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Can You Believe This?!
Auto Insurance: Page 83
Collision Repair
CAA Insurance unveils pay-as-you-go auto insurance program in Ontario
By CRM Staff Toronto, Ontario — May 23, 2018 — A recent announcement from CAA Insurance Company could change the rules of the insurance game for drivers. The company revealed details of its new pay-as-you-go insurance plan for Ontario drivers, the first of its kind in Canada. The new program, called CAA MyPace, […]
Auto Insurance
Report: Auto insurance rates rise in Ontario and Alberta, decline in Atlantic Canada
Toronto, Ontario — May 2, 2018 —Average auto premiums in Ontario and Alberta increased 1.08% and 2.46%, respectively, while rates on the East Coast saw a 0.86% decrease according to a report released by LowestRates.ca, an online rate comparison site for insurance, mortgages, loans and credit cards The company’s Q1 2018 Auto Insurance Price Index, […]
Can You Believe This
Friday Fun: April 13, 2018
By Jeff Sanford Toronto, Ontario –- April 13, 2018 –- In today’s Friday Fun: The remarkable rise in insurance costs for drivers caught texting, Arctic collision repair and the world’s largest auto insurance scam. The lead of a Long Island newspaper story is amusing; “This car needed a repair so badly it couldn’t wait any […]
Appraisals
Photo estimates not as reliable as in-person estimates, says ‘Inside Edition’
By CRM Staff Toronto, Ontario — April 11, 2018 — Several days ago, the newest “Inside Edition” looked at whether photo estimations, which are becoming a popular option for insurance customers, are as effective as in-person estimates, reports our partner publication Repairer Driven News. During the episode the program showed footage of the owner of […]
Auto Insurance
Liberals to blame for ICBC crisis, Fraser Institute
Vancouver, British Columbia — April 9, 2018 — British Columbian autobody shops can breathe slightly more easily after a new report was issued about the financial crisis facing the Insurance Company of British Columbia (ICBC). Months after Attorney General David Eby promised to investigate claims that widespread insurance fraud, the provincial government has […]
Auto Insurance
New government, old problems for the ICBC
By CRM Staff Vancouver, British Columbia — March 4, 2018 — Measures taken by the provincial government to help buoy the finances of the Insurance Company of B.C. (ICBC), which lost $1.3 billion last year, may not be paying off. Last month, an independent report into the ways to ease the financial crisis […]
Canadian autobody industry leaders respond to Aviva shop fraud investigation
By CRM Staff Toronto, Ontario — March 19, 2018 — Inspired by tow truck driver recommendations, Aviva recently led an undercover investigation into Canadian collision repair shops. The investigation, covered by CTV, found evidence that repair facilities are conducting inappropriate repairs. The major Canadian P&C carrier crashed ten vehicles and appraised the damage […]
New report says insurance rates are climbing in Alberta and falling in Ontario
By CRM Staff Toronto, Ontario — March 20, 2018 — A new insurance report from LowestRates.ca shows the latest trends coming out of 2017, in its Auto Insurance Price Index. “The car insurance industry can be a bit of a mystery to consumers, and that’s the main reason we created the Auto Insurance Price […]
ICBC gives update on financial dumpster fire
Gold River, B.C. — March 4, 2018 — Provincial Attorney General David Eby has announced that the Insurance Company of B.C. will no longer be required to have enough capital available to cover the cost of claims. “So, we had to change the rule in order to appear in front of the utilities commission […]
Watching your back: Cadillac XT5 and Subaru Outback RAB systems share top safety grade
By CRM Staff Mississauga, Ontario — February 28, 2018 — The Subaru Outback and the Cadillac XT5 have been praised for their reverse automatic breaking (RAB) systems by the Insurance Institute for Highway Safety’s (IIHS). In a report issued last week, the IIHS found graded both models’ systems as ‘superior’ for their ability to […]
Report alleges B.C. Liberals ignored warnings about the ICBC in 2014
Vancouver, B.C. — February 27, 2018 — The provincial NDP may have found a new target to pin the blame of the Insurance Company of B.C.’s fiscal woes, with a report alleging that the previous Liberal government had known of the situation in 2014 and failed to take the appropriate actions. The report, released […]
Bent out of Shape: B.C. Lawyers, masseuses come out against minor injury claim cap
By Gideon Scanlon Vancouver, B.C. — February 5, 2018 — When the provincial government elected to place a cap on payouts for victims of minor injuries, it might have predicted where the most vocal opposion to the plan would come from. A group of B.C. trial lawyers have banded together to form Rights Over Arbitrary Decisions […]
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