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Is the sun setting on auto insurance in Canada?

June 20, 2018 by David Gambrill

Is the sun setting on auto insurance as a dominant line of business in Canada? Property lines premium is catching up to auto insurance premiums, causing many to predict that auto insurance will recede in the rearview mirror over the

News ClaimsInsuranceLegislation / RegulationMarkets / Coverages

Recreational marijuana to be legal by mid-September

June 20, 2018 Joan Bryden - THE CANADIAN PRESS

OTTAWA – Canadians will be able to legally purchase and consume recreational marijuana by mid-September at the latest after the Senate voted Tuesday to lift almost a century-old prohibition on cannabis. Senators voted 52-29, with two abstentions, to pass Bill

insPRESS ClaimsInsurance

Sedgwick announces new leadership appointments for Canada to accelerate growth in the market

June 20, 2018 by Sedgwick

TORONTO, June 20, 2018 /insPRESS/ – Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, has announced several leadership appointments within its Canadian business. The aim of the appointments is to drive growth in this key

News ClaimsLegal

Oil sands firm could get green light for random drug and alcohol testing

June 19, 2018 by Greg Meckbach

A recent Supreme Court of Canada ruling opens the door to random drug and alcohol testing of Alberta oil sands workers operating heavy equipment. The outcome will no doubt affect some risk managers because employers can be held responsible for

News CatastrophesClaimsMarkets / Coverages

How training plays into claims adjusting during back-to-back cats

June 19, 2018 by Jason Contant

When Canada experiences back-to-back catastrophes, it can be a challenge to pull together all the required resources in a timely fashion. Part of the puzzle is ensuring that claims adjusters and other parties are properly trained for the files they

insPRESS AnnouncementsBrokersClaimsInsuranceMGAsProfessional DevelopmentTechnology

The Digital Future of Insurance: Is Risk Passé?

June 19, 2018 Insurance-Canada.ca

TORONTO, June 19, 2018 /insPRESS/ – Risk is not passé just yet, but it is changing dramatically, and as it evolves in nature, insurance participants themselves are at risk. Don’t move too slowly – or too quickly! – but not

insPRESS ClaimsConstructionInsurance

Jeffrey Chubry Takes on Branch Manager Role at STRONE Barrie and Bracebridge

June 19, 2018 by STRONE-Itech

BARRIE, ON, June 19, 2018 /insPRESS/ –  STRONE Restoration is very pleased to announce that Jeffrey Chubry has accepted the role of Branch Manager at STRONE Barrie and Bracebridge. Jeffrey brings solid construction and management experience to the job and will

insPRESS AnnouncementsAppointmentsClaimsInsurance

Mike Alwyn named Chief Operating Officer for Sedgwick Canada

June 19, 2018 by Sedgwick

TORONTO, June 19, 2018 /insPRESS/ – Sedgwick is pleased to announce the promotion of Mike Alwyn to Chief Operating Officer of Sedgwick Canada. Alwyn previously served as Senior Vice President of Specialty Services for Vericlaim Canada. “Mike’s promotion reflects his

News CatastrophesClaims

One risk to your client if the neighbouring property is abandoned

June 18, 2018 by Greg Meckbach

Lindsay Bunce got a nasty shock one colder winter day when she and her husband went down to the basement of their Toronto home. “We were surprised to find about two inches of water across our basement and water coming

News ClaimsMarkets / Coverages

Cause of $25 million fire remains under investigation

June 18, 2018 The Canadian Press

BRANDON, Man. – A massive blaze that burned through historic buildings in downtown Brandon last month caused about $25 million in damages and police now say it may have been started by people. Fire crews were called to the Christie’s

News ClaimsInsuranceMarkets / Coverages

Why mutuals partner with independent adjusters

June 15, 2018 by Jason Contant

Small insurers or mutuals may decide to partner with independent adjusting (IA) firms as a way of providing them with flexibility on costs and full-time staff. On May 30, Contractor Connection, a service line of IA firm Crawford & Company

News CatastrophesClaimsClimate ChangeInsuranceMarkets / Coverages

$400M Ontario windstorm ‘not quite’ the new normal

June 15, 2018 by Jason Contant

If water is the new fire, then what is weather? For Paul Kovacs, executive director of the Institute for Catastrophic Loss Reduction (ICLR), weather is definitely what will be taking the lion’s share of payouts in the next quarter century.