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Government of Manitoba announces legislation to reduce red tape imposed on businesses, industry and local governments

March 20, 2017 by Canadian Underwriter

The Government of Manitoba has announced proposed legislation that would reduce outdated, contradictory, complicated or ineffective regulatory requirements imposed on businesses, industry and local governments, provincial Finance Minister Cameron Friesen said last week. Friesen said in a statement that the

News AssociationsCatastrophesClimate ChangeInsuranceReinsurance

IBC supports regional platform for disaster risk reduction outcomes, vows to continue working with government

March 15, 2017 by Canadian Underwriter

Insurance Bureau of Canada (IBC) has voiced the property and casualty industry’s continued support for efforts by the federal government to enhance disaster risk reduction and make communities more resilient. “Our industry remains committed to being a full partner with

News Commercial LinesInsuranceLegislation / RegulationTechnology

Ridesharing anticipated in B.C. by “end of 2017,” province unveils measures to help taxi industry modernize

March 8, 2017 by Canadian Underwriter

The government of British Columbia announced on Tuesday a series of improvements for the taxi industry in anticipation of “ride-sharing services coming to British Columbia by the holiday season at the end of 2017,” including improving certain insurance products, potentially

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New Jersey town: We’re not to blame in beach collapse death

December 22, 2016 Wayne Parry - THE ASSOCIATED PRESS

NORTH WILDWOOD, N.J. – A beach town being sued for the drowning death of a man swept out to sea when the sand collapsed underneath him says it is immune from such lawsuits due to a state law governing unimproved

News AssociationsCommercial LinesConstructionInsuranceLegalReinsurance

Some increased risks developing in surety space, but these can be managed: panel

November 14, 2016 by Angela Stelmakowich

The outlook for surety in Canada is healthy, but a number of developments are introducing increased risk that need to be taken into account and properly managed, speakers suggested during the Toronto Risk and Insurance Education Forum last week in

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Ontario set to reintroduce photo radar for municipalities

November 9, 2016 by Canadian Underwriter

Ontario Premier Kathleen Wynne has announced that she intends to introduce legislation that, if passed, would give municipalities the power to introduce automated speed enforcement (ASE) technology in school and community safety zones. According to a press release issued on

News AssociationsCatastrophesClimate ChangeCommercial LinesConstructionInsuranceLegislation / RegulationPersonal LinesReinsurance

Barely passable grade on flood preparedness demands immediate action: report

October 31, 2016 by Canadian Underwriter

All 10 Canadian provinces and Yukon are not making the grade when it comes to flood preparedness, signalling the need for change, including not allowing municipalities to override provincial or territorial direction on development in flood-prone areas, argues a new

News InsuranceLegislation / RegulationPersonal Lines

Most Canadians “decidedly supportive” of distracted driving legislation, majority want distracted walking laws: poll

October 27, 2016 by Canadian Underwriter

Canadians are “decidedly supportive” of the legislation that bans drivers from using hand-held devices in every province, and a majority believe the time has come to implement distracted walking legislation in their municipality, according to a new Canada-wide poll. Released

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Doubts being raised over Quebec’s legislation regulating Airbnb-type rentals

September 19, 2016 Ross Marowits - THE CANADIAN PRESS

MONTREAL – Quebec is often held up as a model for other provinces to follow when it comes to regulating the growing home-sharing market, but doubts are being raised over whether recent provincial changes are having any impact. In April,

News InsuranceMarkets / CoveragesProfessional DevelopmentReinsurance

Ontario Municipal Insurance Exchange (OMEX) suspends underwriting operations

August 11, 2016 by Canadian Underwriter

The Ontario Municipal Insurance Exchange (OMEX) announced on Thursday that it will suspend Reciprocal underwriting operations effective immediately “to allow it time to fully assess the needs of Ontario municipalities with a view to redesigning its products to better service

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Autonomous vehicles will have “whole host of impacts” on municipalities: Insurance Telematics Canada speaker

May 3, 2016 Greg Meckbach, Associate Editor

Autonomous vehicles will “shrink” the auto insurance industry but could also increase liability risk for municipalities, speakers suggested at a recent conference in Toronto. “Over time, this is going to transform mobility and what cities look like,” said Stephen Buckley,

News CatastrophesClimate ChangeCommercial LinesLegalPersonal LinesTechnology

IBC, Tesera Systems announce transfer agreement for bureau’s Municipal Risk Assessment Tool

March 30, 2016 by Canadian Underwriter

Insurance Bureau of Canada (IBC) has announced the intellectual property rights for its municipal risk assessment tool (MRAT) – a made-in-Canada solution to help communities be more resilient and adaptable to climate change – is being transferred to Tesera Systems