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Claimant loses appeal over whether Ontario court can hear bad-faith claim

July 24, 2019 by Greg Meckbach

When the Ontario government moved accident benefits dispute resolution to the Licence Appeal Tribunal in 2016, it did not intend for two similar issues in a disputed claim to be adjudicated both in court and before the LAT, the Court

insPRESS Insurance

Victor Lange joins Apollo Insurance as Chief Operating Officer

July 24, 2019 by David Dyck

VANCOUVER, BC, July 24, 2019/InsPress — Victor Lange has joined Apollo Insurance Solutions Ltd. as Chief Operating Officer, effective July 24, 2019. Lange brings over 20 years of industry experience to the leadership role, including over a decade of senior

News BrokersInsurance

Navacord becomes sole Canadian affiliate of global broking business

July 23, 2019 by David Gambrill

Navacord, one of Canada’s largest commercial brokers, has joined global broking business Brokerslink as its latest affiliate in the North American region. Navacord trades under 15 different broker partner brands across Canada. Its unique ownership model is designed to support

News InsuranceMarkets / Coverages

Are you cross-selling enough?

July 23, 2019 by Jason Contant

Cross-selling is a huge untapped potential for insurers, particularly since consumers overwhelmingly want a single insurer to meet all of their policy needs, according to a new survey. Insurers frequently contact their customers, though rarely for cross-selling. In Canada only

News AssociationsCommercial LinesInsurance

Why are a growing number of trucking fleets winding up in Facility Association?

July 23, 2019 John G. Smith

Editor’s Note: This article is reprinted with permission from Truck News   A national review by Facility Association, an insurer of last resort for fleets that can’t secure coverage elsewhere, is looking to keep trucking companies from misrepresenting themselves when

News Climate ChangeCommercial LinesInsuranceLegislation / Regulation

Top 2 priorities for Canadian commercial insurers

July 23, 2019 by David Gambrill

Two major issues facing personal lines insurers – auto and climate change – are similarly vexing commercial insurers, says Insurance Bureau of Canada (IBC)’s new board chair, Silvy Wright. And working with Canadian insurance regulators will be key to responding

News Insurance

How Alberta’s current tornado season compares to past years

July 23, 2019 Daniela Germano - THE CANADIAN PRESS

EDMONTON – Alberta storm chaser Chris Kiernan has hardly had a moment’s rest since the start of the tornado season last month. “This season has been quite more active,” said Kiernan, who is based out of Beaumont, Alta., about 30

News InsuranceRisk

Three reasons innovation labs almost always fail

July 22, 2019 by Jason Contant

Lack of alignment with the business is one of the three main reasons innovation labs fail, according to Simone Bhan Ahuja, an author, speaker and founder of innovation advisory Blood Orange. The lack of metrics to track success and lack

News Insurance

Fairfax replaces Allied World CEO

July 22, 2019 by Greg Meckbach

Scott Carmilani, until recently CEO of Allied World Assurance Company Holdings GmbH,  has a new role with Fairfax Insurance Group, Toronto-based Fairfax Financial Holdings Ltd. announced last week. Fairfax owns about two-thirds of Zug, Switzerland-based Allied World. Replacing Carmilani as CEO

News InsuranceMarkets / CoveragesMGAs

Here’s why insurance for social media influencers is growing

July 22, 2019 by Jason Contant

Media personality Kylie Jenner caused a stir last year when she asked on Twitter if anybody still uses messaging app Snapchat. “She’s obviously such a strong [social media] influencer that I think it was alleged that she single-handedly wrote $1.3

News Insurance

Multiple homes evacuated after Winnipeg fire destroys warehouse

July 22, 2019 THE CANADIAN PRESS

WINNIPEG – A central Winnipeg warehouse that covers a full city block has been destroyed by an overnight fire. Emergency officials say the flames had spread through a large part of the building by the time crews arrived shortly before

News InsuranceLegal

How diligent note-taking helped this broker defend a lawsuit

July 22, 2019 by Greg Meckbach

Keeping meticulous files is one reason an Ontario cottage country brokerage was largely successful in defending a lawsuit from a homeowner client. In Monk v. Farmers’ Mutual Insurance Company (Lindsay) released this past Friday, the Court of Appeal for Ontario