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Condo deductibles need to be clearer: provincial regulator

November 6, 2018 by Jason Contant

Proposed regulations on deductibles for condominium insurance in Quebec need to be clear, affordable and consider the number of units in the building, the province’s self-regulatory body for brokers, agents and claims adjusters said Monday. “The government is saying, ‘Well,

News Insurance

Brokers give performance-based pay a thumbs-up

November 6, 2018 by David Gambrill

This story is one in a series reporting on the results of 2018 National Broker Survey, conducted by Canadian Underwriter. The survey of more than 800 P&C brokers nationally was designed to identify the success strategies of both producers and principals. Find other instalments in the

News Insurance

Why this marine cargo claim ended up in Canadian court

November 6, 2018 by Greg Meckbach

Can a marine cargo policy cover damage to goods when they are transported thousands of kilometres by truck? This question will likely be considered by the Ontario Superior Court of Justice. A disputed claim – under a marine cargo policy

News InsuranceLegislation / Regulation

Legislature defeats bill quashing territorial ratings in Toronto area

November 5, 2018 by Greg Meckbach

If you have clients living in Brampton or near the intersection of Jane St. and Finch Ave., they will probably continue paying more for auto insurance than if they lived elsewhere in the Greater Toronto Area. A bill proposing to

News AppointmentsInsuranceMarkets / Coverages

Canadian travel insurance provider names new CEO

November 5, 2018 by Jason Contant

Travel insurance and assistance provider Allianz Global Assistance Canada (AGAC) has appointed Chris Van Kooten as chief executive officer, effective immediately. Van Kooten brings extensive insurance industry experience to his new position, having held executive leadership roles with several Canadian

News InsuranceLegal

Top court could hear disputed claim arising from $550-million ponzi scheme loss

November 5, 2018 by Greg Meckbach

A major bank’s disputed $300-million professional liability insurance claim – arising from a Ponzi scheme in Florida – could reach the Supreme Court of Canada. Toronto-Dominion Bank bought an insurance policy from a syndicate of insurers, including Lloyd’s Underwriters in

insPRESS Insurance

Join FIRST Canada for the final Broker Bash of 2018

November 5, 2018 by FIRST Insurance Funding of Canada

TORONTO, ON, NOV. 5, 2018/insPRESS/ – FIRST Insurance Funding of Canada (FIRST Canada) invites you to the final GTA Broker Bash of 2018 taking place at Northern Maverick Brewing Company on Thursday, November 22nd.  Join FIRST Canada as they celebrate another incredible year

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Pario Expands Accident Reconstruction Division and Welcomes Ankit Kumar

November 5, 2018 by SCM Insurance Services

CONCORD, ON, NOV. 5, 2018/insPRESS/ –Pario Engineering & Environmental Sciences LP (Pario), one of Canada’s top providers of specialized engineering and environmental services to the insurance and risk management industries, is pleased to announce the addition of Ankit Kumar, B.A.Sc., E.I.T.

News BrokersInsurance

Top 10 Under 40, 2018: Andrew Coburn, Coburn Insurance

November 5, 2018 Brooke Smith

Who are the brightest young talents in Canadian P&C today? Each year, Canadian Insurance Top Broker magazine (recently acquired by CU) answers that question with its Top 10 Under 40. Meet the other winners here, and don’t forget to pick

News InsuranceRisk

$260 billion cleanup estimate based on ‘worst case’ scenario: energy regulator

November 5, 2018 Dan Healing - THE CANADIAN PRESS

CALGARY – The Alberta Energy Regulator is apologizing for estimating it would cost $260 billion to clean up after the provincial oil and gas industry. The sector’s accumulated environmental liability is currently estimated at $58.65 billion, less than one quarter

insPRESS Insurance

Crawford Expands Cyber Coverage to Include Service Solution for Small to Medium-Sized Enterprises (SME)

November 5, 2018 by rosemary

TORONTO, ON, NOV. 5, 2018/insPRESS/ – Crawford & Company (Canada) Inc. a global provider of claims and risk management solutions, continues to develop and enhance our servicing capabilities to address emerging risks and legislative changes. As of November 1, 2018, mandatory

insPRESS Insurance

SPECS soars to new heights

November 5, 2018 by rosemary

TORONTO, ON, NOV. 5, 2018/insPRESS/ – SPECS Limited (Specialized Property Evaluation Control Services) is pleased to announce that on October 10, 2018 it received a nationwide standing Special Flight Operations Certificate (SFOC) from Transport Canada, having met all of Transport Canada’s