OTA seeks overhaul of Facility Association insurance access

The Ontario Trucking Association (OTA) is developing a proposal to reform how commercial carriers access Facility Association (FA) insurance, aiming to limit long-term reliance on the system and address what…

OTA presses Ontario to rein in Facility Association misuse

The Ontario Trucking Association (OTA) is calling on the provincial government to tighten oversight of the Facility Association, warning the insurer-of-last-resort system is being misused by high-risk carriers and putting…

How Facility Association managed trucking oversubscriptions

Ontario’s 2023 changes making direct compensation for property damage coverage (DCPD) optional meant Facility Association (FA) “unwillingly [became] the underpriced market of choice for longhaul trucks carrying only liability and accident benefits,”…

Facility Association insurance rates jump 28% in Alberta, the ‘epicenter’ of FA commercial vehicle growth

Alberta trucking fleets insured through the industry’s insurer of last resort are facing a steep rate increase that reflects deeper challenges in the province’s commercial auto insurance system. Facility Association…

Facility Association introduces telematics, surcharges, tightens insurance oversight

Facility Association (FA) — an insurer of last resort — is introducing several changes including a telematics program to help Alberta fleets and owner-operators; new efforts to keep closer tabs…

Facility Association introducing new insurance surcharges for U.S. exposure

Facility Association, an insurer of last resort, is introducing higher surcharges for trucking companies and owner-operators who travel through specific U.S. states. A current surcharge is set at 1% per…

FA-insured Alberta truck fleets could slash premiums with telematics

Alberta fleets and owner-operators insured by Facility Association (FA) will have a chance to cut their insurance premiums by up to 8% — if they accept video-based telematics devices in…

Facility Association reducing its insurance deductibles

Facility Association has announced a reduction in deductibles for the trucking industry. In her remarks at Facility Association’s recent annual general meeting, FA’s president and CEO Saskia Matheson said the…

Facility Association updates truck insurance rules

TORONTO, Ont. – Facility Association – established as an insurer of last resort — has revamped its rating and commercial underwriting rules, making it harder for trucking companies to misrepresent…

Ontario MPP questions truck insurance costs

TORONTO, Ont. – An Ontario MPP is questioning the insurance premiums that small businesses and owner-operators are forced to pay if they want to hire truck drivers with limited experience…

UPDATED: Truck insurance review underway

The Ontario Trucking Association (OTA) believes some fleets may be misrepresenting themselves when applying for Facility Association insurance. TORONTO, Ont. — A national review by Facility Association – an insurer…