Category: Auto & Trucking

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Pink slip fraud on the rise

RIBO says there has been an increase in the number of pink slip frauds reported by member brokers

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Vehicle theft over the holidays

Once again, New Year’s Day was the leading holiday for reported vehicle thefts in 2010, according to an analysis ny NICB

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Myths and facts about senior drivers: Part 2

Myth: Seniors driving in familiar and well known areas are safe drive.

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Canada’s top 10 stolen vehicles of 2011

2009 Toyota Venza replaces the 2000 Honda Civic SiR as the most frequently stolen vehicle in Canada

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Low-income drivers charged more for auto insurance, says Ontario NDP

“Two people buy the same product but the person living in a modest income, high immigrant area pays twice as much. We wouldn’t accept this in any other business,” said the NDP’s Consumer Affairs Critic Jagmeet Singh

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FedEx sets record for most packages shipped in one day

FedEx estimates that more than 260 million shipments will pass through its global network between the end of November and Christmas

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Aviva Canada, Hagerty Canada introduce antique car plan

Hagerty Silver Wheel Plan to debut in January 2012

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Myths and facts about senior drivers: Part 1

Myth: For senior drivers, driving in rural areas is safer than in urban areas.

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Keep your car, take your keys

Nearly 20 percent of stolen vehicles in Regina this year had the keys left in them

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New technology prevents car brakes from rusting

On average, brake rotors need maintenance every 64,000 kilometers. GM feels their system will double that, which means nearly 130,000 kilometers of good looking wheels.

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“Too many people are using the auto insurance system as a profit-making opportunity,” says IBC

IBC reacts to Auditor General of Ontario’s report

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High injury claims costs make auto insurance in Ontario priciest in Canada, says Auditor General

Auditor General’s 2011 Annual Report says Ontario does not have significant measures in place to combat insurance fraud

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MPI told to reduce auto insurance premiums by 8 percent

Manitoba’s Public Utilities Board says eight percent decrease would “instll some fiscal discipline in MPI’s operations”

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B.C. making big profit on drivers’ licenses, says auditor

Auditor John Doyle says the province makes a 650 percent profit every time a driver’s license is renewed in the province

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ICBC submits rate application with utilities commission

The insurer said the increase will raise the average premium from its current $1,277 per year to $1,304

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ICBC basic rate hike piles costs on families: Canadian Taxpayers Federation

“We want to see the government introduce legislative changes to allow competition in basic auto insurance.” Jordan Bateman, Canadian Taxpayers Federation

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ICBC sheds millions as claims rise, economy plummets; rates to rise

Bruce Cran, president of the Consumers Association of Canada, said drivers should be furious because the provincial government has siphoned off more than $700 million from ICBC over the past two years and dumped the money into general revenue

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An open letter from ICBC President and CEO Jon Schubert to insurance customers

ICBC President and CEO Jon Schubert has written an open letter to BC insureds in regards to the company’s Q3 results and their impact on rates

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Rates to rise as claims costs, lower investment returns affect ICBC’s Q3 results

While ICBC will be filing for an increase to its basic insurance rates, it will also drop its optional rates in 2012

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