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Insurers should ensure consumers are ‘better able to understand’ home insurance policies: CCIR

August 9, 2017 by Canadian Underwriter

In a paper released Wednesday, Canada’s insurance regulators’ association suggests that insurers need to better educate consumers so they can understand the terms – including limitations, exclusions and deductibles – of their property insurance contracts, while sharing aggregated property risk

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

Most Airbnb hosts not registered in Quebec, one year after law took effect

May 29, 2017 Aleksandra Sagan - THE CANADIAN PRESS

The majority of Quebecers who list their properties on Airbnb and other home rental websites are not registering with the province, just over a year since it implemented a law regulating them, new data suggests. The province’s Tourism Department says

News InsuranceLegalLegislation / RegulationMergers and AqcuisitionsTechnology

Transport Canada launches drone safety initiatives, including online incident-reporting tool

December 21, 2016 by Canadian Underwriter

Transport Canada announced on Wednesday that it has launched a number of initiatives aimed at drone safety, including a “new incident-reporting tool to keep Canadians safe from reckless drone use.” Kate Young, Member of Parliament for London West and parliamentary

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

FAA forecast: 600,000 commercial drones within the year

August 29, 2016 Joan Lowy - THE ASSOCIATED PRESS

WASHINGTON – There will be 600,000 commercial drone aircraft operating in the U.S. within the year as the result of new safety rules that opened the skies to them on Monday, according to a Federal Aviation Administration estimate. The rules