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Auto insurers, province dispute whether B.C.’s Bill 11 limits competition

July 9, 2020 by David Gambrill

The Insurance Bureau of Canada (IBC) has published an open letter to British Columbia Premier John Horgan, outlining concerns that the province’s Bill 11 may “stifle the limited competition that currently exists in BC’s optional auto insurance market,” a claim

insPRESS Insurance

APOLLO adds online standalone general liability insurance for realtors to the Exchange

July 9, 2020 by David Dyck

TORONTO, ON, JULY 9, 2020/insPRESS — Apollo Insurance Solutions Ltd., (“APOLLO”) Canada’s largest online insurance marketplace, has partnered with AXIS Insurance, a business segment of AXIS Capital Holdings Limited (NYSE:AXS), to add standalone general liability insurance for realtors to the

News BrokersInsuranceRisk

Commercial clients want your advice on how to re-open safely. What do you tell them?

July 8, 2020 by David Gambrill

As provincial governments across Canada begin to fire up their local economies in staged phases, Canadian businesses are asking their brokerages for advice on how to re-open safely. Aon Canada is already engaged in these sorts of their discussions with

News Insurance

The Aviva contagious disease policy wording at issue in class action BI coverage dispute

July 8, 2020 by Greg Meckbach

The question of whether non-essential businesses that closed during the pandemic are entitled to claim insurance – specifically, for cover arising as a direct result of an outbreak of contagious or infectious disease within 25 kilometres that is required by

News Insurance

Where Calgary’s $1.2-billion hailstorm ranks among Canada’s largest insured disasters

July 8, 2020 by David Gambrill

The June 13 Alberta storm that hit Calgary, Airdrie, Rocky View County is now officially the worst hailstorm in Canadian history, causing almost $1.2 billion in insured damages, according to Catastrophe Indices and Quantification Inc. (CatIQ). And on the all-time

News Insurance

Bar owners that offer rare wine and spirits carve takeout business model

July 8, 2020 Salmaan Farooqui -  THE CANADIAN PRESS

TORONTO – Bar and restaurant owners who deal in specialty alcohol say they’ve carved out a new business model around Ontario’s relaxed rules for takeout liquor, and they’ll fight to make the system permanent. In late March, the Ontario government

News Insurance

Paid What brokers want from their carriers during the pandemic

July 8, 2020 Liberty Mutual Canada

As COVID-19 changes the world, brokers need carriers that will change along with it. For brokers, successful carriers during and beyond the global pandemic will be the ones excelling at the three ‘As’ — accessibility, agility and authority (underwriting). And

News Insurance

P&C leaders fire back against no-fault portrayal

July 7, 2020 by Adam Malik

Broker and insurer leaders in Alberta are speaking out against those who would paint the insurance industry as nefarious actors looking to line their pockets at the expense of auto policyholders. In particular, they dispute what they feel are negative

News Insurance

Navacord expands east into three more provinces

July 7, 2020 by Greg Meckbach

With four new partnerships announced July 6, commercial brokerage Navacord now has offices in Prince Edward Island, Nova Scotia and New Brunswick. “We are now coast to coast,” Navacord executive chairman T. Marshall Sadd said Monday in an interview. Cooke

News Insurance

More class actions headed to court over pandemic business interruption

July 7, 2020 by Greg Meckbach

Class actions asserting pandemic BI insurance coverage are starting to mount in the ‘In’ baskets of Canada’s insurance defence bar. Most recently, Koskie Minsky announced July 6 that it will be one of two firms (the other being Merchant Law)

News ClaimsInsuranceLegal

How an insurer in an “underinsured” auto case reduced its exposure by more than $452K

July 7, 2020 by David Gambrill

An Ontario auto insurer in an underinsured accident case is entitled to make a subrogated claim against a third party – in this case, a bartender who was found 11% responsible for a fatal car crash — even though its

News Insurance

Quebec health minister threatens to lock down bars if COVID rules are violated

July 7, 2020 Sidhartha Banerjee - THE CANADIAN PRESS

MONTREAL – Quebec’s health minister threatened owners of bars and other venues across the province on Monday, saying he won’t hesitate to shut them down if COVID-19 public health directives are not followed. Describing the scenes at some establishments over