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Topic Personal Auto

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Winter tire use cut an auto insurer’s claims costs by this much

November 12, 2020 by Greg Meckbach

Vehicle damage claims frequency appeared to be 6% lower for vehicles with winter tires than those without winter tires, Manitoba’s public auto insurer concluded in a recent study. “The estimated 6.3% reduction in claim frequency due to winter tire use

News LiabilityPersonal Auto

GM recalls 217,000 vehicles to fix leak that can stop travel

November 10, 2020 by The Associated Press

DETROIT – General Motors is recalling more than 217,000 cars and SUVs in the U.S. and Canada because transmission oil can leak, causing them to stop moving or possibly catch fire. The recall covers certain versions of the 2018 through

News AlbertaB.C.BrokersCommercialInsurersMergers and AqcuisitionsOntarioPersonal AutoPersonal HomeQuebecSaskatchewan

Brokerage M&A round-up: Which four were bought?

November 9, 2020 by Jason Contant

British Columbia-based Westland Insurance Group Ltd. has moved into the Ontario market, announcing that it has acquired Gillons Insurance Brokers Ltd. The “significant and substantial milestone” supports Westland’s expansion strategy to become a national insurance brokerage, the brokerage said when

News B.C.Personal Auto

Intact has ‘lost hope’ in this market

November 6, 2020 by Greg Meckbach

Intact Insurance could potentially re-enter the British Columbia auto market, but not if it is restricted to offering only optional coverages while competing against a government monopoly, CEO Charles Brindamour said this past Tuesday. During an earnings call, Intact Financial

News HRInsurersManagementManitobaPersonal Auto

New CEO for Manitoba government auto insurer

November 4, 2020 by Greg Meckbach

Manitoba Public Insurance has hired Eric Herbelin, a former senior strategist for Zurich Insurance, as its new CEO, effective Jan. 4. Herbelin worked in Switzerland for Zurich from 2001 through 2016, according to his LinkedIn profile. MPI announced Herbelin’s appointment

News BrokersClaimsInsurersPersonal Auto

What industry experts think of pandemic auto rebates

October 30, 2020 by Adam Malik

Insurance companies responded well and appropriately to the COVID-19 pandemic in terms of assisting customers by way of premium relief and other measures, according to industry experts. Canadian Underwriter recently checked in with insurers on the current status of relief

News B.C.BrokersInsurersLoss TrendsPersonal Auto

5th Top Story in 2020: Intact to exit this line of business

October 28, 2020 by Jason Contant

Canada’s largest insurer announced late Tuesday that its brands Intact Insurance and belairdirect will no longer offer optional auto coverage in British Columbia.  “This decision was taken after careful consideration, given the upcoming regulatory changes in the province that will

News ClaimsInsurersPersonal Auto

Same counsel can’t work for insurer on both priority dispute and AB claim: Court

October 27, 2020 by David Gambrill

An Ontario auto insurer involved in a priority dispute with another insurer should have used a different counsel in that dispute than the one used for the main accident benefits claim with the insureds, the Ontario Superior Court has ruled.

News ClaimsInsurersPersonal Auto

How seniors became a better auto risk than younger drivers

October 26, 2020 by Adam Malik

Improvements in healthcare, vehicle safety, and infrastructure design have brought down senior crash fatality rates to the point where younger drivers are now a greater risk to die in collisions than seniors, a new study has found. Historically, people aged

Feature Commercial AutoEmerging RisksLegalLiabilityLicensingPersonal AutoTechnology

Why Uber has a new insurer

October 23, 2020 by Jason Contant, Online Editor

After a five-year-long business relationship with Intact, ridesharing giant Uber moved its business to Economical. What prompted the move?

News ClaimsClaims Canada ArchiveClaims ProfessionalsLoss ControlLoss TrendsManitobaPersonal AutoRisk Managers

How auto insurers are promoting National Teen Driver Safety Week

October 20, 2020 by Greg Meckbach

Teenagers are 3.1 times more likely to follow too closely than drivers older than 45, Manitoba’s auto insurer is warning. Teens are also 3.6 times more likely to lose control or drive off the road than drivers aged 45 and

News BrokersInsurersPersonal Auto

How directs may gain the edge when drivers purchase a car

October 13, 2020 by Adam Malik

Insurers need to form stronger bonds with various ancillary organizations involved in a car purchase, so that insurance isn’t the last thing on a consumer’s mind at the end of the deal, says an industry consultant. But in seeking out