Keyword
auto repair
What will drive collision repair delays in 2023?
January 5, 2023 by Alyssa DiSabatinoDelays in collision repair services, which started in 2021 and continued into 2022, will not stop anytime soon due to an ongoing repair technician labour shortage in Canada and the U.S., a consulting firm reported in a recent whitepaper. “From…
Insurers monitor battle within auto industry over car data ownership
May 30, 2021 by Adam MalikThe outcome of a current standoff between auto manufacturers and the automotive aftermarket industry over who owns the data generated by automated cars will have implications for the insurance industry, according to an insurance executive. “If the data is owned…
Numbers don’t show that safety technology leads to lower repair costs
February 25, 2018 by Jason ContantIt’s a common thing to hear in Canada’s P&C insurance industry: Although auto repair costs will increase in the short term because of advanced safety technologies installed in today’s vehicles, over the long haul, the frequency of incidents should decrease…
Why it costs more to fix your insured’s car (Hint: it’s not just the gadgets)
February 20, 2018 by Jason ContantAddressing the entire vehicle safety system after an auto collision, and not just one component like a sensor, may be contributing to longer auto repair times and higher costs for insurers, Mitchell International said Thursday. Jerry Gastineau, content manager with…
“No question” that Aviva Canada plans to hike auto rates: CEO
February 20, 2018 Greg Meckbach, Associate EditorThere is “no question” that Canada’s second-largest insurer, Aviva Canada, is contemplating country-wide rate increases in personal auto, Greg Somerville, the company’s president and CEO, told Canadian Underwriter Thursday. The cost of repairing vehicles with advanced technologies is one factor…
Safety gadgets driving up insurers’ auto repair costs
January 8, 2018 by David GambrillSafety gadgets mounted on today’s slick new vehicles are creating headaches for insurers when it comes to the severity of auto insurance physical damage claims. Why? Because it costs more to repair them when they are damaged in collisions. Mitchell…