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insPRESS Insurance

Claimspro Announces Jeff Stinson to Manage Peterborough Office

August 1, 2018 by SCM Insurance Services

TORONTO, August 1, 2018 /insPRESS/– ClaimsPro, Canada’s leading provider of independent claims adjusting services and an SCM company, is pleased to announce Jeff Stinson has joined the ClaimsPro team in Peterborough as Branch Manager. Jeff will succeed Christina Welton, who

News BrokersInsurance

Wawanesa to discontinue direct channel, sell exclusively through brokers in Quebec

August 1, 2018 by Jason Contant

Wawanesa Mutual Insurance Company announced Wednesday that that it will sell its insurance products exclusively through independent Quebec insurance brokers, discontinuing direct sales to customers in the province. With this move, Wawanesa will be selling solely through brokers in all

News ClaimsInsurance

Residents leave homes as Ontario forest fires burn

August 1, 2018 Gabriele Roy - THE CANADIAN PRESS

KILLARNEY, Ont. – While heavy grey smoke from a nearby forest fire hung in the air, Donna Butson packed a bag of clothes and walked in her backyard with tears running from her eyes. She is one of many residents

News Earnings / RatingsInsuranceMarkets / Coverages

Where private auto insurance rates are rising the fastest in Canada

July 31, 2018 by Jason Contant

Ontario’s premium rates are rising the fastest among Canada’s private passenger auto insurance regimes, according to the Q2 2018 Auto Insurance Price Index from LowestRates.ca. A measure of only private passenger auto insurance regimes in Canada, the index from the

News InsuranceLegal

Car wash operator found not liable for $1,800 claim caused after malfunction

July 31, 2018 by Greg Meckbach

A British Columbia motorist who made an $1,800 vehicle damage insurance claim arising from an ill-fated trip to an automated car wash cannot get reimbursed by the car wash operator. This was the finding of a recent decision from the

News BrokersInsuranceRiskTechnology

How to advise clients on cyber after Algonquin breach

July 31, 2018 by Jason Contant

Brokers can aid their clients by raising awareness of the common tactics of cybercriminals, as well as by advising their clients to be careful about with whom they share their personally identifiable information (PII). Zac Cohen, general manager of Vancouver-based

News CatastrophesClimate ChangeInsuranceRisk

What Canada’s P&C industry has learned from catastrophes

July 31, 2018 by David Gambrill

Each catastrophe presents a unique learning opportunity for today’s risk and insurance professional; over time, savvy risk experts will use these broad-scale “teachable moments” to better prepare their clients and employers to be more resilient in the future. Canadian Underwriter

News InsuranceMarkets / CoveragesReinsuranceTechnology

The trick to getting blockchain to work for insurance

July 30, 2018 by Jason Contant

The trick to getting blockchain to work in the insurance space is getting all the players in the market to align and agree on common standards and a way to govern the blockchain, Aon Benfield’s chief information officer said Friday.

News Climate ChangeInsuranceRisk

One Ontario industry vulnerable to weather extremes

July 30, 2018 by Greg Meckbach

If your client is in the food production or distribution field, you might want to consider the impact of extreme weather. “Restaurants do not prioritize purchasing backup generators, or flood or business interruption insurance,” a report presented last week to

News BrokersInsuranceMarkets / CoveragesRisk

Questions to ask clients who serve alcohol

July 30, 2018 by Jason Contant

Risk managers in the restaurant and bar business need to “mine” for information from potential insureds to make sure they exercise their duty of care in serving alcohol responsibly. “From a risk management standpoint, what’s key is the insured is

News Insurance

Ottawa considered speeding up new seatbelt rule after Broncos crash: documents

July 30, 2018 Lauren Krugel - THE CANADIAN PRESS

The father of a teen who died in a crash that killed 16 people on a junior hockey team bus is questioning why Ottawa is waiting two years to make seatbelts on new highway buses mandatory. Documents obtained by The

insPRESS Insurance

The Largest Insurance Event in Canada Aims to Inspire Ontario Brokers

July 30, 2018 by Insurance Brokers Association of Ontario

TORONTO, July 30, 2018 /insPRESS/ – The Insurance Brokers Association of Ontario (IBAO) is hosting its 98th Annual Convention October 17–18th in Niagara Falls. The event is the association’s largest platform to bring together brokers, insurers and industry partners to learn, share ideas and