Auto
There 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 driving up claims costs, Somerville said. Another major factor is distracted driving. Aviva’s plans confirm […]
By Greg Meckbach | February 20, 2018
2 min read
Ontario’s call for standard treatment plans in auto accident benefits might well do the opposite of what was intended — increase claims disputes and provide no benefit to insurers, personal injury lawyers say. In his Fair Auto Insurance Plan, released Dec. 5, Ontario Finance Minister Charles Sousa “basically put out a bunch of bullet points,” […]
By Canadian Underwriter | December 15, 2017
Ontario’s new system of independent medical exam centres for auto accident benefits claims, announced Tuesday, will need to be different from the designated assessment centres (DACs) that were abolished in 2006, a former DAC committee chair told Canadian Underwriter Wednesday. In an effort to reduce accident benefits disputes, Ontario Finance Minister Charles Sousa said Tuesday […]
By Jason Contant | December 7, 2017
TORONTO – The number of new cars and light trucks sold in Canada last month dipped lower compared with a year ago, according to sales figures compiled by DesRosiers Automotive Consultants. Total light vehicle sales fell 1.2 per cent to 158,653 in November compared with 160,573 in the same month of 2016. The move lower […]
By Jason Contant | December 4, 2017
1 min read
MONTREAL – Quebec will reportedly bring forward the mandatory date by which winter tires must be put on all vehicles in the province and also increase fines for those who don’t follow the rules. It remains the only Canadian jurisdiction that requires drivers to have winter tires by law – between Dec. 15 and March […]
By Jason Contant | December 1, 2017
3 min read
The upcoming legalization of marijuana will have a “resultant effect upon the accident benefits and damages recovered by those involved in motor vehicle accidents,” one lawyer suggested to Canadian Underwriter on Thursday. In Ontario, entitlement to income replacement benefits, non-earner benefits and other expenses are excluded under Section 4.4 of the Ontario Automobile Policy where […]
By Jason Contant | November 17, 2017
Nearly 80,000 loans have been processed for Manitobans taking advantage of the province’s low interest winter tire program, the province’s minister of crown services and Manitoba Public Insurance (MPI) has announced. “Response by vehicle owners continues to be very positive and well-received,” said Cliff Cullen, the provincial Minister of Crown Services, in a press release […]
By Canadian Underwriter | November 10, 2017
RICHMOND HILL, Ont. – DesRosiers Automotive Consultants says annual vehicle sales are easily on track to cruise past two million for the first time after another record-setting month. The consulting firm says October sales hit about 164,200 vehicles for a 6.3 per cent increase from the same month last year. October’s numbers brought total sales […]
By Jason Contant | November 3, 2017
OTTAWA – The Canadian economy hit reverse in August, its first monthly pullback since October last year. “The amazing run of amazing Canadian economic data is officially over, with growth coming back to reality in a hurry,” Bank of Montreal chief economist Doug Porter wrote in a note to clients. Statistics Canada said Tuesday real […]
By Jason Contant | October 31, 2017
Addressing the problems of both Ontario’s auto insurance and workers compensation systems calls for packages of care that work for most injured people and not for cash settlements, the former chief executive officer of the Workplace Safety Insurance Board suggested to Ontario brokers Wednesday. In Conversation with David Marshall was one of Wednesday’s topics at […]
By Jason Contant | October 25, 2017
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