Payment Proposals: Conseil D’Experts Sur Les Contributions D’Assurance Automobile reveals recommendations for the creation of streamlined insurance categories for commercial vehicles
Quebec City, Quebec — The Counseil D’Experts Sur Les Contributions D’Assurance Automobile has announced that an expert panel on Quebec auto insurance has welcomed a recommendation to introduce four new, streamlined insurance categories for commercial vehicles in the province. In a recent press release, the Counseil specifically notes that “after reviewing the approach taken by […]
Annual Insights: SGI 2023-2024 Annual Report reveals $78 million in net income; overall claims costs down
Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) reported $78 million in net income in its 2023-24 annual report, which was tabled in the Legislative Assembly on July 8, 2024. From 2023 to 2024, overall claims costs were down, thanks in part to fewer storms throughout the year, leading to fewer catastrophic claims and their related […]
Adiós Aviva: Aviva to discontinue its Aviva Direct insurance program in Alberta by January 2025 due to lack of profitability
Edmonton, Alberta — Aviva Canada has announced its intention to phase out its Aviva Direct home and auto business insurance program in Alberta in early January 2025, citing lack of profitability as the reason for the discontinuation. Aviva direct customers in the province will receive letters in the mail to inform them of the change. […]
Climbing Claims: Rising windshield claims cost ICBC more than $100 million each year, says recent report
Victoria, British Columbia — Data collected by the Insurance Corporation of British Columbia (ICBC) shows that there is a growing number of glass repair and replacement claims across the province, with the ICBC paying more than $100 million each year. While the Crown corporation did not speculate on the reasons behind the increase, data shows […]
All Hands On Deck: SGI reports 2,500 autoclaims from weekend storm in Saskatchewan
Regina, Saskatchewan — Saskatchewan Government Insurance (SGI) has reported that as of Tuesday afternoon, the insurer has handled 2,527 autoclaims as a result of a storm system that moved across the province over the weekend. Of the claims currently filed, SGI has further reported that most were due to hail damage. SaskToday further noted that […]
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 […]