Canadian Underwriter

Keyword
Home Insurance

News InsurancePersonal Lines

Source of leaks causing home water damage ‘can go undetected for years,’ warns Allstate

May 29, 2017 by Canadian Underwriter

Burst water pipes are a frequent cause of large claims in Quebec, Allstate Insurance Company of Canada suggested Monday. In a press release, Allstate shared some findings from the Allstate Insurance Safe Homeowners Study. In the study of household incident

News InsuranceLegislation / RegulationPersonal Lines

IBC board recommends Ontario, Atlantic Canada members voluntarily align home policies to protect innocent co-insureds

May 16, 2017 by Canadian Underwriter

The Insurance Bureau of Canada’s (IBC) board of directors is recommending that IBC’s members operating in Ontario and the Atlantic provinces voluntarily align their home insurance policies with other jurisdictions when it comes to protecting “innocent co-insureds.” Current legislation in

News InsuranceMarkets / CoveragesPersonal Lines

Aviva Canada partners with Tennis Canada for home and auto insurance program

May 15, 2017 by Canadian Underwriter

Aviva Canada Inc. announced on Monday that it launching a new “tennis-focused brand experience for home and auto insurance through an extended partnership” with Tennis Canada. The Tennis Canada Home and Auto insurance program for both fans and players alike

News Commercial LinesInsuranceLegislation / RegulationMarkets / CoveragesMergers and AcquisitionsPersonal LinesReinsurance

161 companies have exited Canadian P&C market in past 20 years, 96% voluntarily: PACICC

April 13, 2017 Jason Contant, Online Editor

Over the past 20 years, 161 different insurance companies have exited the Canadian P&C market, 96% of which were voluntary exits, according to a new report from the Property and Casualty Insurance Compensation Corporation (PACICC). The report, the 11th in

News InsurancePersonal Lines

Square One finds it ‘surprising’ how many renters go without home insurance

March 20, 2017 by Canadian Underwriter

A survey indicates that most renters in Alberta, Ontario and British Columbia have home insurance, Square One Insurance Services Inc. suggested Monday. The Vancouver based firm “recently surveyed over 1,500 renters in British Columbia, Alberta and Ontario.” More than a

News InsuranceMarkets / CoveragesProfessional Development

Offers that help save money on home and auto insurance of interest to customers: broker forum speaker

March 6, 2017 Jason Contant, Online Editor

Brokers could provide added value to their customers by suggesting offers that that help save money on home and auto insurance, attendees to the Insurance-Canada.ca Broker Forum (ICBF) heard last week. “Fully 50 to 60% of your customers are saying,

News CatastrophesInsurancePersonal LinesTechnology

Northbridge Insurance teams up with Alert Labs for pilot project with home water damage sensors

February 17, 2017 by Canadian Underwriter

Northbridge Insurance has teamed up with Alert Labs for a pilot project that provides customers up to $150 in annual savings on their home insurance if they purchase sensors aimed at protecting homes against water damage. The pilot project offers

News InsuranceMarkets / Coverages

Aviva Canada launches homesharing insurance coverage across Canada

February 1, 2017 by Canadian Underwriter

Aviva Canada has announced that it is offering insurance coverage for homesharing across Canada, starting Feb. 1. Aviva Canada said in a statement on Wednesday that it is offering hosts two homeshare coverage options that can be tailored to meeting

Feature Earnings / RatingsInsurancePersonal LinesTechnology

Homeward Bound

January 2, 2017 Daniel Shum, Partner and National Insurance Leader, Deloitte

A recent survey of first-time homeowners indicates widespread frustration with insurers, including too many underwriting questions, lack of information in plain English and an inability to complete insurance transactions online.

News CatastrophesInsurancePersonal Lines

U.S. homeowner claims decreasing, loss costs on the decline, LexisNexis Risk Solutions study finds

October 27, 2016 by Canadian Underwriter

Homeowner claims in the United States continue to decrease and loss costs are flat or on the decline, according to a new report from LexisNexis Risk Solutions. 2016 LexisNexis Home Trends Report, the inaugural study of home insurance trends released

Feature AssociationsInsurancePersonal LinesProfessional Development

Appraising Contents

October 3, 2016 John Grow, Partner, Prestige Evaluations

Choosing a properly qualified appraiser for contents such as fine art, jewellery and historical items can be of benefit to the broker, carrier and insured.

Feature InsuranceLegalPersonal Lines

Material Disclosure

October 2, 2016 Jennifer Pereira, Partner, Robertson Stromberg LLP. Robertson Stromberg is a member firm of The ARC Group of Canada, a network of independent law firms across Canada.

In a ruling in favour of SGI and Galon Insurance Brokers, a Saskatchewan court found that a plaintiff knew, or should have known, that his decision to rent to tenants was material to the risk of insuring his home.