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DECLARATIONS
A lberta and Newfoundland & Labra- dor have joined Nova Scotia as the only Canadian provinces allowing
the use of electronic pink slips by drivers. The news from Alberta dropped right at press time. Drivers in the province are now allowed to show electronic proof of auto insurance (EPAI) to law enforce- ment officers. The move was announced Aug. 12 as part of the province’s “red tape
reduction” initiative.
In Alberta, insurance companies will
be responsible for creating and pro- viding applications for enabling digi- tal proof of insurance and the timeline
ASTEROID INSURANCE | JULY 30 A “city-killer” asteroid missed Earth by about 70,000 km, which is closer than the moon. Had it hit, it’s likely the damage would have been covered by a standard homeowners’ policy, which covers “falling objects.”
B Y J A S O N C O N T A N T , Online Editor for implementation will depend on the
insurer, the government announced. Consumers will be able to continue with the original option of the traditional pa- per-based system if they prefer.
“We are supportive of any changes that help make insurance easier and more accessible for Alberta’s 3-million driv- ers,” said Celyeste Power, vice president of Insurance Bureau of Canada (IBC)’s Western region. “Electronic commerce is available in most other sectors and much needed in the insurance sector. Already, many U.S. states and two other provinces allow digital proof of insurance and we
anticipate other provinces will follow.” News from Alberta followed an earli- er announcement from Newfoundland and Labrador, which approved the use
of EPAI in that province July 29. “Enabling the delivery of EPAI is a step towards allowing more innovation in the insurance industry and was one of the potential improvements to the automobile insurance system refer- enced in the Board of Commissioners of Public Utilities’ report to the provincial government in January 2019,” Superin- tendent of Insurance of Newfoundland and Labrador Renee Dyer wrote in a
ELECTRONIC PINK SLIPS
The next dominoes fall...
Alberta and Newfoundland & Labrador join the ranks of provinces that have approved electronic proof of insurance. Who’s next?
AUTO FRAUD BUST | JULY 26 Insurance Bureau of Canada helped police identify stolen high-end vehicles that were allegedly being prepared for shipment to China and EU countries. The total value of the vehicles recovered is $2.2 million.
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