Legal / Regulation
A Civil Resolution Tribunal in B.C. found the applicant's injuries to be minor
March 25, 2025
4 min read
Auto
ICBC also ordered to pay income replacement benefits, but not healthcare and rehab benefits.
March 24, 2025
3 min read
The debate about whether Ontario’s auto insurance regulator is letting carriers charge too much raises a separate but related question. What would happen if there was no pricing regulation at all? “If [Ontario auto insurance pricing] was an unregulated industry, would premiums be lower? I don’t know. Maybe,” said Fred Lazar, author of a recent […]
By Greg Meckbach | October 30, 2024
Hospitality was the sector hardest hit by the pandemic in Canada, but that industry was already challenged with access to capacity prior to both the pandemic and the current hard market, Deloitte said in a recent report. The impacts of the pandemic and hard market were not uniform across the economy, with certain industry sectors […]
By Jason Contant | August 16, 2022
TORONTO – DesRosiers Automotive Consultants says Canadian auto sales were down 16.2 per cent in July compared with a year earlier because of a shortage of available vehicles. The consultancy estimates 130,480 new light vehicles sold in the month as auto manufacturers continue to struggle with semiconductor supply chain issues. The volume was the smallest […]
By The Canadian Press | August 5, 2022
1 min read
TORONTO – DesRosiers Automotive Consultants says Canada produced just over 1.1 million light vehicles last year for the lowest level of production since 1967. The low production numbers, down from 1.4 million in 2020 and close to two million in 2019, came as the auto sector globally was hit by a shortage of semiconductor chips […]
By The Canadian Press | January 27, 2022
2 min read
Amendments to Alberta’s Standard Auto Policy Form No. 1 will enable direct compensation for property damage (DCPD) for certain kinds of automobile property damage claims, starting January 1, 2022. The amendments were approved by Alberta’s Superintendent of Insurance. Sharon Stefanyk, a partner at Field Law in Edmonton, explained this means “drivers who are not at-fault […]
By Phil Porado | December 13, 2021
TORONTO – To be an autoworker in Canada this year has meant living with a fair bit of uncertainty. “There’s no consistency,” said Mark Sciberras, president of the Unifor local branch at Ford Motor Co.’s Oakville, Ont. operations. “One week to the next, you don’t know if you’re working.” The Oakville plant, like so many […]
By Jason Contant | October 12, 2021
Intact Insurance could re-enter the British Columbia auto market but only if the provincial government provides “options and convenience” to motorists, says Intact Financial Corp. CEO Charles Brindamour. It has been eight months since Intact announced it is leaving the B.C. auto market, where a provincial Crown corporation has had a monopoly on mandatory minimum […]
By Greg Meckbach | August 9, 2021
Ontario motorists can expect to see more insurers offering telematics now that the province is allowing carriers to impose surcharges on risky drivers. “The bottom line is that insurance companies always want to find the right price for a risk and the prohibition in the past on surcharges [on usage-based auto insurance] prevented them from […]
By Greg Meckbach | March 30, 2021
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