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insPRESS Insurance

Kernaghan Adjusters Lee Vevers CIP, is appointed to Branch Manager, Surrey

July 11, 2019 by Kernaghan Adjusters

VANCOUVER, July 10, 2019/insPRESS/ – Kernaghan Adjusters, a recognized leader in the field of claims adjustments in Canada, is pleased to announce the appointment of Lee Vevers to Branch Manager of our Surrey, B.C. office. Lee Vevers joined Kernaghan Adjusters

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Bank of Canada holds interest rate, warns of drag from global trade tensions

July 10, 2019 Andy Blatchford - THE CANADIAN PRESS

OTTAWA – The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with an expanding global slowdown caused by trade conflicts. The decision Wednesday kept the interest rate at 1.75 per

News Insurance

How carbon monoxide poisoning affects hotel liability risk

July 10, 2019 by Greg Meckbach

A carbon monoxide accident at a hotel could easily lead to a liability claim in the millions, an insurance lawyer says. On Tuesday, 46 people were taken to several Winnipeg hospitals after a carbon monoxide leak affecting a three-story Super

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U.K. tech company acquires Canadian broker software provider

July 10, 2019 by David Gambrill

B.C.-based Zycomp Systems Limited, a Canadian software provider widely known for its broker management system Power Broker, has been acquired by Acturis Group, a London, U.K.-based software as a service (SaaS) provider. Founded in 2000, Acturis provides technology solutions to

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How slip-and-fall lawsuit rules could change in Ontario

July 10, 2019 by Greg Meckbach

Defending personal injury claims arising from slips and falls on ice could become easier for your Ontario clients this winter, based on a proposed change to the province’s deadline for serving notice about starting such lawsuits. In Ontario, plaintiffs wanting

insPRESS Insurance

Sharon Bajwa joins Apollo Insurance as Business Development Manager

July 10, 2019 by David Dyck

TORONTO, July 10, 2019/InsPress/ — Sharon Bajwa has joined Apollo Insurance Solutions Ltd. as Business Development Manager, effective July 8, 2019.  Bajwa brings over 10 years of insurance industry experience to the role, most recently  at the largest premium financing

insPRESS Insurance

ClaimsPro Expands in Southern Alberta with addition of Lloyd Stiles Rossier, Special Risk Loss Adjusting

July 10, 2019 by SCM Insurance Services

CALGARY, July 8, 2019/insPRESS – ClaimsPro, Canada’s leading provider of independent claims adjusting services and an SCM company, welcomes niche adjusting firm Lloyd Stiles Rossier (LSR), Special Risk Loss Adjusting in Calgary, AB to its ranks.  Effective July 15, 2019,

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Premier promises to take PST off home insurance

July 9, 2019 by Adam Malik

Insurance premiums are taking a starring role in Manitoba’s provincial election. Manitoba Premier Brian Pallister has pledged to drop provincial sales tax from home and renters’ insurance should he be re-elected in this fall’s election. The announcement received positive reviews

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Optional benefits priority ruling could create “administrative nightmare” for auto insurers

July 9, 2019 by David Gambrill

An insurance defence lawyer is warning of a potential “administrative nightmare” for insurers in light of a recent Court of Appeal for Ontario decision on priority disputes involving optional benefits. Continental Casualty Company v. Chubb in Ontario is now becoming

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Two problems insurtech could solve for existing players

July 9, 2019 by Greg Meckbach

Attracting talent and putting legacy data to good use are two of the ways insurtech can help the industry, a claims professional says. Chris Hampshire, vice president of carrier practice at claims services provider Gallagher Bassett Services Inc., was asked

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Paid Risks emerging for Canadian enterprises, and so are solutions

July 9, 2019 Urs Uhlmann

  From the breathtaking forests in British Columbia, to the natural resources of the Prairies, to the high-tech sector in Montreal and Toronto, Canada is a vast country with diverse risks. For the insurance industry, Canada represents an array of

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How auto manufacturers could write insurance in Canada

July 9, 2019 by Greg Meckbach

If a vehicle manufacturer wants to write auto insurance in Canada, it would need to have a subsidiary that is approved by the government to write insurance, says Ottawa’s insurance regulator. Asked whether an auto manufacturer can insure P&C risks