Hertz to pay $168M to settle over 95 per cent of wrongful theft, report claims

Hertz Global Holdings Inc said on Monday it will pay about $168 million by year-end to resolve over 95 per cent of pending claims from owners who alleged the car rental giant filed wrongful theft reports.

Some customers had sued Hertz alleging the police detained or arrested individuals in error after the company reported rental cars were stolen.

Hertz, which operates Hertz, Dollar and Thrifty vehicle rental brands, said it will recover a "meaningful" portion of the settlement amount from its insurers. The settlement resolves 364 pending claims from car owners.

Hertz said it does not expect the resolution of these claims to have a material impact on its capital return plans for this and next year.

The company in October reported a 12% jump in third-quarter revenue, amid strong demand for rental cars. Profit, however, rose just 1% on elevated maintenance costs.

CTVNews.ca Top Stories

Air quality advisories issued in 5 provinces, 1 territory

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opinion

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'Oh my God, you're my brother': Man in his 70s discovers 6 unknown siblings

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U.S. schools turn to artificial intelligence to spot guns as companies press lawmakers for state funds

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DEVELOPING

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Canada

Trial of Winnipeg serial killer expected to hear more testimony from police

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McGill to ask for injunction to dismantle pro-Palestinian encampment

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Ottawa pizzeria places among top 20 deep-dish pizzas in the world at international competition

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Wildfire near Fort McMurray more than triples overnight, several evacuation alerts remain in place

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World

Flash floods and cold lava flow hit Indonesia's Sumatra island. At least 37 people were killed

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Misery deepens in Gaza's Rafah as Israeli troops press operation

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DEVELOPING
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U.S. aims to stay ahead of China in using AI to fly fighter jets, navigate without GPS and more

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Pro-Palestinian protests dwindle on campuses as some U.S. college graduations marked by defiant acts

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India's mammoth election is more than halfway done as millions begin voting in fourth round

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Politics

Criminal trial of Freedom Convoy organizer Pat King begins today

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Foreign Affairs Minister Melanie Joly plans trip to Middle East, Mediterranean

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Feds 'committed to doing more,' but minister offers no timeline for Canadian Disability Benefit boost

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Health

Rates of cancer declining in Canada, but more work needed to save lives: projections

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Here's what 'the hinge' move is, how to do it correctly

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Cannabis, armchairs and adapters: Here are the recalls for this week

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Sci-Tech

Trudeau points to fire fight, says Meta news ban degrades safety as it makes billions

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Swarm of 20,000 bees gather around woman’s car west of Toronto

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'I may have some nightmares:' Man survives being bitten by 2 sharks in Bahamas

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Entertainment

Chris Hadfield inspires youth musical in Sudbury

YES Theatre Young Company opened its acclaimed kids’ show, One Small Step, at Sudbury Theatre Centre on Saturday.
Matthew Rankin proud to represent Winnipeg's 'anti-mainstream' film scene at Cannes

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Swiss fans get ready to welcome Eurovision winner Nemo back home

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Business

No refund for travellers who cancelled flight already scrapped by airline: regulator

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Balancing act: Canadian North’s first Inuk CEO juggles Arctic airline challenges

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Average hourly wage in Canada now $34.95: StatCan

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Lifestyle

opinion
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OPINION
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Sports

Canucks hold off Oilers for 4-3 win in Game 3

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Atlanta Hawks win 2024 NBA Draft Lottery, secure No. 1 overall pick

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Autos

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After layoffs, Musk says Tesla to spend US$500M on charging network

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Her SUV was stolen in Montreal. A Good Samaritan on Facebook helped her get it back

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'It happened so fast': Evacuees describe fleeing Fort Nelson, B.C., wildfire

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VPD officer suspended 5 days for drunk driving crash; watchdog orders review

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Canucks beat Oilers 4-3 to take back series lead

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Toronto

Police identify woman shot and killed in Oakwood Village; suspect arrested

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Ontario's need for nurses, PSWs to top 33K and 50K by 2032: document

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Toronto man charged with second-degree murder

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Calgary

Alberta NDP leadership race: Final tally shows historic membership; McGowan drops out

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Group looking to save Alberta wetland from becoming a racetrack launches a legal battle

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Calgary council to make final rezoning amendments and cast vote

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Ottawa

Wildfire smoke could move into Ottawa, eastern Ontario tonight

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Construction worker injured after shoring wall collapse on Carling Avenue

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Ottawa church advocating for universal basic income as federal bills consider the issue

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Montreal

McGill to ask for injunction to dismantle pro-Palestinian encampment

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Amazon's Laval warehouse workers now unionized

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Man sent for 'psychological care' after gunfire in Longueuil

A string of shootings in Greenfield Park on Montreal's South Shore had Longueuil police investigating overnight.

Edmonton

Alberta NDP leadership race: Final tally shows historic membership; McGowan drops out

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WEATHER
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Canucks hold off Oilers for 4-3 win in Game 3

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Atlantic

Pro-Palestinian encampment set up at Halifax’s Dalhousie University

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No refund for travellers who cancelled flight already scrapped by airline: regulator

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Halifax home significantly damaged by fire, one person sent to hospital

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Winnipeg

Manitoba battling two wildfires around Flin Flon and The Pas, evacuation orders in effect

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Trial of Winnipeg serial killer expected to hear more testimony from police

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Air quality advisories issued in 5 provinces, 1 territory

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Regina

Death investigation underway after injured man dies in hospital

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'Genuine optimism': Riders open 2024 training camp with Harris at the helm

Sunday marked day one of training camp for the Saskatchewan Roughriders in Saskatoon. The team was ecstatic to be back on the field for another year with quarterback Trevor Harris being no exception.
Sask. social services mobile outreach team doubles in size, expands access to community locations

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Kitchener

Gunshots ring out in Kitchener neighbourhood

Waterloo regional police say no one was hurt during a daylight shooting in Kitchener.
'He's in our hearts': Family and friends still seek answers one year after Nathan Wise's disappearance

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Ontario's need for nurses, PSWs to top 33K and 50K by 2032: document

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Saskatoon

Saskatoon police say violent crime is up 10 per cent since last year

Violent crime in Saskatoon was up by nearly 10 per cent in the first quarter of 2024, according to new data from the Saskatoon Police Service.
'It would change my life': Saskatchewan singer vying for $1 million on Canada's Got Talent final

Prince Albert singer Rebecca Strong is on the cusp of achieving a dream on Canada’s Got Talent as she stands among the final eight contestants.
No one injured in residential blaze, Saskatoon fire department says

The Saskatoon Fire Department says no one was injured in a fire in the Queen Elizabeth neighbourhood on Saturday evening.

Northern Ontario

37-year-old man dies following Sault police shooting

Ontario’s police watchdog is investigating after a Sault Ste. Marie Police Service officer shot a 37-year-old man in the city’s west end on Saturday night.
'Oh my God, you're my brother': Man in his 70s discovers 6 unknown siblings

After receiving a DNA kit one Christmas from his son-in-law, Hugh McCormick soon discovered that he had six unknown siblings, with whom he shared the same birth parents.
'My family doctor just fired me': Ontario patients frustrated with de-rostering

Dozens of Ontarians are expressing frustration in the province’s health-care system after their family doctors either dropped them as patients or threatened to after they sought urgent care elsewhere.

London

Prime Minister Justin Trudeau in southwestern Ontario on Monday

Prime Minister Justin Trudeau will visit a local child care centre in southwestern Ontario. According to his itinerary, he will make an announcement related to child care.
Showers and heat in London area on Monday

With rain showers expected most of the day, the temperature will hit a high around 25 C. The normal for this time of year being around 20 C.
Fire crews tackle east end blaze early Sunday morning

No injuries were reported after a garage fire spread into a vehicle early Sunday morning in the city’s east end.

Barrie

'Phenomenal mom' killed in Innisfil crash

Young mother was killed in a two-vehicle crash in Innisfil Saturday morning.
Collingwood waste site goes up in smoke

A garbage fire was attended to by Collingwood firefighters Monday.
Credit Valley Conservation van stolen in Mono

A Credit Valley Conservation van was stolen from the Island Lake Conservation site.

Windsor

Chatham police seek break and enter suspect

Police in Chatham-Kent are hoping the public can identify a person they’re looking for. According to police, the person is suspected in relation to multiple break and enter and attempt break-and-enter investigations in Chatham.
Wanted person taken into custody during traffic stop

OPP conducted a traffic stop that resulted in a 49-year-old Port Rowan resident being taken into custody in Chatham-Kent.
Prime Minister Justin Trudeau in southwestern Ontario on Monday

Prime Minister Justin Trudeau will visit a local child care centre in southwestern Ontario. According to his itinerary, he will make an announcement related to child care.

Vancouver Island

Wind could push rapidly growing wildfire into Fort Nelson, B.C.: BCWS

A fast-growing wildfire near Fort Nelson, B.C., that has forced thousands to flee their homes could spread into the town itself, the B.C. Wildfire Service warned.
Canucks beat Oilers 4-3 to take back series lead

The Vancouver Canucks beat the Edmonton Oilers 4-3 Sunday night and now lead the second round series 2-1.
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Kelowna

'Altercation' in Penticton leaves 1 dead: RCMP

One person is dead after a fight in Penticton early Sunday morning, according to authorities.
Suspect fled in 2-door Fiat after convenience store robbery, Merritt RCMP say

A suspect is at large after robbing a convenience store at gunpoint in Merritt, B.C., Friday, according to local police.
Kamloops RCMP issue public warning about 2 men allegedly at centre of 'organized crime conflict'

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Lethbridge

Medicine Hat, Alta., police arrest local man in child luring case

Thousands of messages were sent between a teenage girl in the U.S. and an Alberta man posing as a young boy, a police investigation has revealed.
Southern Alberta farmers optimistic after recent rainfall

After a dry winter, southern Alberta farmers were expecting it to be another tough growing season.
Rural crime in decline: southern Alberta RCMP

Rural crime is on the decline, the RCMP said in a media statement released by the Southern Alberta District (SAD) late Wednesday afternoon.

Sault Ste. Marie

Expert expecting another big cruise ship season this summer

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IN PHOTOS
IN PHOTOS Northern lights dance across the night sky in northern Ont.

Highlights of the views of the northern lights display in northern Ontario on Friday night and Saturday morning.
37-year-old man dies following Sault police shooting

Ontario’s police watchdog is investigating after a Sault Ste. Marie Police Service officer shot a 37-year-old man in the city’s west end on Saturday night.

N.L.

'Irate male' assaulted Newfoundland officers with block of cheese, police say

Police in Newfoundland say patrol officers were assaulted Thursday by a "very irate male" wielding a block of cheese.
Whooping cough outbreak declared in Newfoundland

Health officials say there is an outbreak of whooping cough in eastern Newfoundland.
Trucker's body found in trailer in Newfoundland after failed police search in Ontario

Ontario Provincial Police are facing tough questions about their search for a missing Newfoundland trucker whose rig was found two weeks ago in Ontario, then sent back to Newfoundland, where his body was found Monday in the trailer.

Hertz to pay $168M to settle over 95 per cent of wrongful theft, report claims

CTVNews.ca Top Stories

opinion | Harry and Meghan's Nigerian adventure: traditional attire to warm welcomes

DEVELOPING | Michael Cohen takes the stand as testimony in Trump hush money case enters 4th week

DEVELOPING | Michael Cohen takes the stand as testimony in Trump hush money case enters 4th week

opinion | How to use your credit card as a powerful wealth-building tool

OPINION | Dr. Katie Hurley: There's no way to be a perfect parent

WEATHER | Josh Classen's forecast: Average temperatures and a reprieve from the smoke

IN PHOTOS | Northern lights dance across the night sky in northern Ont.

opinion Harry and Meghan's Nigerian adventure: traditional attire to warm welcomes

DEVELOPING Michael Cohen takes the stand as testimony in Trump hush money case enters 4th week

DEVELOPING Michael Cohen takes the stand as testimony in Trump hush money case enters 4th week

opinion How to use your credit card as a powerful wealth-building tool

OPINION Dr. Katie Hurley: There's no way to be a perfect parent

WEATHER Josh Classen's forecast: Average temperatures and a reprieve from the smoke

IN PHOTOS Northern lights dance across the night sky in northern Ont.