ÉQUITÉ ASSOCIATION


Associated tags: Law enforcement, Insurance, Intelligence, P&C, Crime, Cryptocurrency, Theft, Fraud

Locations: TORONTO, QUEBEC, ONTARIO, HONDA, CANADA

Équité Association Commends the Government of Canada for its $15 Million Investment Towards Combating Auto Theft

Retrieved on: 
Wednesday, February 21, 2024

TORONTO, Feb. 21, 2024 /CNW/ - Today, the federal government announced that it is investing $15 million to support various law enforcement agencies and partners in their work to combat auto theft in Canada.

Key Points: 
  • TORONTO, Feb. 21, 2024 /CNW/ - Today, the federal government announced that it is investing $15 million to support various law enforcement agencies and partners in their work to combat auto theft in Canada.
  • In response to today's announcement, Terri O'Brien, President and CEO of Équité Association offered the following statement of support:
    "Équité Association would like to commend the Government of Canada for its continued investment in combatting Canada's auto theft crisis.
  • This additional support for both domestic and international law enforcement agencies and partners is a significant piece of an overall action plan being developed by the federal government to combat auto theft in Canada.
  • - Terri O'Brien, President & Chief Executive Officer, Équité Association

Équité Association's 2023 Auto Theft Trend Report Shows a Continuation of Canada's Auto Theft Crisis

Retrieved on: 
Tuesday, February 6, 2024

TORONTO, Feb. 6, 2024 /CNW/ - Équité Association has released its 2023 Auto Theft Trend Report, which illustrates the continuation of the national auto theft crisis, following a historically high year in 2022.

Key Points: 
  • TORONTO, Feb. 6, 2024 /CNW/ - Équité Association has released its 2023 Auto Theft Trend Report, which illustrates the continuation of the national auto theft crisis, following a historically high year in 2022.
  • "These trends show that the national auto theft crisis is continuing," says Terri O'Brien, President and CEO of Équité Association.
  • Auto theft in Canada continues to be viewed as a low-risk/high-reward opportunity for criminals, regardless if the vehicles are for export or domestic resale.
  • Équité Association is honoured to be presenting at the summit to support the collaborative efforts of all stakeholders and to make a meaningful impact on the auto theft crisis in Canada.

Équité Association Commends the Government of Canada for its $121M Investment in Preventing Crime and Auto Theft in Ontario

Retrieved on: 
Wednesday, January 31, 2024

This is a significant investment in the fight against auto theft, which has increased in Ontario by 48.3% since 2021.

Key Points: 
  • This is a significant investment in the fight against auto theft, which has increased in Ontario by 48.3% since 2021.
  • Équité Association applauds this collaborative effort between the Federal and Ontario governments to combat this serious and organized crime, ensuring the safety of communities across the province.
  • In response, Terri O'Brien, President and CEO of Équité Association offered the following statement of support:
    "Équité Association would like to commend the Federal government for this meaningful investment in the fight against organized crime and auto theft in Ontario.
  • This sizeable investment is a vital step towards diminishing auto theft in Ontario.

Équité Association Applauds the Government of Canada's forthcoming National Summit on Combatting Auto Theft

Retrieved on: 
Monday, January 22, 2024

The Summit will include leaders from key jurisdictions and industry sectors collaborating to identify actions to combat auto theft and strengthen current initiatives.

Key Points: 
  • The Summit will include leaders from key jurisdictions and industry sectors collaborating to identify actions to combat auto theft and strengthen current initiatives.
  • As Canada's authority on insurance fraud and crime, Équité Association, applauds this collaborative effort to combat serious and organized crime and ensure the safety of communities across Canada.
  • In response, Terri O'Brien, President and CEO of Équité Association offered the following statement of support:
    "On behalf of our members, Équité Association extends its thanks to the Federal Government and the Department of Public Safety for leading the efforts on convening the National Summit on Combatting Auto Theft.
  • Study found more than 80% of Canadians say they are concerned about community safety due to the auto theft crisis.

Is your car on a thief's shopping list? Équité Association's Annual Top 10 Most Stolen Vehicles Now Available

Retrieved on: 
Tuesday, November 14, 2023

The #1 most stolen vehicle in Canada of 2022 was the Honda CR-V, for the second year in a row.

Key Points: 
  • The #1 most stolen vehicle in Canada of 2022 was the Honda CR-V, for the second year in a row.
  • Vehicles are being stolen by both domestic and international criminal organizations, with proceeds funding domestic drug trafficking, and international terrorism.
  • "The auto theft problem in our country is only getting worse," said Bryan Gast, VP, Investigative Services at Équité Association.
  • However, always verify with the vehicle's manufacturer to ensure that any enhancements do not void the manufacturer's warranty.

Équité Association Announces Groundbreaking National Insurance Crime Detection Platform - ÉQ Insights

Retrieved on: 
Tuesday, October 24, 2023

TORONTO, Oct. 24, 2023 /CNW/ - Équité Association announces the launch of ÉQ Insights.

Key Points: 
  • TORONTO, Oct. 24, 2023 /CNW/ - Équité Association announces the launch of ÉQ Insights.
  • This groundbreaking, consortium-based approach uses predictive analytics and machine learning to detect and prevent insurance crime.
  • Criminals are exploiting newer technologies to commit insurance crime, which is estimated to cost Canadians upwards of $3-5 billion annually.
  • Investments in leading-edge technology and data-driven insights are giving Équité and its members the upper hand in the fight against insurance crime.

Survey finds majority of Canadians feel unsafe in their communities as the auto theft crisis continues to accelerate in the first half of 2023

Retrieved on: 
Tuesday, October 10, 2023

Furthermore, according to a recent survey, the continued rise in auto theft is having a significant impact on Canadians' sense of safety.

Key Points: 
  • Furthermore, according to a recent survey, the continued rise in auto theft is having a significant impact on Canadians' sense of safety.
  • "Canadians expect to see a collaborative approach to combatting this crisis," said Bryan Gast, VP of Investigative Services at Équité Association.
  • "There is however more that can be done to address the auto theft crisis in the short-term.
  • Équité Association's First Half of 2023 Auto Theft Trend Report is now available online.

Criminals taking advantage of Canada's outdated motor vehicle safety regulations causing a drastic increase in auto theft

Retrieved on: 
Tuesday, August 29, 2023

The current theft prevention standards included in Canada's Federal Motor Vehicle Safety Regulations are outdated.

Key Points: 
  • The current theft prevention standards included in Canada's Federal Motor Vehicle Safety Regulations are outdated.
  • However, as vehicles have evolved to include new innovations and technology, these outdated regulations require modernization to include the latest anti-theft technologies as well.
  • "Criminals are now taking advantage of the outdated standards.
  • Canadians deserve protection from the organized crime syndicates who are behind this drastic increase in auto theft, and the reassurance in knowing that their vehicle is not at risk due to outdated standards."

VEHICLE THEFT REACHES A CRISIS LEVEL AS CANADA BECOMES A SOURCE NATION FOR ILLEGAL TRADE

Retrieved on: 
Tuesday, June 6, 2023

TORONTO, June 6, 2023 /CNW/ Today, Équité Association released its 2022 Vehicle Theft Trend Report, and the numbers are staggering.

Key Points: 
  • TORONTO, June 6, 2023 /CNW/ Today, Équité Association released its 2022 Vehicle Theft Trend Report, and the numbers are staggering.
  • Illegal profit margins are very high and the risk of prosecution is considerably low.
  • "There is no doubt that vehicle theft has reached a national crisis in this country," said Terri O'Brien, President & CEO of Équité Association.
  • These crimes hurt our communities, and puts Canada in the spotlight internationally as a source country for illegal trade."

This Fraud Prevention Month, Équité Association Reminds Consumers of the Devastating Human Cost of Insurance Crime

Retrieved on: 
Wednesday, March 1, 2023

TORONTO, March 1, 2023 /CNW/ - March is Fraud Prevention Month and Équité Association and its member insurers are reminding Canadians that insurance crime always has a victim.

Key Points: 
  • TORONTO, March 1, 2023 /CNW/ - March is Fraud Prevention Month and Équité Association and its member insurers are reminding Canadians that insurance crime always has a victim.
  • From auto theft to staged accidents, insurance crime has very real and devastating financial, physical and emotional consequences.
  • Fraud Prevention Month is a month-long crime prevention initiative in Canada, aimed at educating and informing consumers and communities on how to recognize, report, and stop fraud.
  • If you or someone you know has been the victim of insurance crime, fraud, or auto theft, you are not alone.