AI Outperforms Humans in Identifying Strokes

Posted Posted in Disability Insurers, Employers, Lawyers, MVA Insurers

May 26, 2023 from Medscape   A new study demonstrates that an artificial intelligence (AI) technology outperforms human call takers in identifying stroke victims from calls to the emergency services.   The AI model had a greater positive predictive value—a measure of the percentage of anticipated positive cases that are actually positive—than the human phone […]

How Self-Driving Cars will Revolutionize the Industry

Posted Posted in MVA Insurers

April 17, 2023 from RATESDOTCA   Self-driving cars have been making headlines in recent years, promising a future of safer and more efficient transportation. But beyond the obvious benefits for drivers, what impact will autonomous vehicles have on the auto insurance industry in Canada?   Driver Liability vs. Product Liability   According to a report […]

Top 5 Auto Fraud Claims of 2022

Posted Posted in MVA Insurers

March 21, 2023 from Canadian Underwriter In March 2023, Saskatchewan Government Insurance (SGI) released its list of the Top 5 most odd and unusual attempted insurance fraud claims. The public auto insurer’s special investigation unit busted hundreds of fraudulent claims in 2022, which resulted in $5.8 million in savings. The top 5 fraudulent auto claims […]

Ontarians Risk Distracted Driving Despite Knowing the Danger

Posted Posted in MVA Insurers

March 23, 2023 from Insurance Business   A recent survey conducted by RATESDOTCA in Ontario found discrepancies between thought and action with regard to safe driving practices.   57% of respondents considered distracted driving the “greatest threat to road safety”, ironically 24% still engaged in distracted driving behaviours. The most common distractors were non-electronic behaviours. […]

Alberta has highest annual car insurance premiums

Posted Posted in MVA Insurers

January 11, 2023 from Daily Hive   According to a report released by HelloSafe Canada, drivers in Alberta paid the highest annual car insurance premiums in Canada in 2023. The top four of the five cities where drives faced the highest annual car insurance premiums were Calgary ($3,182), Edmonton ($3,150), Red Deer ($2,971), and Grande […]