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renters

News Insurance

Hot line: Why residential fire frequency is up

June 16, 2020 by Greg Meckbach

The surge in people working from home has brought an increase in home cooking fires, risk and insurance professionals observe. “You are seeing a spike in residential fires in condos and rental units because people are at home more and

News CatastrophesInsuranceMergers and Aqcuisitions

Insured costs for Cyclones Debbie and Cook in New Zealand upgraded to NZ$109 million from NZ$84 million in June

August 28, 2017 by Canadian Underwriter

The Insurance Council of New Zealand (ICNZ) has upgraded the insured costs associated with Cyclones Debbie and Cook to NZ$109 million from the NZ$84.4 million estimate in June. The two cyclones swept through New Zealand during April (Cyclone Debbie from

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProducts

The Commonwell Mutual Insurance Group launches new policy to protect clients against “home sharing rentals gone wrong”

July 10, 2017 by Canadian Underwriter

Lindsay, Ont.-based The Commonwell Mutual Insurance Group, a home and auto insurance company, announced on Monday the launch of a new policy designed to protect clients against “home sharing rentals gone wrong” on popular sites like Airbnb, FlipKey and HomeAway.

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

Allianz makes strategic investment in Lemonade Insurance Company

April 22, 2017 by Canadian Underwriter

Allianz SE announced on Friday that it has recently made a “strategic investment” in Lemonade Insurance Company, a New York-licensed renters and homeowners insurer powered by artificial intelligence and behavioural economics. “The partnership ties in neatly with our digitization focus,”

News InsuranceMergers and Aqcuisitions

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