Keyword
auto insurance
What Ontario needs to do to reduce auto insurance costs
March 20, 2018 by Greg MeckbachIf Ontario motorists want lower insurance rates, the government will have to take a harder line on distracted driving, a former Ontario civil servant said Monday. Fraud in the collision repair industry and distracted driving are among the issues that…
‘No indication’ of where Ontario premier hopeful Ford stands on auto insurance
March 20, 2018 by Greg MeckbachWith an Ontario election scheduled in three months, there is no telling what – if anything – a new government would do with the auto insurance file. If the Ontario election were held today, the new premier could very well…
The Proof is in The Digital Wallet
March 16, 2018 Michael Spiar, Broker Relations & Communications Specialist, Centre for Study of Insurance Operations (CSIO)An industry-wide solution for electronic delivery of insurance policy documents, including proof of auto insurance insurance (eSlips), has arrived in Canada. The Centre for Study of Insurance Operations (CSIO) in February launched My Proof of Insurance, an industry solution enabling…
No push from brokers to end B.C. government monopoly on auto insurance
March 7, 2018 Greg Meckbach, Associate EditorDespite the fact that British Columbia’s government monopoly auto insurer lost almost $1 billion in the first nine months of last year alone, brokers in the province are not seeing a push from motorists to open the market to competition.…
B.C. to introduce auto insurance pay out limits next year
February 6, 2018 The Canadian PressVICTORIA – The British Columbia government will implement a $5,500 cap on pain and suffering for pay-outs to vehicle accident victims in a move to save $1 billion a year for the province’s public auto insurer. Attorney General David Eby…
Excluded drivers can still claim accident benefits, court rules
February 5, 2018 Greg Meckbach, Associate EditorDrivers excluded from coverage on their own policies can still claim accident benefits on the policies of other drivers, as long as they weren’t driving the vehicles from which they were excluded coverage, the Court of Appeal for Ontario ruled…
Cap on minor injury auto awards could be coming to B.C.
February 1, 2018 by Greg MeckbachBritish Columbia’s government is considering caps on awards, in auto insurance personal injury lawsuits, for pain and suffering for minor injuries, the province’s attorney general told Canadian Underwriter Tuesday. With a cap on minor injury claims, Insurance Corporation of B.C.…
Nova Scotia court dismisses auto liability case — after an 18-year delay
January 22, 2018 by David GambrillWould you be prepared to wait almost two decades to defend your insured policyholder in an uncomplicated auto liability case? One insurer stuck it out for 18 years until finally, on Jan. 19, 2018, the Supreme Court of Nova Scotia…
Ontario auto insurance rates increased in last quarter of 2017
January 12, 2018 Allison Jones - THE CANADIAN PRESSTORONTO – Auto insurance rates in Ontario increased in the last quarter of 2017, putting the Liberal government further away from its promise to cut rates by 15 per cent. Fourth quarter numbers released today by the Financial Services Commission…
2018 Outlook: David Levinson, President, Chief Agent, Zurich Canada
December 29, 2017 David LevinsonAs 2018 begins, capital remains at the forefront in Canada. An active hurricane season in the United States will cause insurance carriers to look at their own exposures here in Canada, including earthquakes, fires, and floods. This may cause property…
Canadians show disconnect on distracted driving
December 29, 2017 by David GambrillDistracted driving is getting worse, Canadians say, even as the laws are tightening and public education campaigns are in full gear. More than four out of five Canadians (83%) believe texting while driving is a bigger problem today than it…
Province looks for ways to keep track of uninsured drivers
December 18, 2017 by Canadian UnderwriterNewfoundland is looking for a way to keep better track of uninsured drivers, including an option that would see licence plates following owners. “The government is evaluating the feasibility of reconfiguring the Motor Registration Division’s computer system for this purpose,”…