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‘Fire and ice:’ Weather leads to grass fires, slippery highways in southern Alberta

March 31, 2021 by The Canadian Press

BROOKS, Alta. – A fast-moving weather system in Alberta brought both fire and ice, resulting in the evacuation of a village one day and a multi-vehicle collision that closed the Trans-Canada Highway between Medicine Hat and Calgary the next. About

News ClaimsInsurersLegalPersonal Auto

Distracted driving behaviours that your clients deem to be “safe”

March 30, 2021 by Jason Contant

Auto insurers take note: the majority of your clients admit to engaging in distracted driving behaviours, but they consider these behaviours to be safe. The Third Annual Distracted Driving survey conducted by rate comparison site RATESDOTCA revealed that 74% of

News OntarioPersonal AutoTechnology

Why more auto insurers may opt for UBI

March 30, 2021 by Greg Meckbach

Ontario motorists can expect to see more insurers offering telematics now that the province is allowing carriers to impose surcharges on risky drivers. “The bottom line is that insurance companies always want to find the right price for a risk

News AlbertaClaimsPersonal Auto

Up to 70 vehicles: Crash halts traffic on Trans-Canada Highway in southern Alberta

March 29, 2021 by The Canadian Press

BROOKS, Alta. – RCMP in Alberta say 50 to 70 vehicles have been involved in a multi-vehicle collision on Highway 1 between Medicine Hat and Calgary this morning. Officers in Brooks say traffic was not expected to flow in the

News ClaimsClaims ProfessionalsClaims TechnologyCommercial AutoInsurersLegalLoss ControlLoss TrendsOntarioPersonal AutoTechnology

How to detect insurance fraud before the tow truck turf wars start

March 26, 2021 by Jason Contant

Early identification of potential insurance fraud schemes through automation can help prevent scenarios like the towing turf wars in Ontario from spiralling out of control, the CEO and co-founder of FRISS said Wednesday. “I think it is crucial for the

News Personal Auto

BRP to invest $300M over five years to create electric versions of its vehicles

March 26, 2021 by Jon Victor - THE CANADIAN PRESS

MONTREAL – BRP Inc. announced an ambitious expansion into electric vehicles on Thursday, investing $300 million over five years as the company looks to adapt to market trends and broaden its appeal to a new set of customers. The maker

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OSFI results: The good, the bad, and the ugly for Canada’s P&C industry

March 25, 2021 by David Gambrill

COVID-19 last year might have been the end of the world as we know it, to riff on a song by R.E.M., but Canada’s P&C insurance industry is doing fine — financially, at least. After a full year of the

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Fewer brokers in 10 years, insurance exec predicts

March 24, 2021 by Adam Malik

Brokers may not disappear over the next 10 years but their ranks will definitely thin out, an insurance brokerage executive predicted during a recent webinar. Commoditization of the insurance industry will cut out transactional procedures that many brokers find themselves

News ClaimsClaims TechnologyCommercial AutoInsurersPersonal AutoTechnology

Collisions saw ‘drastic reduction’ last year

March 23, 2021 by Adam Malik

With road traffic down due to stay-at-home orders and business closures to prevent the spread of COVID-19, the frequency of auto collisions in Canada was halved at one point, according to a new report. But police data show the fatality

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2020 results: Did Canada’s insurers “outrun the bear” of claims inflation?

March 23, 2021 by David Gambrill

Canada’s P&C insurance industry survived the pandemic year of 2020 in good financial health, although some insurers wound up with healthier balance sheets than others, according to financial data published in the forthcoming MSA Research Q4-2020 Outlook Report. “The Canadian

News BrokersClaimsInsurersPersonal Auto

CAA says driving has dropped. By how much?

March 22, 2021 by Adam Malik

CAA Insurance has seen driving halved since the start of the COVID-19 pandemic, according to its president. Through its pay-as-you-go program, MyPace, and what customers have told the insurer about the number of kilometres they are now travelling, CAA president

News Commercial AutoPersonal AutoSaskatchewan

Trees removed at intersection of Humboldt Broncos bus crash

March 19, 2021 by The Canadian Press

REGINA — The Saskatchewan government has removed a stand of trees that was near the site of the deadly Humboldt Broncos bus crash three years ago. Sixteen people were killed and thirteen others injured when a semi-truck driver missed a