 — Manitoba’s collision community can breath a little easier after it was confirmed that the province’s public insurer is expecting an influx of cash. Last week, the Public Utilities Board (PUB) has ordered a rate increase in basic compulsory motor vehicle insurance for Manitoba drivers. The decision […]

AI

CCC introduces world’s first AI estimating tool

By CRM staff Toronto, Ontario — December 4, 2018 —  CCC Smart Estimate has just been introduced as the world’s first in-production artificial intelligence (AI) solution for vehicle estimates.  “Many other industries are already benefitting from AI, and now it’s the insurance industry’s turn,” said Jason Verlen, SVP, product management for CCC. CCC Information Services Inc., […]

Auto Insurance

Introducing Canada’s first luxury car subscription service

By CRM staff Toronto, Ontario — November 30, 2018 — Have you ever wanted to drive around in different luxury vehicles each month? Thanks to a new Canadian subscription service app, you can do just that. British Columbia’s largest automotive dealership group, the OpenRoad Auto Group, launched its own Portfolio app, Canada’s first all-inclusive luxury car […]

Auto Insurance

Alberta drivers looking for answers over insurance rates

By CRM Staff  Toronto, Ontario – November 23, 2018 — Alberta drivers are being priced out of insurance coverage, as a result of a cap on the cost of liability-only vehicle insurance introduced by the provincial government. “The government meant well,” Lance Miller, CEO of Surex Insurance, told CTV News. “They’re trying to protect Albertans from […]

Auto Insurance

British Columbia’s ride share conundrum

By CRM Staff  Toronto, Ontario — November 22, 2018 — The British Columbia government has introduced legislator that will allow for ride-sharing companies to enter the province. Unfortunately for the province, users won’t be able to take advantage of the product for another year. B.C.’s public insurer, ICBC, currently doesn’t offer an auto insurance product […]

Auto Insurance

Fraser Institute report on ICBC vindicates bodyshops

By CRM Staff  Toronto, Ontario — November 21, 2018 — Despite what the provincial government might believe, it isn’t collision repairers fault that British Columbia’s drivers spend more for their auto insurance than other Canadians — at least according to a report issued by the Fraser Institute. The right-leaning think tank’s report, released Tuesday, argues that […]

Market update: One million 3-D printed parts; Hyundai takes to the air

By Cindy Macdonald Toronto – November 19, 2018 – In this week’s market update, 3-D printed parts on the rise, Hyundai invests in aerial mobility and autonomous vehicles are a risky business. BMW reaches 1 million 3-D printed partsAt the BMW Group, the use of 3D-printed components is increasing. Over the last decade, the company […]

IBC pens position paper on autonomous vehicles

By CRM Staff  Toronto, Ontario – November 15, 2018 – Insurance Bureau of Canada (IBC) is looking to stay ahead of the curve when it comes to the future of insurance and ownership of data. Today, during its annual Regulatory Affairs Symposium, IBC released a paper titled Auto Insurance for Automated Vehilces: Preparing for the Future […]

Saskatchewan debating stricter distracted driving fines

By CRM staff Toronto, Ontario — November 14, 2018 — Strict new distracted driving fines in Manitoba have Saskatchewan thinking twice. Fines in Manitoba have gone up from $203 to $672, transitioning from having one of the lowest distracted driving fines in Canada to now having one of the harshest. This prompted the minister responsible for […]

Enterprise addresses the concern of transparency with connected vehicles

By CRM staff Toronto, Ontario — November 12, 2018 — During a panel discussion at SEMA 2018, a major operator of car rental agencies made a point to highlight the importance of collaboration and technology-neutral standards across the industry, and how they are essential for achieving the benefits of connected vehicles. The panel discussion, “The Future […]

Stand Up, Speak Out: Auto Insurer Direct Repair Programs

Toronto, Ontario — November 8, 2018 — In a recent survey looking at how bodyshop professionals grade auto insurers, Collision Repair was struck by how many respondents included their thoughts on direct repair programs on their surveys. Writing under the condition of anonymity, the following responses represent the most striking–and candid–opinions shared with us. Edited for style, […]

Final grades are in — Canadian bodyshops grade insurers

By CRM staff   Toronto, Ontario — November 6, 2018 — Collision repair facilities and insurers have an interesting—sometimes fractious— relationship. The tug-o’-war between the two factions is not exactly a level playing field.   To help level it a bit, Collision Repair issued a survey to Canadian shops grading insurance companies based on three categories: how […]

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