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News BrokersInsuranceLegislation / Regulation

What COVID-19 means for your insurance education

March 26, 2020 by David Gambrill

COVID-19 has shifted the Insurance Institute of Canada’s April exam session into the first three weeks of June, a move that affects students taking winter semester courses in the Institute’s Chartered Insurance Professional (CIP), General Insurance Essentials (GIE) and Risk

insPRESS Insurance

AXIS Insurance strengthens Canadian casualty underwriting unit with senior hire

March 26, 2020 by rosemary

New York, NY, March 26, 2020/InsPress/ – AXIS Insurance, a business segment of AXIS Capital Holdings Limited (NYSE:AXS), has appointed Andrew Johnson as Casualty Underwriting Lead for the segment’s Canadian market casualty insurance business. Mr. Johnson is based in Toronto

News BrokersInsurance

HUB’s advice to corporate clients who don’t have COVID-19 coverage

March 25, 2020 by Greg Meckbach

Hub International is encouraging corporate clients to report business interruption losses arising from COVID-19 even if they think those claims will likely be denied. “This way, the insurance companies can provide the official response,” said Mike Moyer, Toronto-based senior vice

News BrokersInsurance

The challenges of closing your doors in smaller communities

March 25, 2020 by Adam Malik

Gillons Insurance has 11 offices throughout Northern Ontario, but several are located in communities with around 1,000 (and sometimes fewer) people. And so closing their doors to walk-in clients is a big deal to people living in the area. In

News InsuranceLegislation / Regulation

How COVID-19 is changing insurance transactions in B.C.

March 25, 2020 by Jason Contant

The COVID-19 pandemic sweeping across the globe and here at home is changing the way auto insurance transactions are conducted in British Columbia. Last week, the government of British Columbia announced it would allow certain auto insurance transactions, such as

News Insurance

What Canada’s brokers have asked of insurers on behalf of Canadians in dire straits

March 25, 2020 by David Gambrill

Canada’s national broker association issued an open letter to its insurer partners this week, recommending flexible payment options and emergency coverage extensions for clients in need, as well as support for single-office brokerages disabled by an outbreak of COVID-19 requiring

News Insurance

Can New Brunswick handle spring flooding during COVID-19 crisis?

March 25, 2020 The Canadian Press

FREDERICTON – New Brunswick’s premier says his government will do what’s necessary to protect citizens if there is spring flooding while the COVID-19 crisis is still underway, and that could mean calling in the military. “We’re watching it very closely

insPRESS AnnouncementsInsurance

Crawford update on business operations following mandatory closure notices in Quebec and Ontario

March 25, 2020 Crawford & Co.

TORONTO, ON, March 25, 2020/InsPress/– Crawford & Company (Canada) Inc. announced modifications to business operations across Canada following Monday’s provincial government orders in Quebec and Ontario to close non-essential businesses and workplaces. “Crawford has been preparing for scenarios like this

News BrokersInsurance

Why it matters that insurance is declared to be an “essential service”

March 24, 2020 by Adam Malik

The insurance industry will continue to operate as an essential service after Quebec and Ontario issued orders for many companies to close their doors due to the COVID-19 pandemic. And that’s a relief for consumers, brokers and insurers, say industry

News InsuranceMergers and Aqcuisitions

The impact of the pandemic on insurance mergers

March 24, 2020 by Greg Meckbach

Brokerages negotiating a merger or acquisition don’t have to stop because of the COVID-19 pandemic, a Canadian M&A advisor suggests. “A good deal can get done. I suspect it may take a bit longer,” said Georges Pigeon (pictured), Montreal-based deal

News BrokersInsurance

Will commercial BI policies cover pandemics after COVID-19?

March 24, 2020 by David Gambrill

Will COVID-19 cause Canada’s property and casualty insurance industry to start introducing pandemic business interruption coverage, in much the same way Calgary’s 2013 floods prompted the industry to introduce overland flood coverage into home insurance policies? Don’t count on it.

News ClaimsInsurance

How Intact will handle claims in an era of social distancing

March 24, 2020 by Adam Malik

Intact is assuring clients and brokers that they are “working around the clock” to keep the claims journey moving forward with as little interruption as possible. “We have mobilized our claims department to be there for our brokers and customers,