Topic
Legislation / Regulation
Oral fluid drug screening devices can be “successfully used in Canada,” Public Safety Canada reports
June 7, 2017 by Canadian UnderwriterResults from the federal government’s oral fluid drug screening device pilot project suggest the devices can be “successfully used in Canada” to identify drivers who test positive for certain drugs in various conditions, Public Safety Canada (PSC) reported on Tuesday.…
Auditor calls for better pipeline regulations, monitoring in Saskatchewan
June 7, 2017 Jennifer Graham - THE CANADIAN PRESSREGINA – Saskatchewan’s provincial auditor says the government isn’t doing enough to effectively regulate oil and gas pipelines. Judy Ferguson says in her annual report that as of the end of March, the Ministry of the Economy did not have…
Economical Insurance simplifies its business with changes to legal entities
June 6, 2017 by Canadian UnderwriterEconomical Insurance announced on Tuesday that it is “migrating to a simpler legal entity structure while continuing to offer a wide range of products and excellent service to broker partners and customers” as it continues its journey to become a…
How legalizing pot will affect your insurance policies
June 5, 2017 Jason Contant, Online EditorThe impending legalization of marijuana in Canada raises a number of legal issues related to property insurance policies, Michael Teitelbaum, a partner with Hughes Amys LLP, said last week at ARC Group Canada’s 2017 annual seminar and cocktail event. In…
Supreme Court of Canada will not hear appeal from insureds seeking replacement cost instead of actual cash value in fire claim
June 2, 2017 by Canadian UnderwriterA disputed property insurance claim arising from a fire in Ottawa, in which the claimants asked for replacement value but the insurer would only pay actual cash value, will not be heard by the Supreme Court of Canada, the court…
Canadian insurance industry needs clear direction and proper framework to address marijuana legalization, industry event hears
June 2, 2017 Jason Contant, Online EditorThe insurance industry in Canada needs clear direction from governments and a proper framework to address the upcoming legalization of marijuana, attendees to an industry event heard on Thursday. “First and foremost, we do not as an industry, and cannot,…
Reinsurance Association of America calls for increased competition in U.S. flood insurance
June 1, 2017 by Canadian UnderwriterThe Reinsurance Association of America is calling on the U.S. government to encourage private-sector insurers to compete with the National Flood Insurance Program, which is scheduled to expire Sept. 30. NFIP was created in 1968. A property cannot qualify for…
Quick Resolution
June 1, 2017 May Gibillini, President, InHEALTH Inc.The Licence Appeal Tribunal has been hearing disputed Ontario accident benefits claims for more than a year. Although disputes seem to be resolved more quickly than they were by the Financial Services Commission of Ontario, it remains to be seen whether or not claimants are getting access to benefits in a more timely manner.
Slice launches “first on-demand insurance platform” for homeshare hosts in 13 states
June 1, 2017 by Canadian UnderwriterSlice Labs Inc., a technology company offering what it calls “the first on-demand insurance platform in the United States,” announced on Wednesday the launch of their homeshare insurance product in 13 states. Homeshare hosts in 13 states – California, Colorado,…
Technological change and cyber risk overtake regulation as top risks for global insurers: study
May 31, 2017 by Canadian UnderwriterThe global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector, released on Tuesday. The Centre for the Study of…
TSB urges Transport Canada to update cockpit voice recorder regulations
May 31, 2017 by Canadian UnderwriterTransport Canada needs to update its regulations on flight recorders, Transportation Safety Board of Canada suggested Monday. The federal government’s response to a recommendation from a 1993 accident that killed seven is “still unsatisfactory,” TSB argued Monday in a tweet.…
Opposition MPs concerned about lack of a ‘ready, usable, reliable roadside screening device’ for marijuana impairment
May 30, 2017 by Canadian UnderwriterOpposition MPs spoke Monday in favour of a bill that would raise the maximum sentence for impaired driving causing death and let Canadian police test any legally-stopped driver for alcohol impairment but expressed strong concerns about the ruling Liberals’ plan…