Canadian autobody industry leaders respond to Aviva shop fraud investigation

resident of Aviva Canada, Colm Holmes.

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 […]

Assessing Canada’s P&C sector in the era of radically low interest rates

Interest rates have been at extremely low levels for some time. This has wide ranging impacts on the insurance industry.

By Jeff Sanford Toronto, Ontario — February 2, 2016 — This past week Aviva Canada announced it would buy up the assets of RBC’s general insurance arm. The deal was a relatively small one for the insurance industry, with about $582 million changing hands to seal the deal. Around 575 RBC Insurance employees will become […]

Aviva goes after fraudsters

Fraud alert.

By Jeff Sanford Toronto, Ontario — September 14, 2015 — Insurance company Aviva recently helped police lay fraud charges in two cases involving the auto body and auto insurance industries. According to a press release from Aviva, Peter Panagopoulos, the owner of Bill’s Midway Auto Body, is one of those charged. He is alleged to […]

Insurance side: Zurich evaluates, financials for Q2 and FSCO creates a furor

FSCO created a furor when it noted the Liberal government has failed to reduce auto insurance premiums by 15 per cent as promised in the last election.

By Jeff Sanford Toronto, Ontario — August 7, 2015 — A lot of news from the insurance side of the auto claims economy this week, especially considering the flood of financial reports released as companies finish crunching the numbers for the second quarter of 2015. Here’s a quick round up: – Zurich Insurance Group announced […]