Topic
Insurance
Why this Uber driver was not injured in an auto accident
February 26, 2024 by David GambrillAn Uber driver who slipped on ice when helping a passenger load the trunk was not involved in an auto ‘accident,’ the Ontario Licence Appeal Tribunal has ruled. The ruling is consistent with a trend in Ontario case law over…
As planet warms, ferocious snowfalls like the one that hit Nova Scotia could increase
February 26, 2024 Hina Alam, The Canadian PressATLANTIC CANADA – Forecasters say a warming global climate could actually cause some parts of Canada to see colder conditions, including heavy snowfalls like the one that hit parts of the Maritimes this week. There’s a direct relationship between the…
CRU GROUP Welcomes New Vice President & U.S. CAT Director
February 26, 2024 CRU GROUPDALLAS, TX, FEBRUARY 26, 2024/insPRESS/ – David Repinski, CEO of CRU GROUP, today announced that Eduardo Weigend has joined the Company as Vice President & CAT Director for its operations in the United States. With over 10 years of…
Intact CEO’s take on fear of auto rate cap contagion
February 23, 2024 by David GambrillIntact CEO Charles Brindamour does not anticipate Alberta’s auto rate cap will bleed over into Ontario’s private auto insurance sector. “There’s always a risk,” Brindamour told Mario Mendonca, managing director of equity research at TD Cowen, during a fireside chat…
What the B.C. government promised in disaster mitigation funding
February 23, 2024 by Alyssa DiSabatinoThe British Columbia government announced Thursday it’s investing $405 million over four years to better prepare the province for disaster mitigation and climate emergencies. The budget includes a breakdown for how government will respond to specific disasters and evacuation. …
Will bigger vehicles lead to bigger claims?
February 23, 2024 Philip PoradoWith accident rates climbing, one growing area of concern is that vehicles are becoming much larger. For example, rapid changes in vehicle specs mean full-size SUVs from 1999 would today meet the gearhead moniker of ‘Cute Ute.’ With sport utility…
Upcoming wildfire season could be worse than last year, federal minister says
February 23, 2024 Anja Karadeglija, The Canadian PressOTTAWA – Provincial, territorial and federal emergency response ministers have wrapped up two days of meetings in Ottawa. That included talks on the upcoming wildfire season, which is already getting an early start in Alberta. Federal Emergency Preparedness Minister Harjit…
Sports insurers urged to consider video review
February 22, 2024 by David GambrillA legal firm urges sports insurers to require their sports association clients to install cameras to record the action, following the B.C. Court of Appeal’s January 2024 decision in Cox v. Miller. In Cox v Miller, the court found Karl…
Employees may dig their heels in on hybrid work
February 22, 2024 Alyssa Di SabatinoWorking five days a week in an insurance office is a thing of the past, industry experts are saying. But P&C industry leaders are still debating whether client experience, workplace culture, and productivity gels with a hybrid work model. “Within…
FSRA’s first non-auto P&C supervision plan to include review of MGAs
February 22, 2024 by Alyssa DiSabatinoOntario’s insurance regulator is launching a review of P&C insurers’ managing general agent (MGA) outsourcing practices as part of its first non-auto P&C supervisory plan. “Given the risks and oversight concerns involved, insurer outsourcing to P&C MGAs is a priority…
Federal government announces $15 million to combat car thefts across Canada
February 22, 2024 The Canadian PressMONTREAL – The federal government is committing an additional $15 million over three years to fight the rise in vehicle thefts across the country. Minister of Public Safety Dominic LeBlanc made the announcement yesterday in Montreal. LeBlanc said $9 million…
Managing insurer concerns about knob-and-tube wiring
February 21, 2024 Brian Cook, PowerCheckMost insurers see homes with knob-and-tube wiring, aluminum wiring, and 60-amp service as high-risk, which prevents clients with those systems from easily obtaining home insurance. But are wiring types and service levels really the culprits causing fires? I’ve examined electrical…