HALIFAX – Nova Scotia’s new plan to protect the province’s 13,000 kilometres of coastline is an abdication of the government’s responsibility, the opposition and environmental activists said Monday. The strong criticism came swiftly after Environment Minister Tim Halman announced the…
Robotic process automation (RPA) used to automate brokers’ repetitive tasks has become a much more mainstream technology over the past year or two, the co-founder of software robot tech company Quandri told Canadian Underwriter in an interview. “A couple of…
Much has been made of the new electronic safety tech in cars, but it doesn’t seem to be making a dent in auto insurers’ claims costs, according to a new report by Rates.ca. “You might expect that with more safety…
To the surprise of no one in the broker channel, the ongoing hard market in cyber still plays a significant role in why clients decline to buy coverage. About 40% of brokers responding to a recent CU survey selected ‘Price…
TORONTO, ON, FEBRUARY 27, 2024/insPRESS/ – On Tues April 9, 2024, 30 Forensic Engineering will once again host one of the most anticipated insurance industry events of the year – The Big Mingle. Celebrating its 16th anniversary, the iconic and original ‘Big…
VANCOUVER, BC, FEBRUARY 27, 2024/insPRESS/ – Pario Engineering & Environmental Sciences LP (Pario), Canada’s national provider of forensic engineering and environmental sciences services, is pleased to announce the appointment of Timothy Lee as Senior Fire Investigator. Mr. Lee’s appointment represents…
Co-operators General Insurance Company reported an annual underwriting loss of $184 million in 2023. This figure, which excludes discounting and risk adjustment, accounts for “a decline of $356.2 million from the underwriting gain of $171.3 million in the same period of 2022.” Discounted estimates…
As Canada eases out of the COVID-19 pandemic, the country’s restaurateurs, hoteliers, and event venue operators face a multitude of risks. Changes over the past four years have hospitality providers swimming in a toxic soup of pandemic-stunted social habits, inflation-dented…
An Uber driver who slipped on ice when helping a passenger load the trunk was not involved in an auto ‘accident,’ the Ontario Licence Appeal Tribunal has ruled. The ruling is consistent with a trend in Ontario case law over…
ATLANTIC CANADA – Forecasters say a warming global climate could actually cause some parts of Canada to see colder conditions, including heavy snowfalls like the one that hit parts of the Maritimes this week. There’s a direct relationship between the…
DALLAS, TX, FEBRUARY 26, 2024/insPRESS/ – David Repinski, CEO of CRU GROUP, today announced that Eduardo Weigend has joined the Company as Vice President & CAT Director for its operations in the United States. With over 10 years of…
Intact CEO Charles Brindamour does not anticipate Alberta’s auto rate cap will bleed over into Ontario’s private auto insurance sector. “There’s always a risk,” Brindamour told Mario Mendonca, managing director of equity research at TD Cowen, during a fireside chat…