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Regulator allows Co-operators to use credit score for rating auto

February 9, 2021 by David Gambrill

Following in Aviva Canada’s footsteps, Co-operators General Insurance Company has received approval from the Nova Scotia auto insurance regulator to use credit scoring as a rating factor to help price auto insurance rates for private passenger vehicles. “The company proposed

News InsuranceLegislation / Regulation

Aviva to start using credit info as auto rating factor in this province

February 13, 2020 by Greg Meckbach

Aviva Insurance Company of Canada and Traders General Insurance Company have permission to use consumers’ credit information as an auto rating factor, the Nova Scotia Utility and Review Board announced Monday. Insurers are specifically prohibited from using credit information as

News AdjustersClaims CanadaInsuranceLegal

$2.2-million credit score class action settlement with The Personal approved

October 28, 2019 by Greg Meckbach

A $2.2 million settlement of a class-action privacy lawsuit against The Personal has been approved by a judge, plaintiffs’ law firm Waddell Phillips Professional Corporation announced Monday. The lawsuit arose after The Personal asked some auto claimants if it could

News InsuranceLegal

How much Ontario auto insurer might pay if it loses privacy class-action lawsuit

May 16, 2018 by Greg Meckbach

If Canada’s Federal Court were to rule against an Ontario auto insurer sued over allegedly obtaining credit scores of auto accident benefits claimants, the insurer might have to pay up to $10,000 a claimant. A class-action lawsuit was filed April