News

Mounties in Alberta say they’re keeping traffic moving on the Trans-Canada Highway despite a roadside carbon-levy protest, and say five large farm tractors have already caused a multi-vehicle crash. Protesters slowed traffic on the Trans-Canada just west of Calgary on…

Canadian property and casualty insurance brokerages are gravitating towards personalized communication automation (PCA), an executive at brokerage automation company Pathway tells Canadian Underwriter. Nine years ago, only about 3% of insurance brokerages had adopted PCA into their operations, says Alek…

In Canada, corporate insolvencies have noticeably increased year over year, but brokers can step in to assist their clients with cash flow management and risk mitigation solutions, one expert shares.  Insolvencies, defined as a business’s inability to abide by their…

Canada is not immune to social divisions resulting in damage caused by political protests, and insurance companies can do three things to prepare for political risk, says a new report published by the Insurance Institute of Canada. First, insurance companies…

A trial opens Tuesday in a class-action lawsuit accusing the Quebec government of wiping out hundreds of millions of dollars in the value of taxi permits by allowing ride-hailing company Uber to operate and then by abolishing the permit system.…

If your brokerage is looking to solve its labour retention problems, consider this: The more diverse a P&C brokerage’s leadership team is, the less likely staff are to consider leaving their jobs. So finds a Canadian Underwriter survey, asking P&C…

Desjardins’ acquisition of The Insurance Company of Prince Edward Island (ICPEI) will enable the direct writer to diversify its distribution model and expand its national reach, Desjardins General Insurance Group president and chief operating officer Valerie Lavoie tells Canadian Underwriter.  …

A former Alberta broker who was suspended for a year last July for submitting a fraudulent auto insurance claim has had her B.C. licence suspended for a year, starting March 2024. B.C.’s insurance council said it was revoking her licence…

Toronto police announced the recovery of 48 stolen vehicles and the arrests of seven people Wednesday as they detailed their latest attempt to crack down on the growing issue of auto theft in the region. Investigators said information gathered during…

Canadian authorities tried to reassure the public about the safety of bridges in the country following the collapse of a bridge in Baltimore, Md., early Tuesday morning after it was rammed by a container ship.  Halifax Harbour Bridges, which operates…

Imagine a brokerage having to hire someone just to open electronic documents (eDocs) from insurance companies to find out what they’re about. And yet, that’s exactly what happens when insurance companies send eDocs to brokerages with catch-all titles such as…

Proposed reforms to Ontario auto insurance will make life simpler for accident victims but could increase premiums and costs for insurers, says David Marshall, who’s served as senior advisor to the provincial government on auto insurance and pension funds.  In…