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auto dealers

Carjacker with gun
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How new vehicle tech is changing the auto theft equation

December 11, 2023 Philip Porado

There’s a small upside to Canada’s current auto theft wave, industry sources have told Canadian Underwriter. Thieves’ adoption of technologies that can capture vehicle key fob signals means criminals no longer need to resort to violent methods like carjacking to

New vehicles at an auto dealership holding lot
News BrokersClaimsInsurance

Can car dealerships manage insurance risks from vehicle thefts?

November 27, 2023 Philip Porado

Car thefts began rising across Canada in 2020 during the COVID-19 pandemic and have been climbing ever since – fuelled by organized crime rings using new technologies to steal key fob codes and take vehicles while their owners are asleep.

News InsuranceLegalTechnology

Hyundai, Kia recall 1.4M vehicles; engines can fail

April 7, 2017 Tom Krisher - THE ASSOCIATED PRESS

DETROIT – Hyundai and Kia are recalling 1.4 million cars and SUVs in the U.S., Canada and South Korea because the engines can fail and stall, increasing the risk of a crash. The recall covers some of the Korean automakers’

News InsuranceLegislation / RegulationMergers and Aqcuisitions

Manitoba amends regulations to allow auto dealers to offer guaranteed asset protection insurance

December 22, 2016 by Canadian Underwriter

Manitoba Finance announced on Thursday that it has amended regulations to allow provincial auto dealers to provide guaranteed asset protection (GAP) insurance. Finance Minister Cameron Friesen announced the changes, saying that they will provide “more insurance options and better protection