Topic
Insurance
Fool’s errand: Why it’s difficult to estimate a return to the office
April 3, 2020 by Adam MalikReliable data related to the COVID-19 pandemic is hard to come by. That’s why “flattening the curve,” as health experts put it, and predicting a timeline to return to life similar to one pre-crisis is an exercise in futility, says…
How COVID-19 is probably affecting your auto claimants
April 3, 2020 by Greg MeckbachThe precautions underway to reduce COVID-19 transmission risk appear to be having a direct impact on auto accident benefits claimants – and not in a good way. “We have people who are seriously and catastrophically injured who are in their…
Early lessons learned from the pandemic: Global demand surge
April 3, 2020 by David GambrillCanada’s P&C industry is used to planning for demand surges in times of disaster, but the demand for resources during the global COVID-19 pandemic is on a totally different scale. “Generally, I think people associate business continuity plans with isolated…
How much auto sales have dropped recently because of COVID-19
April 3, 2020 The Canadian PressTORONTO – DesRosiers Automotive Consultants Inc. says auto sales plunged 48 per cent in March from last year because of the Covid-19 pandemic. The consultancy says March sales looked to be only declining moderately for the first half of the…
Angela Petersen Joins Origin and Cause in BC
April 3, 2020 by George CostandiVancouver, B.C., April 3, 2020/InsPress/ – Origin and Cause, is pleased to announce that Angela Petersen, Fire and Explosion Investigator, has joined our BC team, serving our clients on Vancouver Island. “Since opening our first office in British Columbia 18 months…
Northwest Territories Approves Electronic Proof of Auto Insurance
April 3, 2020 by CSIO (Centre for Study of Insurance Operations)Toronto, ON, April 3, 2020/InsPress/ – The Superintendent of Insurance of the Northwest Territories has approved the use of Electronic Proof of Auto Insurance, or eSlips, in the territory. This approval allows drivers in the territory with the option to…
Who are the P&C industry’s heroes during the pandemic?
April 2, 2020 by David GambrillExtraordinary leadership and acts of compassion during the current global COVID-19 pandemic have spanned far and wide, both within the Canadian property and casualty insurance industry and beyond, Canadian Underwriter discovered in a recent survey. More than 200 P&C industry…
How Aviva is responding to dentists’ COVID-19 claims
April 2, 2020 by Greg MeckbachAviva Canada is promising guidance to dentists who want to submit claims arising from provincial government orders shutting down non-essential services. Aviva writes TripleGuard, a property and casualty insurance product for dentists provided by CDSPI, originally known as Canadian Dental…
Will COVID-19 affect the timing of Economical’s IPO?
April 2, 2020 by Greg MeckbachEconomical Insurance continues to work on converting from a mutual to a publicly traded firm, but officials with the Waterloo, Ont. carrier are keeping a close eye on the stock markets. “The outbreak of COVID-19 has adversely affected economic and…
Governments looking at further restrictions on people and businesses
April 2, 2020 Colin Perkel - THE CANADIAN PRESSTORONTO – An already grim economic and employment toll looked set to worsen Thursday as authorities pondered further tightening restrictions on people and businesses aimed at curbing the spread of the COVID-19 pandemic. Prime Minister Justin Trudeau said too many…
Returning to profitability
April 2, 2020 Greg Meckbach, Associate EditorStéphane Lespérance, president of commercial risk and health solutions at Aon Canada, gives his take on recent trends in pricing, cyber coverage and the use of artificial intelligence. cu | Is commercial insurance in a hard market? I would call…
Educating yourself about flood coverage while cooped up at home
April 1, 2020 by Greg MeckbachLooking for a free course that will give you continuing education credits without having to leave your house? The Intact Centre on Climate Adaptation recently launched a 1.5-hour online home flood risk course for brokers anywhere in Canada. “It helps…