Sustainability Sessions: Solera and Simplicity Car Care host Automotive Industry Sustainability Summit
Toronto, Ontario — Simplicity Car Care and Solera Audatex joined forces on Tuesday in Toronto to host an inaugural Automotive Industry Sustainability Summit dedicated to paving a road to net-zero in the collision repair and auto claims economies. Highlighting the event was the joint launch of The Canadian Claims Economy Sustainability Council a joint initiative […]
Fire Frustrations: MPI Gateway Service Centre temporarily closes due to unexpected fire
Winnipeg, Manitoba — Due to an overnight fire that occurred on June 19th, Manitoba Public Insurance (MPI) has announced that the Crown corporation’s Gateway Service Centre in Winnipeg, Manitoba will be closed until further notice. In a service announcement, MPI specifically commented that “the location will remain closed for front counter services, including vehicle registration […]
Sayonara, Sonnet: Sonnet Insurance Company to end auto insurance business in Alberta, effective Dec. 13, 2024
Edmonton, Alberta — Sonnet Insurance Company will phase out auto insurance operations by Dec. 13, 2024, the company announced last Friday. The company cited December 13 as its intended date of withdrawal from the Alberta market. Following that date, Sonnet will no longer issue new policies, nor will it renew any new auto insurance policies […]
Premium Pile Ups: Auto industry prices increase in passenger vehicle premiums, critical maintenance and more, says Desrosiers report
Toronto, Ontario — Desrosiers Automotive Consultants has released an automotive consumer price index percent changes report comparing April 2024 to April 2023 data. This data specifically shows that passenger vehicle insurance premiums have increased by 6.8 percent. Data from the report also shows that following increases to passenger vehicle insurance premiums, gasoline price increases were […]
A Dash of Information: Insurance Bureau of Canada launches DASH service to increase industry-directed policy and claims information
Toronto, Ontario — In an official press release, the Insurance Bureau of Canada (IBC) has announced the launch of the Driver and Auto Search History (DASH) system. This system specifically aims to provide industry-directed policy and claims information to users. The press release also outlined how DASH will be used to provide detailed reports on […]
Premier Pumps Brakes: Alberta Premier says ‘no appetite’ for government-run auto insurance system despite potential consumer savings
Edmonton, Alberta — Alberta Premier Danielle Smith recently announced that the province will not be considering government-run public auto insurance despite a recent report suggesting hundreds in savings for drivers. The report by Oliver Wyman and Nous Group was originally commissioned by the Alberta Treasury and Finance Board. In the report, “Olive Wyman’s calculations (predicted) […]
Climbing Costs: Insurance Bureau of Canada reveals Ontario’s top ten costliest cities for auto theft claims; reports record-shattering 524 percent cost increase in last five years
Toronto, Ontario — For the first time, the Insurance Bureau of Canada (IBC) has released a list of the top ten costliest cities in Ontario for auto theft claims, and further, reveals a 524 percent cost increase across Ontario since 2018. According to the newly released data, auto theft claims costs have also surpassed $1 […]
Stunting Stunt Driving: Drivers in Saskatchewan will now automatically lose license for a week and vehicle for a month for stunt driving
Regina, Saskatchewan — Drivers in Saskatchewan will now automatically lose their license for a week and their vehicle for a month for stunt and high-speed driving, according to the Saskatchewan Government Insurance (SGI). These new driving penalties came into effect in the province on Wednesday and were initially processed in February. Prior to this change, […]
Service Scramble: Service contracts to be considered as automobile insurance contracts in British Columbia, says BCFSA
Victoria, British Columbia — The British Columbia Financial Services Authority (BCFSA) has issued a Regulatory Statement to respecify what is considered a service contract versus insurance contract in the province. The Regulatory Statement is specifically titled as “Product Warranty, Vehicle Warranty, and Automobile Insurance,” and according to the new policy, under the statement, contracts that […]
Have Your Say: Alberta gov’t seeks feedback on auto insurance reforms
Edmonton, Alberta — The Alberta government is currently considering auto insurance reforms and is seeking public feedback in order to implement a decision that is broadly accessible. Notably, Alberta’s government recently asked independent experts to look at systems that could help reduce the costs of auto insurance and “improve the sustainability of the insurance industry.” […]
