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,…
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…
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…
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,…
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…
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…