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auto insurance

Car keys laying on top of an auto insurance policy
News ClaimsClaims CanadaInsuranceLegalMarkets / Coverages

What the P&C industry thinks of Ontario’s 2024 budget

March 27, 2024 by Jason Contant

Proposed reforms to Ontario auto insurance will make life simpler for accident victims but could increase premiums and costs for insurers, says David Marshall, who’s served as senior advisor to the provincial government on auto insurance and pension funds.  In

Person reporting a stolen vehicle
News ClaimsClaims CanadaInsuranceMarkets / Coverages

Insurer’s Top 5 insurance fraud claims of 2023

March 25, 2024 by Jason Contant

An intoxicated driver who reported her car stolen to avoid the consequences of impaired driving and fake invoices for high-end jewellery reportedly stolen from a vehicle were among Saskatchewan Government Insurance’s (SGI) Top 5 insurance fraud claims of 2023.  The

Much money and a motorcycle.
News BrokersClaimsInsuranceLegalLegislation / Regulation

Innocent victim of insurance fraud? Why a tribunal found otherwise….

March 25, 2024 by David Gambrill

An injured motorcyclist claiming he was the innocent victim of fraud had the wherewithal to know he was not carrying valid insurance, thus disqualifying him from receiving accident benefits, the Ontario Licence Appeal Tribunal (LAT) ruled Thursday. The tribunal said

Aerial view near Barrie, Ontario
News ClaimsClaims CanadaCommercial LinesInsuranceMarkets / CoveragesRisk

Rising insurance premiums create challenges for local municipalities

March 20, 2024 Wayne Doyle, Local Journalism Initiative Reporter, BarrieToday.com – The Canadian Press

The cost of insurance for local municipalities continues to rise. Springwater Township received its annual insurance renewal notice last Friday at a cost of $625,709.52. That’s almost $42,000 more than last year, or slightly more than seven per cent. According

Justice and law symbol statue
News ClaimsLegalLegislation / Regulation

Top court clarifies standard for judicial review of LAT decisions

March 15, 2024 by David Gambrill

Canada’s top court has kicked an auto accident benefits dispute back to the Ontario Licence Appeal Tribunal, effectively confirming courts have discretion to review decisions from the LAT, even if claimants only have a limited right to appeal LAT decisions.

Quebecers will soon be able to opt for an 'X' gender marker.
News ClaimsClaims CanadaInsuranceLegislation / RegulationMarkets / Coverages

Quebec to offer ‘X’ gender option for health cards, driver’s licences

March 5, 2024 Morgan Lowrie – The Canadian Press

Quebecers who do not identify as male or female will soon be able to opt for an ‘X’ gender marker on their health cards and driver’s licences. Both Quebec’s automobile insurance board and its public health insurance board confirmed Monday

Canada Post Mailboxes
News InsuranceLegislation / RegulationRisk

Regulator defends use of territories for rating auto insurance

March 4, 2024 by David Gambrill

Ontario’s auto insurance regulator is allowing insurers to explore different ways to rate for territories other than the standard — and rigid — postal code method, but the regulator won’t be banning territorial rates, the regulator’s top exec confirmed Monday.

Happy salesman selling the car to his female customer in a showroom.
News LegalMarkets / Coverages

Vehicle warranties: Auto insurers don’t owe premium tax on dealer’s fees

February 29, 2024 by David Gambrill

An insurer doesn’t owe provincial premium tax on auto dealer’s fees charged for vehicle equipment warranties, the Supreme Court of B.C. has ruled. Vehicle equipment warranties are commonly sold at auto dealerships. Customers pay for vehicle warranty policies as part

Autonomous car sensor system concept for safety of driverless mode car control
News ClaimsInsurance

Safety tech in cars isn’t reducing insurers’ claims costs

February 27, 2024 by David Gambrill

Much has been made of the new electronic safety tech in cars, but it doesn’t seem to be making a dent in auto insurers’ claims costs, according to a new report by Rates.ca. “You might expect that with more safety

Taxi car with Uber logo on the snowy street.
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Why this Uber driver was not injured in an auto accident

February 26, 2024 by David Gambrill

An Uber driver who slipped on ice when helping a passenger load the trunk was not involved in an auto ‘accident,’ the Ontario Licence Appeal Tribunal has ruled. The ruling is consistent with a trend in Ontario case law over

Alberta and Canada flags
News InsuranceLegislation / RegulationMarkets / Coverages

Intact CEO’s take on fear of auto rate cap contagion

February 23, 2024 by David Gambrill

Intact CEO Charles Brindamour does not anticipate Alberta’s auto rate cap will bleed over into Ontario’s private auto insurance sector. “There’s always a risk,” Brindamour told Mario Mendonca, managing director of equity research at TD Cowen, during a fireside chat

Toy auto mobile on top of a stack of note books and beside a spilled jar of coins
News ClaimsInsuranceMarkets / Coverages

How Intact plans to approach auto pricing in 2024

February 21, 2024 by David Gambrill

Intact delivered a combined ratio of 94.7% in its auto insurance business in 2023, and the company expects to post a similar auto result in 2024 as well, Intact Financial Corporation CEO Charles Brindamour said today in a virtual fireside