Rating Rates: 82 percent of consumers satisfied with insurance provider, says new RatesDotCa study; top providers named
Toronto, Ontario – In a recent study from RatesDotCa reviewing the opinions of insurance policy holders in Canada, 82 percent of consumers report being satisfied
Electric Haze: Only 20 percent of ICBC salvaged EVs successfully rebuilt in 2023, says BCAR analysis
Victoria, British Columbia — An Automotive Retailers Association B.C. Auto Recyclers’ Division (BCAR) summary analysis on EVs sold via ICBC auctions in 2023 and their rebuild
Blizzards Mean Busy: MPI reports receiving 500 collision claims following extreme winter weather
Winnipeg, Manitoba – Manitoba Public Insurance (MPI) has reportedly received more than 500 collision claims following blizzard conditions last Friday. Due to extreme weather conditions,
Disaster Data: Canadian insured losses from catastrophic weather events total record-breaking $8.5 billion in 2024, says CatIQ report
Toronto, Ontario – According to a recent report from Catastrophe Indices and Quantification Inc. (CatIQ), in 2024, insured losses from catastrophic weather events in Canada
Revised Restrictions: Alberta introduces new insurance licence for dealership programs
Edmonton, Alberta — On December 19, 2024, the Office of the Alberta Superintendent of Insurance published a revised version of the Superintendent’s Revised Bulletin (tbf-superintendent-of-insurance-2024-05-bulletin)
Driving Disputes: MPI counters study claiming Manitoba recorded 85 percent more driving injuries than national average
Winnipeg, Manitoba – Manitoba Public Insurance (MPI) has reportedly countered the findings of a study shared by Preszler Injury Lawyers that originally stated that Manitoba
Fraudulent Findings: MPI reports top five instances of attempted auto fraud in 2024
Winnipeg, Manitoba — Manitoba Public Insurance (MPI) has once again released its top five instances of automotive fraud in 2024, highlighting driver’s creative and often
Getting it Straight: ARA releases updated statement of notice sent to ICBC
Victoria, British Columbia — In an industry update, the Automotive Retailers Association (ARA) has announced that it recently spoke with the Insurance Corporation of British Columbia
A Digital Dosage: Customer satisfaction with digital claims process increases by 17 points from 2023, says J.D. Power Report
Toronto, Ontario — According to J.D. Power’s 2024 U.S. Claims Digital Study released on Tuesday, insurers’ investments in the digital claims process has resulted in
Insurance Increases: Ontario continues with consultation process on ability to sell automobile insurance products at dealerships
Ottawa, Ontario — On November 22, the Ontario Ministry of Finance announced that it is proceeding with the plan—first announced in Ontario’s 2024 Budget—to give
Rocketing Rates: New Brunswick auto insurance providers seeking to raise premiums by 10 percent or more, says new report
Fredericton, New Brunswick – Several major automobile insurance companies are currently seeking approval to raise premiums in New Brunswick by 10 percent or more, says
Care-First Consideration: Alberta announces details for upcoming auto insurance reforms; outlines switch to no-fault system in 2027
Edmonton, Alberta — Alberta’s government has announced its plan for an updated insurance system, saying it will raise its auto insurance rate cap for good
