Saskatchewan Government Insurance is resuming road tests – suspended since mid-March – for some drivers. SGI had suspended driving tests in order to reduce the risk of spreading the novel coronavirus. And so how to resume testing while social distancing…
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As summer approaches in the midst of the COVID-19 pandemic, a key question is whether motorists with winter tires are getting their seasonal tire changes. Keeping winter tires on during the summer increases the risk of aquaplaning because winter tire…
If laws get passed retroactively changing business interruption policy wording so that pandemic losses now get covered, insurers will likely launch legal challenges that will be looked at by high court judges, Fairfax Financial CEO Prem Watsa suggests. During Fairfax’s…
Concerns from surety bond providers have prompted the Ontario government to make one change, effective this Thursday, to the state of emergency during the pandemic. As it stands, an emergency order suspending limitations means liens against construction projects technically never…
What the province’s changes to auto insurance mean for drivers, brokers, and the legal system
With the Ontario government ordering the closure of bars and nightclubs, this should eliminate – temporarily – one category of commercial liability claim. “I don’t think claims will be launched against commercial hosts at this time,” said Mouna Hanna, an…
COVID-19 has shifted the Insurance Institute of Canada’s April exam session into the first three weeks of June, a move that affects students taking winter semester courses in the Institute’s Chartered Insurance Professional (CIP), General Insurance Essentials (GIE) and Risk…
The COVID-19 pandemic sweeping across the globe and here at home is changing the way auto insurance transactions are conducted in British Columbia. Last week, the government of British Columbia announced it would allow certain auto insurance transactions, such as…
British Columbia’s broker regulator has temporarily its loosened rules governing the workplace location of Level 1 salespeople, allowing them to work from home during the COVID-19 pandemic. The temporary rule change took effect Thursday. “The Insurance Council of BC shares…
In an aggressive move to stop the spread of COVID-19 cases in Canada, Prime Minister Justin Trudeau announced Monday that the federal government will be closing the country’s borders to people who are not Canadian citizens or permanent residents. Exceptions…
Your Ontario auto clients have probably read media reports claiming they have been “over-paying” for years, but at the same time your markets are probably telling you they either lose money or barely break even on the product. So how…