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July 30: Alberta Rate board orders 5% reduction in basic auto rates despite actuarial consultants recommending no change
    Basic auto insurance rates in Alberta will decrease by 5% effective Nov. 1.
    “This reduction is primarily the result of a projected decline in the number of bodily injury claims in the province this coming year,” Alberta Insurance Rate Board chairman Alfred Savage said in a prepared statement.
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July 29: Language problems when you have an auto claim in B.C.? You can talk to insurer in 170 plus languages
    Get in an auto accident in B.C. and don’t speak English too well when making a claim?
    Whether you normally speak one of the other major languages in the world or such lesser known ones as Hmong, Gujarati, Acholi, Wolof, Toishanese, Dinka, Chaochow or more than 165 others, ICBC has a translator at hand for you 24/7, 365 days a year.
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July 29: False insurance claims up in UK but fraudsters more likely than ever to get caught
    There was the man who claimed he had fractured his hand after falling over a pothole in the street when in fact he had sustained the injury after he punched a wall during a domestic dispute.
    The young woman who said she tripped over a loose pavement when her injuries were actually sustained from jumping down a flight of stairs while running away from security guards on suspicion of shoplifting.
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July 29: Deepwater Horizon explosion unsettles insurers but not a market changer -- Marsh
    The Gulf of Mexico oil rig explosion is an important event in the history of deepwater drilling and exploration insurance but not a market changer.
    In its latest Energy Market Monitor broker Marsh added the capacity currently is not an issue and insurers seem keen to maintain their commitment to the market.
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Break time
    Thompson’s annual summer publishing break is now upon us. Our next weekly print issue will appear Sept. 13. Our daily email news service will resume Sept. 7.
    Meanwhile our website will be updated with major stories as they occur.
    All of us here wish all of our readers a safe and happy summer season.
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