Topic
Insurance
30 Forensic Engineering Strengthens Materials & Product Failure Group with the Appointment of Olivia Yalnizyan
February 14, 2020 by -30- Forensic EngineeringToronto, ON, February 14, 2020/InsPress/ – 30 Forensic Engineering, Canada’s leading and fully-independent multi-disciplinary forensics firm, is pleased to announce the appointment of Olivia Yalnizyan M.A.Sc., B.A.Sc. as Associate, within the Materials & Product Failure group. Olivia has always thrived…
How the P&C industry can help move the needle on building a climate-resilient society
February 14, 2020 by Adam MalikThe clock is ticking on taking action when it comes to creating more climate-resilient homes, neighbourhoods and cities, a panel warned at a recent conference. When asked by moderator Glenn McGillivray, managing director of the Institute for Catastrophic Loss Reduction,…
How does directors’ and officers’ vicarious liability work with franchise corporations?
February 14, 2020 by Greg MeckbachIf your clients are directors and officers of a company that licences its brand to franchisees, can those clients and the owner of the brand be vicariously liable for alleged wrongdoings on the part of franchisees? It depends in large…
Most Canadian P&C professionals would prefer a single auto insurance model nation-wide: CU poll
February 14, 2020 by David GambrillMost property and casualty insurance professionals across the country would like to see a single business model for auto insurance across Canada – as long as it’s the one in their home province, it seems. In a recent online poll…
Why insurers aren’t getting much traction with Canadian businesses on climate change
February 13, 2020 by Adam MalikCanadian industries have a silo-ed approach to preparing for climate change, which is working against the Canadian P&C insurance industry’s desire to address climate change loss exposures and manage catastrophes, a pair of experts told a recent conference. For example,…
Why Intact lost this court case over professional fees
February 13, 2020 by Jason ContantIf your client wants to be covered under a professional fees endorsement, must these fees be required by the insurer? The question was put to the Ontario Superior Court of Justice recently. Ontario Superior Court Justice David Edwards found that,…
The thinking behind IBAC’s ‘light-hearted’ flood and earthquake education campaign
February 13, 2020 by Greg MeckbachWhile the Insurance Brokers Association of Canada (IBAC) is encouraging homeowners to contact brokers about earthquake and overland flood risk, it is not aiming to shock or scare the living daylights out of consumers. “We consciously chose not to use…
Aviva to start using credit info as auto rating factor in this province
February 13, 2020 by Greg MeckbachAviva Insurance Company of Canada and Traders General Insurance Company have permission to use consumers’ credit information as an auto rating factor, the Nova Scotia Utility and Review Board announced Monday. Insurers are specifically prohibited from using credit information as…
Beard Winter LLP and 30 Forensic Engineering Co-Host Insurance Industry Seminar at the Hockey Hall of Fame
February 13, 2020 by -30- Forensic EngineeringToronto, ON, February 13, 2020/InsPress/ – More expeditious and affordable trials are coming to a courtroom near you. Please join Beard Winter LLP and 30 Forensic Engineering in Toronto on Thursday March 5th, 2020 for a dynamic discussion on important…
Why P&C will need to lead the charge on climate change action
February 12, 2020 by Adam MalikIf recommendations from a report released last year on sustainable finance are going to succeed, the property and casualty insurance industry is going to play a key role in making it happen, said one expert. There is a lack of…
Brokers on what would help bring down skyrocketing condo insurance premiums
February 12, 2020 by Jason ContantInsurance should be mandatory for all condo unit owners in the condo corporation, an executive with the Insurance Brokers Association of B.C. (IBABC) told Canadian Underwriter Monday. “Strata/condo building managing councils should encourage their member unit owners to vote in…
The story behind ICBC’s bold change to auto insurance
February 12, 2020 by Jason ContantWhy did the Insurance Corporation of B.C. (ICBC) decide to move towards a no-fault style model for auto insurance? “I heard rumours for months that they were going to introduce a no-fault product,” consultant Willie Handler, principal at Willie Handler…