Auto
In a recent Insurance Institute for Highway Safety (IIHS) study examining the rates of driver deaths in collisions, Chevrolet models hold both the top spot for highest and lowest death rates.The lowest death rate among more than 200 vehicles is the Astro minivans 7 per million registered vehicle years (two vehicles registered for 12 months […]
By Canadian Underwriter | April 23, 2007
1 min read
ICBC is showing its Olympic spirit by joining a partnership to produce special, one-of-a-kind 2010 Winter Games Licence Plates.The plates will be available to B.C. drivers for purchase starting Apr. 16.”British Columbians are excited and proud to be hosting the 2010 Olympic and Paralympic Winter Games and these licence plates are one more way for […]
By Canadian Underwriter | April 11, 2007
2 min read
AIG Auto Insurance announced a pilot project for auto policyholders with teen drivers that would allow parents to equip their vehicles with a GPS device.AIG Teen GPS Program allows parents to determine the exact location of the teens car via the Web or any phone, explains an AIG release.Additionally, the AIG Teen GPS Program will […]
By Canadian Underwriter | April 10, 2007
Only 40% of current car models provide adequate protection from neck injury or whiplash, according to the Insurance Corporation of British Columbia (ICBC)s rear-crash protection ratings of 2007-model passenger cars.Seat/head restraint designs in 22 cars are rated good, but 59 other cars are rated marginal or poor.Tests were conducted by members of the International Insurance […]
By Canadian Underwriter | April 4, 2007
New Brunswick’s Cdn$2,500 cap on soft tissue and minor personal injuries has withstood its first court challenge, which happened in the trial division of the Court of Queen’s Bench of New Brunswick. In Rossignol v. Rubidge, Court of Queen’s Bench Justice David H. Russell considered a case in which a motorcycle driven by the plaintiff, […]
March 31, 2007
SGIs proposed auto insurance rebates for 2007 took centre stage during the provinces discussions about the budget recently.The Saskatchewan NDP government accused the provinces opposition finance critic, Saskatchewan Party MLA Ken Cheveldayoff, of advocating the use of Cdn$100 million in auto insurance rebates from Saskatchewan Government Insurance [SGI] for the purpose of balancing the provincial […]
By Canadian Underwriter | March 26, 2007
Manitoba Public Insurance (MPI) has lowered auto insurance rates for three-quarters of the provinces vehicle owners in 2007.In addition, it is offering a 10% rebate on premiums paid during the 2005-06 year.The rates taking effect today are 2.6% lower overall than rates in 2006-07, marking the eighth year out of the last nine in which […]
By Canadian Underwriter | March 2, 2007
There remains room for Ontario’s auto rates to be lowered to a more “reasonable” rate, Ontario Premier Dalton McGuinty has indicated to the media. “Given the system that we inherited, we knew that the price of car insurance was a real pocketbook issue for our families,” McGuinty was quoted as telling a CP reporter in […]
February 28, 2007
Ontario Premier Dalton McGuinty has been quoted in various daily newspapers recently as saying Ontarios auto rates are too high and can be lowered to a reasonable rate.”Given the system that we inherited, we knew that the price of car insurance was a real pocketbook issue for our families,” McGuinty is quoted as saying in […]
By Canadian Underwriter | February 19, 2007
According to the Saskatchewan radio station News Talk 650, Saskatchewan Government Insurance (SGI) disagrees with a recent study by the Fraser Institute.The study claims that drivers in British Columbia, Ontario, Saskatchewan and Manitoba pay more for auto insurance on average than drivers in other provinces.However, SGI establishes its findings by comparing similar vehicles driven between […]
By Canadian Underwriter | February 16, 2007
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