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insPRESS Insurance

Full speed ahead for the Catastrophe Response Unit

June 19, 2020 by CRU Adjusters

TORONTO, ON, JUNE 19, 2020/insPRESS/ – CRU GROUP’s CAT team was welcomed back to assist with the severe storm that hit Calgary over the weekend. The storm caused catastrophic damage with both hail and flooding and the CRU GROUP CAT

News InsuranceTechnology

How the industry can take advantage of artificial intelligence

June 18, 2020 by Greg Meckbach

Brokerages who use artificial intelligence could find opportunities to upsell based on changes in a client’s lifestyle, according to a software vendor executive. The more data you feed a machine learning model and the more you train it, the better

News InsuranceLegislation / Regulation

How long it’s taking now to approve Ontario auto rate filings

June 18, 2020 by Greg Meckbach

The average Ontario auto insurance filing now takes less than two weeks to get approved, the provincial regulator told Canadian Underwriter. The Financial Services Regulatory Authority announced this past October a “file and use” system for private passenger auto. For

News ClaimsClaims CanadaInsuranceLegal

Why Aviva Canada does not have to defend this sexual abuse lawsuit

June 18, 2020 by Greg Meckbach

Aviva Insurance Company of Canada has won an appeal in a coverage dispute arising from a teenaged kickboxer who is suing her gym after being sexually abused by an employee. The kickboxer was 14 years old on May 1, 2017

News BrokersInsurance

Which vehicles will cost your clients the least to insure?

June 18, 2020 by Adam Malik

Car shopping includes finding out how much insurance costs for one vehicle over the other and clients with a Mazda CX-3 will see the lowest insurance rates, according to a recent report. California-based online insurance quote aggregator site Insure.com annually

News InsuranceLegislation / Regulation

Ontario to introduce commercial eviction ban bill, retroactive to May 1

June 18, 2020 THE CANADIAN PRESS

TORONTO – Ontario is introducing legislation today to temporarily ban commercial evictions. The government says it will protect commercial tenants from being locked out or having their assets seized due to the negative impacts of COVID-19. It would be retroactive

insPRESS Insurance

APOLLO launches bind online Builder’s Risk insurance product on the Exchange

June 18, 2020 by David Dyck

TORONTO, ON, JUNE 18, 2020/insPRESS/ — Apollo Insurance Solutions Ltd., (“APOLLO”) Canada’s largest online insurance marketplace, has partnered with Great American Insurance Group to offer an entirely digital Builder’s Risk insurance product on the APOLLO Exchange platform.  This Builder’s Risk

insPRESS Insurance

Kernaghan Adjusters activate COVID-19 catastrophe plan in response to Calgary storm

June 18, 2020 by Kernaghan Adjusters

CALGARY, AB, JUNE 17, 2020/insPRESS/ – Kernaghan Adjusters – Canada’s most reliable independent adjusting firm – are responding to the severe storm in Calgary which saw tennis ball-sized hail and flooding to the city on Saturday night. As the storm

News Insurance

What a politician says he’ll do if insurer rebates don’t measure up

June 17, 2020 by Adam Malik

Threats are being lobbed at auto insurers by an Ontario member of parliament who indicated that insurers not offering satisfactory relief measures could be called out and face repercussions. In the latest salvo from Ontario Finance Minister Rod Phillips —

News ClaimsClaims CanadaInsuranceLegal

How Travelers won appeal over Ontario accident benefits dispute

June 17, 2020 by Greg Meckbach

When an Ontario woman was catastrophically injured in an accident in a Nunavut-plated vehicle in Nunavut, that vehicle’s insurer was initially told it had to pay Ontario accident benefits to the claimant. But in Travelers Insurance Company of Canada v.

News Insurance

Intact predicts two-year hard market in auto

June 17, 2020 by Greg Meckbach

As the number of kilometres driven drops during the pandemic, consumers can expect to get a break on their auto insurance – and expect a hard market to pick up after the pandemic, Intact Financial CEO Charles Brindamour warns. “We

News Insurance

Manitoba auto insurance rates to drop 10 per cent, pending regulator approval

June 17, 2020 THE CANADIAN PRESS

WINNIPEG – Manitoba drivers could soon be paying less for their vehicle insurance. Manitoba Public Insurance has applied for an average 10.5 per cent cut in overall rates, which it says would save the typical passenger vehicle owner about $130