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How commercial office buildings can improve their flood resilience

November 20, 2019 by Jason Contant

If your client is a commercial real estate building owner or manager in Canada, there are some major retrofits they can take to improve their flood resilience. While many of the measures – such as elevating and flood-proofing critical equipment,

News InsuranceLegal

What it takes to be convicted of driving with no insurance

November 20, 2019 by Greg Meckbach

When an Ontario motorist fails to produce proof of insurance and is charged as a result, police do not have to prove the vehicle is actually uninsured. So says Justice David Rose of the Ontario Court of Justice in R.

News Insurance

What industries are being hit harder than others in this market?

November 20, 2019 by Adam Malik

Being a commercial broker in today’s environment is presenting unique challenges as some markets are feeling the effects of a difficult cycle more than others, says one broking leader. The current market isn’t a hard one in a traditional sense,

News InsuranceLegislation / RegulationRisk

Saskatchewan more than doubles distracted driving penalties

November 20, 2019 The Canadian Press

REGINA – Fines for distracted driving are more than doubling in Saskatchewan. The government has introduced stiffer penalties for drivers caught using their cellphones, although the changes won’t apply until next February. Saskatchewan Government Insurance is increasing the cost of

insPRESS Insurance

Oracle RMS To Offer Their Clients A New Commercial Insurance Digital Buying Experience

November 20, 2019 by Joseph Huynh

CONCORD, ON, November 20, 2019/InsPRESS/ — Oracle RMS announced it will offer a digital insurance buying experience, using APOLLO’s Exchange technology. APOLLO digitizes insurance products from leading carriers and makes them available to forward thinking brokerages such as Oracle RMS

News Insurance

What worried drivers are not doing as winter hits

November 19, 2019 by Adam Malik

Many drivers in British Columbia are not taking proper precautions to get their vehicles ready as winter weather hits, despite admitting they’re nervous about driving in icy and snowy road conditions, according to a new survey. The British Columbia Automotive

News InsuranceProductsTechnology

What these ‘non-traditional’ insurance products will look like

November 19, 2019 by Greg Meckbach

As an increasing number of your clients come from cohorts younger than Generation X, the availability of non-traditional insurance products is going to increase, an insurtech industry watcher suggests. “I think we are increasingly going to see the development of

News ClaimsInsurance

This is how much fire following an earthquake in Montreal could cost

November 19, 2019 by Jason Contant

A severe earthquake in the Montreal area could cause between $10 billion and $30 billion in economic losses from fire damage, according to a new study from the Institute for Catastrophic Loss Reduction (ICLR). “This loss would be virtually fully

News BrokersCommercial LinesConstructionInsurance

CSIO finalizes standard set of questions for underwriting this commercial line

November 19, 2019 by Jason Contant

The Centre for Study of Insurance Operations’ (CSIO) commercial lines working group has finalized a standard set of questions required for underwriting small contractor new business submissions. “This is a significant step in implementing commercial lines data standards in the

insPRESS AnnouncementsInsurance

North Kent Mutual Insurance Company (NKMI) launches Online Quoting through Cognition+ for Consumers and Agents

November 19, 2019 Cognition+

Dresden, ON, Nov. 18, 2019/InsPress/ – North Kent Mutual Insurance Company has launched an Online Quoting Solution (OQS) for consumers and their Agents.  The solution, https://onlinequote.nkminsurance.com, provides a secure web based access through their current website leveraging the software solutions

insPRESS Insurance

2020 is looking clear… of receivables with FIRST Canada

November 19, 2019 by FIRST Insurance Funding of Canada

Toronto,ON, Nov. 19, 2019/InsPress/ Offer all your current and backdated accounts payment options from FIRST Insurance Funding of Canada (FIRST Canada) and clear up all your outstanding receivables backdated up to 120 days. Your clients are pre-approved Offer payment plans

News Insurance

What else needs to be paired with the new traffic enforcement plan?

November 18, 2019 by Adam Malik

Toronto’s top cop has admitted that having fewer traffic officers has led to an increase in collisions and deaths on city streets. Insurance industry data backs that up, and Insurance Bureau of Canada (IBC) hopes a concerted effort that includes