Curtailed for Cabs: New partnership aims to help lower taxi driver insurance
Toronto, Ontario — Following last week’s article on insurance amongst Taxi Drivers, a new partnership has developed to target this disproportionate elevation of insurance premiums amongst those working in the cab industry. The Facility Association has partnered up with Foresight Insurance Analytics to launch a video telematics program to help taxi drivers improve–or simply prove […]
Up-Charged: EV insurance costs ‘taken higher’ reports Forbes Advisor
Toronto, Ontario — A recent Forbes Advisor report found that EV insurance rates are approximately $100(USD) more expensive annually than similar builds and models of gas-powered vehicles. This information comes amidst significant increases in EV ownership. With gas prices at all-time highs and an increased focus on environmental impact, electric vehicles are being touted by […]
Fraser Institute report on ICBC vindicates bodyshops
By CRM Staff Toronto, Ontario — November 21, 2018 — Despite what the provincial government might believe, it isn’t collision repairers fault that British Columbia’s drivers spend more for their auto insurance than other Canadians — at least according to a report issued by the Fraser Institute. The right-leaning think tank’s report, released Tuesday, argues that […]
Canadian autobody industry leaders respond to Aviva shop fraud investigation
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 […]
No more luxury: ICBC won’t cover high-end vehicles
Victoria, British Columbia — November 24, 2016 — The government of British Columbia has stated that it will no longer insure high-end luxury cars. British Columbia, like Manitoba and Saskatchewan, has a public auto insurance system. In BC, auto insurance is typically purchased through the Insurance Corporation of British Columbia (ICBC), an arm of the […]
The Autonomous Report: Trains will feel the bite, big drop in auto insurance predicted and Lyft founder’s vision for the future
By Jeff Sanford Toronto, Ontario — October 8, 2016 — It’s another week, and that means another slew of reports on autonomous vehicles (AVs). This week we look into how some of the big OEMs appear to be cooperating, rather than competing in the AV space, a report from bank Morgan Stanley outlines the case […]
Friday Fun Reads: Deiselgate, diamond speakers, and the disappearing red car
By Jeff Sanford Toronto, Ontario — September 24, 2015 — A collection of interesting auto sector news bits from the week that was: – The biggest story of the week, of course, is Deiselgate. VW admitted it had been programming its cars to cheat on emissions testing standards. The auto industry trade media has, collectively, […]
