The ‘New Normal’: CIECA webinar guest says industry should not ‘fight’ AI
Toronto, Ontario — On Thursday, CIECA held a webinar on the future of AI in the collision repair industry. Driaan du Toit, vice president of strategy and development at Solera hosted the webinar, alongside Evan Davies, Solera’s chief technology officer (CTO). The two covered a variety of topics ranging from the impact of COVID-19, to […]
No Longer Hidden: FSRA warning consumers Hidden Ace Brokerage is not licensed to conduct insurance business in Ontario
Toronto, Ontario —It has come to FSRA’s attention that Hidden Ace Brokerage is conducting an auto insurance business without a licence to sell. The Financial Services Regulatory Authority of Ontario (FSRA) is warning consumers that Hidden Ace Brokerage is not licensed by the Registered Insurance Brokers of Ontario (RIBO) and is not licensed as […]
To be Fair: New ICBC Fairness Officer role approved
Victoria, British Columbia — The Insurance Corporation of British Columbia (ICBC) has created a new position focused on ensuring the corporation makes “fair” and “transparent” decisions related to its newly launched enhanced care plan. With the introduction of ICBC’s new Enhanced Care coverage on May 1, 2021, any British Columbian injured in a crash will […]
Insurance News
A MASS-IVE STATEMENT The Alliance of Automotive Service Providers of Massachusetts (AASP-MA) has issued a statement confirming it will represent both direct repair program (DRP) and non-DRP shops, while simultaneously calling DRP conditions a “detriment to [the] industry” in its position statement. “AASP-MA is a pro-consumer association representing all collision repairers and mechanical repair shops, […]
A Bigger Slice: Intact completes acquisition of RSA Insurance
Toronto, Ontario — Intact Financial Corporation, one of the largest auto insurance providers in Canada announced today that, together with Tryg A/S, it has completed the acquisition of RSA Insurance Group plc. “Bringing together Intact and RSA will expand our leadership and accelerate our strategy as we continue to focus on outperformance across our business,” […]
Token of Trust: CAA named most trusted brand in Canada by Gustavson Brand Trust Index
Toronto, Ontario — The Canadian Automobile Association (CAA) has been named the most trusted brand in Canada for the second year in a row in the annual Gustavson Brand Trust Index, released on May 3, 2021. CAA has been rated one of Canada’s top two most trusted brands in the index for five years running. […]
INSURANCE NEWS – CRM 20#1
POOF GO THE PREMIUMS Manitoba drivers are projected to see auto insurance premiums drop by an average of 8.8 per cent in the coming months. In early December 2020, the Public Utilities Board (PUB) approved MPI’s request, which averages out to a savings of more than $100. The corporation had begun turning over more money […]
Cheque please, no tip: ICBC says $190 rebate cheques coming in March
Victoria, British Columbia – Meeting its promise to return a portion of the $600 million in savings accrued during the pandemic, the Insurance Corporation of British Columbia (ICBC) has announced that drivers in the province will have rebate cheques in their pockets come March. All customers who had a policy with ICBC from April to […]
