Keyword
auto dealers
How new vehicle tech is changing the auto theft equation
December 11, 2023 Philip PoradoThere’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…
Can car dealerships manage insurance risks from vehicle thefts?
November 27, 2023 Philip PoradoCar 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.…
Hyundai, Kia recall 1.4M vehicles; engines can fail
April 7, 2017 Tom Krisher - THE ASSOCIATED PRESSDETROIT – 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’…
Manitoba amends regulations to allow auto dealers to offer guaranteed asset protection insurance
December 22, 2016 by Canadian UnderwriterManitoba 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…