Auto
On the heels of publishing its claims study, Newfoundland’s Public Utilities Board (PUB) is asking for public input to a series of insurance hearings.The first hearings will deal with auto insurance, with the completion of the PUB’s study of closed auto claims. That study, published last week by Mercer Oliver Wyman, suggests there would be […]
By Canadian Underwriter | January 16, 2005
2 min read
In its annual list of the “top five” frauds, Manitoba Public Insurance (MPI) has given the dubious top honors for 2004 to the victim of an imaginary ca-jacking.A 24-year-old Winnipeg man filed a claim with the public auto insurer, saying that he had been car-jacked at gunpoint. When his vehicle was recovered days later with […]
By Canadian Underwriter | January 5, 2005
The Insurance Corp. of B.C. says two residents of the province have pleaded guilty to charges stemming from providing false information to the public auto insurer in two separate incidents. In the first case, Ahmad Reza Ahmadj of New Westminster, B.C. pled guilty to giving false information following a hit-and run accident in September, 2003. […]
December 31, 2004
1 min read
The Insurance Corp. of B.C. says two residents of the provinces have pleaded guilty to charges stemming from providing false information to the public auto insurer in two separate incidents.In the first case, Ahmad Reza Ahmadj of New Westminster, B.C. pled guilty to giving false information following a hit-and run accident in September, 2003. The […]
By Canadian Underwriter | December 22, 2004
Representatives of the collision repair industry recently met with the man in charge of reforming Ontario’s auto insurance rules to discuss proposals relating to bodyshops and tow trucks.Hamilton District Autobody Repair Association (HARA) executive director John Norris says he and Alex Szabo, president of the Collision Industry Standards Council of Ontario, and new car dealers […]
By Canadian Underwriter | December 21, 2004
Manitoba Public Insurance, the province’s government-run auto insurance plan, has been told to lower basic auto insurance rates by 1% for 2005 by the provincial Public Utilities Board (PUB), which regulates auto rates.As a result of the PUB decision, the average premium for a family passenger vehicle will fall about $8 to $768 when the […]
By Canadian Underwriter | December 6, 2004
The Insurance Brokers Association of Ontario (IBAO) has officially named David Hare its incoming president for the 2005 term, to take over at the beginning of the year. Hare is a brokerage veteran, having served Petley-Hare Ltd. in Ajax since 1971, where he became president in 1976. Vigil Locating Systems has named Michel Allard its […]
November 30, 2004
In what is surely a dubious distinction, California ranks as the top state for auto theft in 2003. According to the U.S. National Insurance Crime Bureau (NICB), six of the top ten worst metropolitan areas in terms of theft rates are in California. This includes the worst jurisdiction Modesto as well as Stockton-Lodi, Sacramento, Fresno, […]
By Canadian Underwriter | November 25, 2004
Human deaths due to vehicles colliding with animals on U.S. roads are on the rise, according to the Insurance Institute for Highway Safety (IIHS). The IIHS says in 2003, such fatalities rose 27%, to 201. This is almost double the average number of deaths seen in the mid-1990s. And most of these deaths were preventable, […]
By Canadian Underwriter | November 21, 2004
The Insurance Corporation of B.C. (ICBC) has just released Canadian results as part of an international study of seat and head restraints which shows that too many vehicles are rated poorly when it comes to this vital safety equipment. ICBC, as part of the International Insurance Whiplash Prevention Group (IIWPG), found in its study that […]
By Canadian Underwriter | November 15, 2004
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