Insights By

CARFAX Canada

CARFAX Canada, a subsidiary of S&P Global (NYSE: SPGI), provides comprehensive vehicle history, valuation, and service data analytics. With access to billions of records, it delivers trusted information to insurance professionals for accurate underwriting, claims processing, and fraud prevention, serving as an essential tool in automotive risk assessment.


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Dissecting VIN Fraud: Today’s Threat of Auto Fraud 

VIN fraud is evolving and reshaping auto theft tactics; more data access for insurers may help mitigate fraud.

By CARFAX Canada | September 22, 2025

3 min read

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Unlocking Profits: The Power of Vehicle History Data in Insurance

Leveraging Vehicle-Centric Data to Enhance Profitability As the post-pandemic world has begun to return to normal and drivers are back on the road, many insurers have seen a deterioration in claims performance, with the frequency and severity of loss ratios rising to pre-pandemic levels. In 2022, the national average loss ratio for private passenger automobiles […]

By CARFAX Canada | October 1, 2023

2 min read

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More Information, Better Decisions for Insurers

Did you know that in the U.S., 130 of the top 150 insurance carriers use CARFAX vehicle history data to improve underwriting and boost claims efficiency? In fact, CARFAX vehicle history data has proven to be highly correlated with loss ratios. Here are some of the most valuable data points for insurers: Odometer readings Based […]

By CARFAX Canada | October 20, 2020

3 min read