Canadian Underwriter

Topic
Insurance


News InsuranceTechnology

The next steps to making IBAC Data Exchange a reality

August 3, 2018 by Greg Meckbach

Brokers who spend too much time typing information into two different computer systems are getting help from the Insurance Brokers Association of Canada, and IBAC is looking for help on some new working groups. IBAC aims to have some working

News InsuranceLegalRisk

Court balks at auto injury medical expert witness fee

August 3, 2018 by Greg Meckbach

When a motorist gets sued by an accident victim, should the defendant be ordered to pay $5,000 to reimburse the plaintiff for half a day’s court testimony from a plaintiff’s doctor? A British Columbia court official says no. Gary Senner

News InsuranceRisk

Death serves as strong reminder of homeowners’ alcohol liability risk: Police

August 3, 2018 The Canadian Press

LEITCHES CREEK, N.S. – Charges have been laid after a 17-year-old boy was struck and killed while walking home from a Cape Breton grad party, as a police chief denounced the “misinformation” circulating after the crash. Cape Breton Regional Police

insPRESS Insurance

On Side Restoration Announces New Niagara Branch Open as of July 2018

August 3, 2018 by On Side Restoration Services Ltd.

NIAGARA, Ontario, August 3, 2018 /insPRESS/ – On Side Restoration Services Ltd. is pleased to announce that their new Niagara Falls/ St. Catharine’s Branch, which serves the Niagara Peninsula Region is now open as of late July 2018. The Niagara Branch

News Insurance

Ontario’s plans for auto insurance reform still under wraps

August 2, 2018 by Greg Meckbach

A month after being sworn into office, Ontario’s new political rulers have been silent on the issue of auto insurance reform. “We haven’t heard anything formal yet from government,” confirmed Pete Karageorgos, the director of consumer and industry relations for

News Earnings / RatingsInsuranceLegislation / RegulationMarkets / Coverages

Aviva Canada’s plan to decrease its exposure in Ontario auto

August 2, 2018 by David Gambrill

Aviva Canada is diversifying its portfolio of business to avoid exposure to deteriorating conditions in Ontario’s auto insurance market. “When you look at Aviva’s business in Canada, there’s a heavy concentration in Ontario auto,” Aviva Canada president and CEO Colm

News Insurance

Insurance Hunter, Southland among brokers now owned by Hub

August 2, 2018 by Greg Meckbach

A Windsor, Ont.-based online brokerage that promises consumers seven quotes in three minutes is one operation now owned by Hub International Ltd. Chicago-based Hub announced Thursday it has acquired the property and casualty business of Cypher Systems Group, the corporate

News ClaimsInsurance

New Brunswick receives federal aid following spring flooding

August 2, 2018 The Canadian Press

FREDERICTON – New Brunswick is getting $39 million from Ottawa as it continues to recover from this spring’s historic floods. The province says the federal money will help cover response and recovery costs. In a news release, Deputy Premier Stephen

News BrokersInsuranceMergers and Aqcuisitions

Western acquires Toronto brokerage, deepens expansion into Ontario

August 1, 2018 by David Gambrill

Western Financial Group Inc. continues to expand in Ontario, acquiring Toronto-based DMW Insurance Ltd. “As the largest insurance broker in western Canada, we recognize the importance of being able to bring our expertise and care for customers into Ontario, the

News InsuranceProductsTechnology

TechCanary incorporates in Canada, eyes future expansion

August 1, 2018 by Jason Contant

Milwaukee-based insurtech company TechCanary has incorporated in Canada, with headquarters in Laval, Que. and an eye to opening another office in Toronto. TechCanary CEO and co-founder Reid Holzworth told Canadian Underwriter Tuesday that “it’s not planned yet, but we’ll open

News InsuranceLegal

The danger of lying about gender for cheaper auto insurance

August 1, 2018 by Greg Meckbach

If a young male motorist is thinking of telling his insurer he is female for the sole purpose of getting a lower rate, there is some simple advice a broker can give: Don’t do it. This is because a motorist’s

News AssociationsBrokersInsuranceTechnology

Why carriers should share with their competitors

August 1, 2018 by Greg Meckbach

Insurance carriers selling through brokers should share, with competitors, some of the software they make to exchange data with brokers’ computer systems, speakers suggested Wednesday at the Data Exchange (D/X) launch. “We need to communicate more quickly and efficiently with