Auto Insurance: Page 84

Collision Repair

Special Sneak Peak: Money Where it’s Sunny

This year’s first Collision Repair magazine is still hot from the presses, our online audience can get another sneak peak inside without risking their fingertips. In this special sneak preview, we take a look at an unlikely investment idea, expanding into the Mexican collision repair market. Spotlight on Mexico By Gideon Scanlon In our reports […]

Check out our look into Mexico's possibility-filled collision repair industry in our upcoming magazine.

IBC applauds B.C.’s move to curb rising auto insurance costs and calls for competition to reduce rates

By CRM Staff Vancouver, B.C. — February 7, 2018 — The new NDP government in B.C. has come out in support of an Insurance Bureau of Canada (IBC) report on resolving the province’s insurance crisis by opening up the door for private insurers to compete. The government has said it will move towards a […]

New changes on the horizon for B.C.’s insurance laws.

In the Crosshairs: ICBC mess not the fault of bodyshops – BC ARA

By Gideon Scanlon Vancouver, B.C. — February 5, 2018 — Provincial Automotive Retailer Association spokesman Adam Grossman has struck back against reports that questionable bodyshop billings had lead to the ICBC’s $1.3 billion loss last year. Despite the fact that the ARA’s position is supported by ICBC, the unsubstantiated claims have spurred the provincial government […]

The B.C. government has hired an external auditor to investigate reports that bodyshops inflated their bills to ICBC.

B.C.’s financial dumpster fire: NDP clarifies ICBC response

By CRM Staff Vancouver, British Columbia — February 1, 2018 — The recently installed NDP government has ruled out the possibility of passing legislation on no-fault insurance in the province and will ignore calls for a liberalizing of the province’s auto insurance sector. When provincial Attorney General David Eby spoke about revelations that B.C.’s ICBC […]

ICBC will raise its rates by $400-per-head in order to cover the $1.3 billion loss last year.

Privatize or Pay: The Insurance Bureau of Canada calls for privatization in B.C.

By Gideon Scanlon Vancouver, British Columbia — February 1, 2018 — In response to news that B.C.’s public auto insurer ended 2017 with a $1.3 billion loss, the Insurance Bureau of Canada (IBC) has released a report calling for more privatization in the B.C. auto insurance business – effectively calling for an end to […]

The Insurance Bureau of Canada has released a report calling for the privatization of B.C.'s auto insurance market

Western woes: Bodyshops brace for market shock after B.C. public insurer announces $1.3 billion loss last year

By CRM Staff Victoria, British Columbia — January 29, 2018 — The Insurance Corporation of British Columbia (ICBC), the public auto insurer for the province, saw losses hit $1.3 billion last year, according to expert extrapolations from a study of the first three-quarters of 2017. What this means in the longer term for B.C. bodyshops […]

A British Columbian license plate celebrating the province's hosting of the 2010 Olympics.

SGI changes definition of antique vehicle

By Tom Davis Regina, Saskatchewan — January 19, 2018 — Saskatchewan Government Insurance (SGI) has announced it has changed its definition of an antique vehicle. The corporation said its definition has officially changed from “vehicles 30 years old or older” to “vehicles that are model year 1987 and older.” This change means vehicles with a […]

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Climate change, technology and raising repair costs and risk expected to impact the industry in 2018, say insurers

By Erin McLaughlin Toronto, Ontario — January 3, 2017 — Four insurers recently commented on what they anticipate will be major industry makers and breakers for the upcoming year. Rowan Saunders, President and CEO of Economical Insurance; Lynn Oldfield, President and CEO of AIG Canada; Sean Murphy, President of Lloyd’s Canada; and Heidi Sevcik, […]

From Left: Sean Murphy, President, Lloyd’s Canada; Rowan Saunders, President, CEO, Economical Insurance; Lynn Oldfield, President, CEO, AIG Canada; Heidi Sevcik, President, CEO, Gore Mutual Insurance Company.

Friday Fun: Telematics is “popular” Christmas gift; Ontario Police up game in catching distracted drivers

By Jeff Sanford Toronto, Ontario — December 22, 2017 — In this week’s edition of Friday Fun, the importance of up-to-date shop surveillance, fitbits for cars, the sharp reduction in safety-rated vehicles, and much, much more. – A chat with a tech reporter on the local Toronto CBC radio station suggests that one of the […]

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Earl Cameron of SGI discusses retirement, career and future

Effective December 31, Earl Cameron, Executive Vice President of the Auto Fund, Saskatchewan Government Insurance, is retiring after 44 years of service. The following is an interview between Cameron and Marie Schultz, Communications Consultant, Media Relations, of SGI. Together, the pair explore Cameron’s career path, retirement and future. By Marie Schultz Saskatchewan, Regina — December […]

Earl Cameron, long time employee with SGI. He’s set to officially retire from the company after 44 years of service, on December 31.Earl Cameron, long time employee with SGI Salvage. He’s set to officially retire from the company after 44 years of service on December 31.

High-end SUVS most commonly stolen vehicle in Ontario

By CRM Staff Toronto, Ontario — December 13, 2017 — Thieves in Ontario are going big, with high-end SUVs topping the International Bureau Canada’s (IBC) list of most commonly stolen vehicles. This comes at the same time as new figures from Statistics Canada found the number of vehicles stolen in the province increased by 1 […]

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Ontario to reform auto insurance system to combat fraud and drop prices

By Tom Davis Toronto, Ontario — December 6, 2017 — Ontario has announced it will take measures to make auto insurance more affordable for the province’s 10 million drivers with its Fair Auto Insurance Plan. Announced by Charles Sousa, Minister of Finance, in Toronto on Wednesday, the plan includes “significant” reforms that will aim to […]

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