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Nova Scotia announces changes to auto insurance rules for minor accidents

Nova Scotia’s Department of Finance of Treasury Board announced on Tuesday changes to auto insurance rules that “will help some drivers keep their insurance premiums stable and create consistency in the marketplace.” According to Finance and Treasury Board Minister Randy Delorey, some drivers were not getting an opportunity to control their insurance premiums because of […]

By Canadian Underwriter | March 9, 2016

1 min read

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Toyota adds 331,000 cars to Takata air bag recalls

DETROIT – Toyota is adding 331,000 cars worldwide to an existing recall of passenger air bags made by Japanese supplier Takata Corp. The new recall includes the 2008 Corolla and Corolla Matrix sedans and the 2008-2010 Lexus SC430 convertible. Almost 200,000 of the cars are in the U.S. Toyota previously recalled the same vehicles from […]

By Canadian Underwriter | March 2, 2016

1 min read

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Ontario Retirement Pension Plan deductions start for large employers in 2018

The organization administering a new mandatory pension plan for Ontario employees will start collecting contributions in 2018, the ruling Liberals confirmed Thursday in their 2016-17 budget document. Finance Minister Charles Sousa first announced the Ontario Retirement Pension Plan (ORPP) two years ago, when he delivered the 2014-15 budget. “The government is on track to ensure […]

By Canadian Underwriter | February 26, 2016

3 min read

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Automakers to recall 5M vehicles for another air bag problem

DETROIT – Another problem has developed with automotive air bags, this one resulting in recalls of up to 5 million vehicles worldwide. Continental Automotive Systems says in documents filed with the U.S. government that moisture can get inside its air bag control computers, causing the power supplies to corrode and fail. If that happens, air […]

By Canadian Underwriter | February 4, 2016

3 min read

Cornerstone Insurance Brokers purchases KPL Insurance-Rates

Multi-line Ontario brokerage Cornerstone Insurance Brokers Ltd. announced earlier this week that it has purchased KPL Insurance-Rates Inc. Woodbridge, Ont.-based Cornerstone said in a press release on Tuesday that the transaction, which closed end of business day on Jan. 29, “brings together two exceptional brokerages. Cornerstone Insurance Brokers will be providing the KPL client-base with […]

2 min read

InsureMy pilot program geared at shedding light on new driver performance, promoting coaching opportunities

Calgary-based InsureMy Ltd. is piloting its New Drivers Intelligence (NDI) program – expected to roll out across Alberta and Ontario in early 2016 – geared at exploring young driver performance and providing the information they and their parents need to improve driving skills. With the NDI program, the full service insurance brokerage firm announced Tuesday […]

2 min read

U.S. gov’t: 10th death linked to exploding Takata air bags

WASHINGTON – Government officials say a Ford pickup driver killed last month in South Carolina is the 9th person to die in the U.S. and the 10th worldwide caused by defective Takata air bag inflators that explode, firing off shrapnel-like shards. National Highway Traffic Safety Administration officials announced the conclusion on Friday. They say they […]

1 min read

U.S. government proposes US$4 billion investment in connected vehicle systems over 10 years

The United States government is proposing nearly US$4 billion over 10 years for pilot programs to test connected vehicle systems in designated corridors throughout the country. U.S. Transportation Secretary Anthony Foxx said in a statement on Thursday that the investment would “accelerate the development and adoption of safe vehicle automation through real-world pilot projects.” “We […]

2 min read

U.S. safety regulators: Only Jeep radios were vulnerable to hackers, recall fixed the problem

DETROIT – U.S. safety regulators have determined that only Fiat Chrysler radios have a security flaw that allowed friendly hackers to take control of a Jeep last year. The National Highway Traffic Safety Administration said in documents posted online Saturday that it’s ending a five-month investigation into the vulnerabilities of automotive radios. The agency also […]

2 min read

City of Edmonton seeks feedback on fares charged by taxis, vehicle for hire industry

The City of Edmonton is seeking input on how taxis and private transportation companies, such as Uber, could charge fares under the proposed new Vehicle for Hire Bylaw. The City of Edmonton said in a press release this week that the input will help ensure a fair system for both industry and the public. Feedback […]

2 min read