Canadian Underwriter

Topic
Insurance


News Insurance

Insurtechs ‘hitting this wall called regulation’

September 16, 2019 by Greg Meckbach

Despite the hoopla over insurtech, the Amazon model of commerce is not about to replace the broker any time soon, analysts with A.M. Best Company Inc. told Canadian insurance professionals. “A lot of what these insurtech companies are getting to

News InsuranceProfessional Development

She captured women’s feelings in the workplace with this response

September 16, 2019 by Adam Malik

Christine Lithgow had one simple response to her employer when they offered her a position that was junior in comparison to the one she left six years prior after the birth of her first child. “I had to remind them:

News AdjustersClaimsInsurance

One key factor in creating a great customer experience

September 16, 2019 by Jason Contant

Want to create an excellent customer experience for your clients? Make sure you are picking the right vendors, says Hans Reidl, senior vice president of claims with Economical Insurance. “The supply chain… are the ones that are actually doing the

News Insurance

Judge in Calgary drunk driving case worried about attitude to impaired driving

September 16, 2019 THE CANADIAN PRESS

CALGARY – A Calgary judge who has ordered a lengthy prison term for a woman convicted in a drunk-driving crash that killed a young man says Canadians are not getting the message about the dangers of driving impaired. Court of

News Insurance

Paid Why your clients need personal umbrella coverage

September 16, 2019 Graham Haigh, VP, Broker Distribution, Wawanesa Insurance

  Convincing someone that they could have more coverage than they do now – often for less money – should be a slam dunk. Right? That’s exactly what personal umbrella policies offer. So why aren’t they more popular? Let’s break

News Insurance

Engineers approve plan to begin removal of Halifax crane toppled by Dorian

September 13, 2019 THE CANADIAN PRESS

HALIFAX _ Nova Scotia’s Labour minister says work will begin this weekend to remove a huge construction crane that collapsed in Halifax during Hurricane Dorian. Labi Kousoulis says a structural engineering report has been completed and approved by his department

News InsuranceLegal

Judges & insurers disagree: Who really rented this truck?

September 13, 2019 by Greg Meckbach

A 2018 Ontario court ruling in favour of Wawanesa, arising from a collision involving a truck rented to deliver furniture, has been overturned on appeal. On Oct. 29, 2010, Hy Kiet Liu was in a vehicle that was rear-ended by

News InsuranceMarkets / CoveragesProducts

Does product innovation require a change in coverage?

September 13, 2019 by Jason Contant

Remarkable product innovation can occur without really ever changing the core coverage of the product, Marc Lipman, chief operating officer at AIG Insurance Company of Canada, said Tuesday at the Connected Insurance Canada conference. He used the example of travel

News CatastrophesClaimsInsurance

Have insured cat losses already reached $1 billion this year?

September 13, 2019 by Jason Contant

The “alarming trend” towards increasingly severe and frequent weather events causing higher insurance payouts continues in 2019, with close to $900 million in insured losses recorded already so far this year. In 2018, insured damage from severe weather across Canada

News Insurance

How bad the industry’s loss has been in 2019 so far

September 13, 2019 by Greg Meckbach

The Canadian property and casualty industry lost money on underwriting during the first six months of 2019 – a performance worse than 2016, when Fort McMurray was devastated by wildfire, A.M. Best Company Inc. reported Friday. “2019 could be another

insPRESS Insurance

Professional Liability package for CrossFit instructors launched on the Apollo Exchange

September 13, 2019 by David Dyck

TORONTO, ON, Sept. 13, 2019/InsPress/  — Apollo Insurance Solutions Ltd. is pleased to announce that through partnership with Trisura Guarantee Insurance Company, it now offers a Liability insurance package for CrossFit instructors through the Apollo Exchange. Like all products featured

News Insurance

Mother on hook after son crashes rented minivan

September 12, 2019 By Colin Perkel - THE CANADIAN PRESS

TORONTO – A woman who rented a minivan is on the hook for thousands of dollars after her son, who had a suspended licence, got behind the wheel and crashed, an Ontario judge has ruled. The Superior Court ruled that