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Insurers pushing for regulatory approval of electronic pink slips

February 6, 2018 by Jason Contant

Insurers understand the need for electronic proof of auto insurance, but don’t yet have the ability to share this information electronically, Steve Kee, director of media and digital communications with the Insurance Bureau of Canada (IBC), said in an interview

News InsuranceMarkets / CoveragesTechnology

Ontario technology hubs key for GM Canada’s plans for driverless cars

January 22, 2018 David Paddon - THE CANADIAN PRESS

MARKHAM, Ont. – General Motors of Canada sees Ontario’s strength in advanced technologies as strategically important for its plans for creating safe, driverless vehicles in the near future, its CEO said Friday at the launch of a new software centre

News Climate ChangeInsuranceMarkets / CoveragesTechnology

Driverless cars could be coming soon to Ontario roads

January 9, 2018 Allison Jones - THE CANADIAN PRESS

TORONTO – Ontario drivers could soon find themselves motoring along the highway next to a car with no one in the driver’s seat. The province’s Liberal government is proposing to change the rules of its 10-year automated vehicle pilot project

News InsuranceLegislation / Regulation

Trial lawyers doubt standard treatment plans will help auto insurers

December 15, 2017 Greg Meckbach, Associate Editor

Ontario’s call for standard treatment plans in auto accident benefits might well do the opposite of what was intended — increase claims disputes and provide no benefit to insurers, personal injury lawyers say. In his Fair Auto Insurance Plan, released

News InsuranceLegislation / Regulation

Ontario to review postal code auto rate factor

December 12, 2017 by Canadian Underwriter

Auto prices can vary based on the customer’s home address; while this has been a sore point for some consumers, the Insurance Brokers Association of Ontario is urging the regulator to think carefully before changing the use postal code rating

News InsuranceMarkets / CoveragesProfessional Development

The insurance industry’s challenge in recruiting forensic engineers

December 8, 2017 Greg Meckbach, Associate Editor

The challenge for the property and casualty insurance industry in recruiting young engineers is that engineers generally want to make things instead of figuring out why things crashed or burned. “We have had a challenging time servicing our clients in

News ClaimsInsuranceMarkets / Coverages

Government farm insurer not asking for documentation to support claims

December 7, 2017 by Canadian Underwriter

An Ontario government-owned insurer should be requiring farmers to submit supporting documentation when paying production loss claims arising from harsh weather or disease, the auditor general recommended in a report tabled Dec. 6 in the legislature. Guelph-based Agricorp, a crown

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Planning for a public emergency? Don’t follow Ontario’s example

December 6, 2017 Greg Meckbach, Associate Editor

Ontario’s emergency planning for risks such as severe weather, terrorism and cyber-attacks is in dire need of an update, the province’s auditor general concluded in a report released Wednesday. The province’s severe weather plan has not been updated in 12

News Insurance

Ontario targets auto fraud with new prosecutors’ team

December 5, 2017 Greg Meckbach, Associate Editor

Auto insurance fraudsters are the target of a team of new and dedicated prosecutors and investigators announced by the Ontario government Wednesday. The province said it plans to set up in the spring of 2018 what it calls the Serious

News Climate ChangeInsuranceMarkets / Coverages

IBC welcomes province’s climate change efforts

November 28, 2017 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) is welcoming the climate change provisions in the Government of Ontario’s newly released Long-Term Infrastructure Plan (LTIP). The provincial government released LTIP on Tuesday. The plan includes investment in public infrastructure, such as hospitals,

News ClaimsInsuranceMarkets / Coverages

Top 3 most dangerous places to drive in Canada

November 22, 2017 by Canadian Underwriter

Halifax has the highest collision frequency rate (7.9%) in Canada this year, according to the Allstate Insurance Company of Canada’s 2017 Safe Driving Study. It’s the third consecutive year that Halifax has topped Allstate’s study of collision frequency in Canada.

News InsuranceMarkets / Coverages

Ontario motorcycle crash injuries twice as costly to treat as auto injuries: study

November 20, 2017 Peter Cameron - THE CANADIAN PRESS

TORONTO – Motorcyclists in Ontario are three times more likely to be injured in a collision than people in automobiles, 10 times more likely to suffer serious injuries and those injuries will cost more to treat, a new study suggests.