Topic
Insurance
Gallagher no longer buying major Willis Towers Watson assets
July 30, 2021 by Greg MeckbachA bunch of Willis Towers Watson plc workers, who anticipated that their divisions were being sold to Arthur J. Gallagher & Co., will be staying with Willis Towers Watson after all. Rolling Meadows, Ill.-based Gallagher announced July 26 that a…
Personal auto renewal rates continue downward trend, but homeowners’ rates up: Applied
July 30, 2021 by Jason ContantAverage personal auto premium renewal rates in Canada continued their downward trend in the second quarter of 2021, while personal property (homeowners) renewal rates remained up over the same period, according to Applied Systems’ latest premium rate index. In Q2…
Address misrepresentation a ‘growing problem’: Aviva Canada exec
July 30, 2021 Canadian Underwriter StaffAviva Canada is reporting a spike in insurance claims that involve misrepresented addresses, leading one executive to call for greater awareness around the issue. According to chief claims officer Bryant Vernon, Aviva Canada data shows a 9.1% increase in Ontario…
Here’s the timeline for converting RSA policies to Intact
July 30, 2021 by Greg MeckbachNova Scotia motorists with RSA insurance policies can renew through RSA until November 4, the province’s auto insurance regulator said in its July 28 ruling on Intact Insurance Company’s rate filing. On June 1, Intact Financial Corp. closed its acquisition…
As cyberattacks skyrocket, Canada needs to work with – and not hinder – cybersecurity experts
July 30, 2021 The Canadian PressThis article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Authors: Yuan Stevens, Policy Lead on Technology, Cybersecurity and Democracy at…
WICC’s 25th: Connecting Through Cancer; Getting to Know Sindy Houle
July 29, 2021 Women in Insurance Cancer Crusade (WICC)Editor’s Note: In honour and celebration of Women and Insurance Cancer Crusade (WICC)’s 25th anniversary, Canadian Underwriter will be publishing each Friday a personal story of someone who has been touched by WICC’s fundraising activities in support of cancer care…
Why avid cottagers should consider standalone coverage
July 29, 2021 by Jason ContantAvid cottage enthusiasts may benefit from some of the “bells and whistles” offered in a standalone policy, as opposed to simply attaching their recreational homes to existing homeowner policies, according to a lifestyle insurance expert at Aviva Canada. Benefits of…
Intact’s latest observations on driving habits during pandemic
July 29, 2021 by Greg MeckbachWhile more than 100,000 Canadians a day are getting their COVID-19 shots, Canada’s biggest auto insurer is noticing an increase in driving activity but things are not quite back to normal. “Driving activity has been on the rise since early…
Court clarifies definition of ‘newly acquired automobile’ in motorcycle accident case
July 29, 2021 by Jason ContantA newly acquired motorcycle is considered a “newly acquired automobile” for the purpose of accident benefits under the Ontario Automobile Policy (OAP 1), a panel of three Ontario judges has found. The Divisional Court considered a statutory appeal of the…
N.S. politicians critiqued for vague response to threat of rising seas
July 29, 2021 Michael Tutton - THE CANADIAN PRESSHALIFAX – As Nova Scotia’s provincial election campaign has unfolded amid deadly heat waves in Western Canada and catastrophic flooding in Europe, the topic of preparing the province for its own potential weather disasters has been submerged by other issues.…
FIRST ONSITE Welcomes Two New Hires: Daniela Francia, Director of Commercial Business Development and Craig Smith, Director of Commercial Business Development
July 29, 2021 FirstOnSiteMISSISSAUGA, ON, JULY 29, 2021/insPRESS/ – FIRST ONSITE is proud to introduce two new members to our business development team, Daniela Francia and Craig Smith. Both have come with a solid and keen understanding of how to partner and deliver…
NFP partnership aims to support aerospace clients in Canada
July 28, 2021 by Jason ContantLarge brokerage NFP Corp. has joined forces with Piiq Risk Partners to form an exclusive Canadian partnership. With a strategic focus on the aerospace and aviation industries, the collaboration will provide solutions and services to the Canadian operations of global…