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How IBC proposes fighting insurance fraud in the trucking sector

How IBC proposes fighting insurance fraud in the trucking sector

by Canadian Underwriter | Jun 1, 2021 | Insurance Fraud, Recent Articles

June 1, 2021 – Provincial governments should implement a database to verify the validity of a trucking carrier’s insurance as one way of helping to identify fraud in the sector, Insurance Bureau of Canada (IBC) is recommending. At the time of policy renewals,...
Insurance fraud a growing issue in Canada

Insurance fraud a growing issue in Canada

by staff | May 7, 2021 | Featured, Insurance Fraud, Recent Articles

May 7, 2021 – Haley Dawn Stoddard, 50, filed for her second bankruptcy on September 22, 2017. She had previously filed for bankruptcy in 2006. According to court documents, of her total $58,499 in declared total debt, $32,000 was Employment Insurance (EI)...
Judge sounds off on tow truck turf wars and insurance fraud

Judge sounds off on tow truck turf wars and insurance fraud

by Toronto Sun | Apr 26, 2021 | Insurance Fraud, Recent Articles

April 26, 2021 – An Ontario judge has sounded a warning over the wild west of tow truck wars in one of the first court cases stemming from last year’s police crackdown. Justice David Rose has called for the government to step in. “The fake car accident industry...
Ontario judge urges legislature to deal with insurance fraud

Ontario judge urges legislature to deal with insurance fraud

by Canadian Underwriter | Apr 23, 2021 | Insurance Fraud, Recent Articles

April 23, 2021 – An Ontario judge has taken the rare approach in a sentencing decision to urge the provincial government to take steps to prevent future instances of insurance fraud. Ontario Court Justice David S. Rose made the obitur remarks in his written...
Toronto mom spent her severance pay on car insurance, but ended up uninsured

Toronto mom spent her severance pay on car insurance, but ended up uninsured

by CBC News | Apr 5, 2021 | Insurance Fraud, Recent Articles

April 5, 2021 – Yasmine Sharaf thought she had scored a great deal on car insurance. The 48-year-old Toronto mother of three needed a lucky break; she had been laid off from her job as a business analyst last summer due to the COVID-19 pandemic...
How IBC proposes fighting insurance fraud in the trucking sector

COVID’s impact on insurance fraud

by Canadian Underwriter | Mar 26, 2021 | Insurance Fraud, Recent Articles

March 26, 2021 – Fraudsters are taking advantage of anxieties arising from the COVID-19 pandemic to exploit victims in the Canadian P&C insurance space in novel ways, speakers said during a fraud webinar Wednesday. For example, some body shops are charging...
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