Holding Steady: ICBC files to freeze basic insurance rates for next two years
Vancouver, British Columbia — The Insurance Corporation of British Columbia has filed an application with the British Columbia Utilities Commission (BCUC) for no increase to basic insurance rates for the next two years. “Holding firm on ICBC’s basic insurance rate for two more years will help millions of drivers with their monthly bills amid global […]
Divide and Prosper: Credit score discrimination by auto insurers growing in N.B. despite opposition
Saint John, New Brunswick — The New Brunswick Insurance Board continues to approve insurer requests allowing credit scores to determine driver insurance rates, despite criticism that the practice carries discriminatory implications. Notably, the independent Office of the Attorney General has criticized the practice as unfair, given that the province has the most drivers per capita […]
Industry Insider: Building solutions to the supply chain shortage | Dayle Thys of LKQ
Toronto, Ontario — On this episode of Industry Insider, “Building Solutions to the Supply Chain Shortage” Collision Repair’s James Kerr speaks with Dayle Thys, District Manager C3 Western Canada for LKQ. We discuss the struggles shops are facing, and what you can do about it.
Tuesday Ticker: CAMI kicks off electric delivery truck production; Rivian makes first deliveries to B.C. market
Toronto, Ontario — In this weekly economical report, General Motors starts up EV assembly lines in Ontario; Rivian makes its first Canadian deliveries and promises increased production in Q4 while the Canadian pension fund offloads some electric shares. Bring on BrightDrop The CAMI Assembly plant in Ingersoll, Ont.—which General Motors spent seven months and more […]
Can You Believe This?! Chandelier headlights, leaps of faith and much, much more
Toronto, Ontario — Happy Friday! Treat yourself to a cup of morning chuckles with Collision Repair’s weekly Can You Believe This?!, featuring WTF welding jobs, snowfall fiascos in B.C., the first-ever car-vault gymnastics and much, much more!
Tuesday Ticker: Tesla tops Toyota’s Q3 profits; Carvana e-commerce share price slashed
Toronto, Ontario — In this weekly financial-watch report, Tesla’s Q3 results are compared with Toyota’s and e-commerce platform Caravana sees its share price cut in half. Tesla tops Toyota Tesla could have earned eight times as much per vehicle as Toyota in Q3, reports Asian newspaper Nikkei. A report from Electrek claims Toyota delivered eight […]
A Mate in Allstate: Allstate names asTech as preferred scan provider for repair network
Toronto, Ontario — Allstate has granted the official seal of approval to Repairify, announcing Tuesday that asTech has been named as the preferred diagnostic scanning provider for collision shops operating within the insurer’s Good Hands Repair Network (GHRN). With asTech products, users have access to more than 400 certified technicians by phone and are capable […]
Tuesday Ticker: AutoCanada marks ‘record-setting’ quarter; Toyota teases new Prius, despite low model sales
Toronto, Ontario — In this weekly Tuesday Ticker, AutoCanada reports its Q3 financial results, adding more than $45 million in acquisitions to its portfolio. Meanwhile, Toyota teases the fifth-generation Prius amid decreasing global sales numbers, and Volkswagen crosses a finish line far earlier than planned. ‘Another record-setting quarter’ AutoCanada reported financial results last Wednesday, marking […]
Can You Believe This?! featuring grocery cart wheel accessories, duct tape car finishes and more
Toronto, Ontario — Another Friday, another Collision Repair Can You Believe This?! This week, see what happens when you let your kids go crazy on your car finish; witness duct-tape DIY paint jobs; see the grocery delivery guy’s new whip and much, much more!
Nickel and Dime: IBC criticizes ICBC for lowering payouts despite more accidents occurring
Victoria, British Columbia — A report by the Insurance Bureau of Canada (IBC) alleges that injury claims paid out by Insurance Corporation of British Columbia (ICBC) are falling more than in previous years, despite a trending increase in the number of accidents. ICBC has rebuked this claim as misinformation, with IBC saying that these claims […]
