Future Sight: ChatCPT may revolutionize insurtech industry, say CEOs
Toronto, Ontario — The introduction of automated chatbots capable of solving problems through simple prompts could be a “game-changer” for the insurance industry, according to Amrit Santhisrasenan, CEO of insurtech company Hyperexponential. Specifically, the debut of generative artificial intelligence (AI) program, ChatGPT, allows users to have the AI automate a variety of tasks: filling in […]
Fatally Flawed: Nissan recalls Rogue and Rogue Sport SUVs for collapsing ignition keys
Detroit, United States — Nissan is recalling more than 809,000 SUVs in Canada and the United States, citing key fob problems that could result in the ignition shutting off in the middle of a drive. According to a Tuesday report first released by the Associated Press, this recall affects the 2014 to 2020 Nissan Rogue […]
Deadline Looming: Nominations for AIA Canada’s 2023 Young Leader of the Year Award close in 14 days
Toronto, Ontario – Time to nominate someone for AIA Canada’s 2023 Young Leader of the Year Award is running out, with an AIA announcement warning that the deadline of March 13, 2023, is only a few weeks away. According to AIA Canada, the Young Professionals in the Aftermarket Committee presents the Young Leader of the […]
Tech For Repair: Progress in medium and heavy-duty collision repair continues, says HD Repair Forum
Texas, United States – The Heavy Duty (HD) Repair Forum is reporting higher-than-average early registration numbers, along with the entry of two new OEMs who are participating for the first time this year. A company press release highlights MCI representative Tim Barnes, who will discuss how to access repair information, find parts, and share opportunities […]
Bold Claims: 3M wins award at 2022 SURCAR Shanghai Congress as customers strive for ‘lights-out’ paint shop
Minnesota, United States – 3M’s Finesse-it Robotic Paint Repair System has earned the “Award for Technique” at the 2022 SURCAR Shanghai Congress, an award by an international autobody finishing organization recognizing the OEM’s ability to use of artificial intelligence (AI) for autobody finishes. “We have completely digitized this critical operation, which allows for continuous real-time […]
Domestic Debut: Project Arrow premieres at Canadian International Auto Show in Toronto
Toronto, Ontario – The Project Arrow has made its first public debut in Canada, taking the spotlight at the Canadian International Auto Show’s Electric City showcase. First unveiled at CES 2023 in January, the vehicle was designed and built as an individualized but functional show piece, demonstrating the capabilities of domestic manufacturing and design rather […]
Technical Velocity: AI claims processing up 180 percent over last three years, CCC says
Chicago, Illinois — In an insurer artificial intelligence (AI) adoption report, CCC Intelligent Solutions says that AI claims processing has risen by 60 percent a year, for the past three years. This follows a claim by the tech company that more than 14 million claims have been processed with a CCC AI system, which indicated […]
Growing Reputation: Axalta AquaEC Flex electric vehicle coating earns 2023 Edison Award, three earned this year
Pennsylvania, United States – Axalta has won three 2023 Edison Awards, with one of the winners being AquaEC Flex, an electrocoat specially designed for electric vehicles (EVs). The other two award recipients were the Abcite 2060 coating for large metal structures and the self-priming kitchen cabinet coating. According to a company press release, AquaEC Flex […]
Financial Missteps: Volvo fined US$130M by NHTSA for Safety Act violations
Washington, D.C., United States — The National Highway Traffic Safety Administration (NHTSA) has fined Volvo’s North American group approximately US$130 million (approx. $175 million), citing multiple violations of the U.S.’s safety act. That included untimely recall filings, including inaccurate defect and noncompliance information reports, failure to adequately notifying owners of a recall, failure to submit […]
Going Vintage: ICBC loses faxed medical forms three times, says B.C. man
Vancouver, British Columbia – A British Columbia man with an expiring Class 1 license claims that the Insurance Corporation of British Columbia (ICBC) lost his medical faxes three times, after attempting to renew his license for more than a year. In an interview with Global News, Dean Germo explained how his troubles with ICBC began […]
