Canadian Underwriter

Keyword
Car Rental

Car repair person buffing out paint after replacing body parts.
News BrokersClaimsInsurance

Brokers try to manage client stress over auto repair timelines

July 25, 2023 Philip Porado

Spare parts shortages continue to cause significant auto insurance claims delays, and a scarcity of adjusters is, in some cases, exacerbating the issue. Many problems brokers are now seeing and helping clients manage wouldn’t have popped up in prior years,

Aerial shot of four rows of cars of various colours lined up in darkly lit parking lot
News BrokersClaimsInsuranceMarkets / Coverages

Are car rental shortages affecting loss of use endorsements?

August 5, 2022 by Alyssa DiSabatino

The car rental shortage isn’t only impeding on Canadians’ travel plans—it could also affect policyholders’ loss of use endorsements. Luckily, there are alternative options for insurers to reimburse customers on their loss of use policies, says one of Canada’s largest

News Insurance

Repair cycle times in Canada: Where it takes the longest to get a car fixed

April 8, 2021 by Adam Malik

Alberta is the only Canadian province where the average days billed for rental vehicles increased in 2020 Q4, according to a recent report. And it appears to be thanks to the almost $2 billion in insured damages the province suffered

News InsuranceProductsTechnology

Turo launches car-sharing marketplace in B.C., partners with car rental entrepreneurs

October 3, 2017 by Canadian Underwriter

Turo, which connects local car owners with travellers looking for adventure and in need of a vehicle, has expanded its car-sharing marketplace into British Columbia. To address provincial insurance regulations, the company has structured the expansion by partnering with local,

News InsuranceMergers and AqcuisitionsProfessional Development

Intact Service Centre opens in Ottawa, two more planned for Toronto and Montreal

July 11, 2016 by Canadian Underwriter

Intact Financial Corporation (IFC) announced on Monday that the second Intact Service Centre has opened in Canada, this time in Ottawa. The first service centre opened in Calgary this February. With the launch of the new Intact Service Centre, Intact

News InsuranceMergers and Aqcuisitions

U.S. peer-to-peer car rental marketplace begins international expansion in Canada insured by Intact

April 19, 2016 by Canadian Underwriter

Peer-to-peer car rental marketplace Turo is continuing its drive beyond U.S. borders, announcing Tuesday the company’s international expansion in Canada insured by Intact Financial Corporation (IFC). The move will empower “Canadians to turn their idle cars into earning engines and