Topic
Legislation / Regulation
Aviva to start using credit info as auto rating factor in this province
February 13, 2020 by Greg MeckbachAviva Insurance Company of Canada and Traders General Insurance Company have permission to use consumers’ credit information as an auto rating factor, the Nova Scotia Utility and Review Board announced Monday. Insurers are specifically prohibited from using credit information as…
What’s really behind Ontario auto rate increases
February 11, 2020 by Greg MeckbachAuto rates continue to climb in Ontario but the increase in frequency and severity of claims plays a big role, Insurance Bureau of Canada suggests. None of the 21 Ontario auto insurers who filed for rate changes during the last…
The potential downside for brokers of ICBC’s new care-based model
February 10, 2020 by Jason ContantThe government of British Columbia’s recent announcement that it will be removing lawyers and legal costs from the system to reduce insurance premiums by about 20% and increase care benefits has been met with approval from the provincial brokers association.…
Time to regulate insurtechs
February 4, 2020 David Gambrill, Editor in ChiefA short time ago, insurers feared insurtechs would disrupt the property and casualty industry.
Former Tarion official calls for insurer-based new home warranty
February 3, 2020 by Greg MeckbachA former enforcement director with Tarion Warranty Corporation is calling for competition among insurers in new home warranty in Ontario. David Roberts, who retired in 2017 from Tarion, recommended the provincial government move the new home warranty system to a…
Who do you trust?
February 1, 2020 by David GambrillAn Ontario resident approached a direct writer for an auto insurance quote in March 2005. A new customer, the man gave the insurer his name, date of birth, vehicle information and property information. Upon receiving the quote, he took his…
This commercial line’s hard market has reached ‘crisis’ point
January 29, 2020 by Greg MeckbachThe difficulties some condominium corporations are having in finding insurance has reached a “crisis” Canada-wide, a lawyer told a committee of Ontario legislators looking at proposed changes to the province’s condominium law. “We’re facing a condominium insurance crisis across the…
What happens if a condo client’s marijuana use offends the neighbours?
January 28, 2020 by Greg MeckbachWith the legalization of recreational cannabis, what happens when there is a dispute between neighbours in a condominium and how does a condo corporation or board handle it? A lot of condominium corporations have passed rules around odours, says Armand…
Ridesharing insurance takes centre stage as Uber, Lyft approved in B.C.’s Lower Mainland
January 24, 2020 by Jason ContantVICTORIA – Vancouver is poised to join most major cities in Canada in offering ride-hailing services with the long-awaited approval Thursday of licences for companies Uber and Lyft to operate in British Columbia’s Lower Mainland and Whistler. The independent Passenger…
Alberta government promising to fix rules on aging energy wells
January 17, 2020 Bob Weber - THE CANADIAN PRESSEDMONTON – A group tasked with cleaning up thousands of abandoned energy sites in Alberta says the province’s rules for ensuring polluters reclaim their wells before selling them off are inadequate. The industry-funded Orphan Well Association made the criticism in…
Your client’s vehicle is damaged by a massive pothole. Is it covered and is the city liable?
January 15, 2020 by Jason ContantYou’re on your way to work minding your own business when all of a sudden you drive over a massive pothole and damage your car. Does your auto insurance cover it and can the city be held liable? In short,…
Roadside licence suspensions for impaired drivers faces court challenge
January 15, 2020 by Greg MeckbachThe British Columbia law intended to immediately get impaired drivers off the road could be headed – yet again – to the Supreme Court of Canada. Canada’s top court announced Jan. 10 that Larry Edward Lemieux has applied for leave…