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ICPB scores against car theft

Following extensive investigations, police in Quebec swooped in on a vehicle theft ring based in Victoriaville in July, seizing 56 cars valued at approximately $1.6 million. The Insurance Crime Prevention Bureau (ICPB) congratulated the authorities on the successful raid, noting that this is the second occasion vehicles have been seized on premises owned by Laurent […]

August 31, 2000

1 min read

Privatization war drums sound

Speaking at the Canadian Insurance Congress luncheon, George Anderson, president of the Insurance Bureau of Canada (IBC), announced that the IBC will be renewing its lobby campaign this year to overthrow the state-run monopoly position the Insurance Corporation of British Columbia (ICBC) holds over auto insurance in the province. The IBC has been pursuing an […]

June 30, 2000

1 min read

THE AIR OUT OF THE BAG

Airbags recovered from written-off vehicles will be used for collision repairs in British Columbia, likely before the end of the year, says a researcher at the province’s public insurance organization. The decision follows testing on salvaged airbags conducted by the Insurance Corporation of British Columbia (ICBC) which shows the bags are a safe alternative to […]

April 30, 2000

3 min read

After market parts litigation hits Canada

Insurance companies in Canada are feeling the impact of the late 1999 U.S. aftermarket parts class action trial that resulted in a $1.18 billion award against State Farm Insurance. The insurer was found to have failed to perform its obligation under contract with motorists and violated the terms of its policies by using non original […]

January 31, 2000

2 min read