Topic
Markets / Coverages
This is what your cyber policies should focus on
February 1, 2018 by Jason ContantBusiness interruption should be the focus of cyber insurance policies nowadays, Lindsey Nelson, international cyber team leader with CFC Underwriting, said to Canadian Underwriter in an interview on Monday. “I think it might be a matter of insurers are really…
How driverless trucks will affect Alberta’s oilsands
February 1, 2018 Dan Healing - THE CANADIAN PRESSCALGARY – About 400 jobs are expected to disappear at Suncor Energy Inc.’s oilsands mines in northern Alberta as it deploys driverless ore-hauling trucks to replace the ones humans operate now. “We have about 500 roles that will get eliminated…
Arbitration filing deadlines trump law clerk “screw-up,” Ontario court rules
January 31, 2018 by David GambrillA law clerk “screw-up” is not an “extraordinary circumstance” that would allow an injured driver to circumvent the time limits for producing expert witnesses and documents in an auto accident benefits arbitration, an Ontario court has ruled. Margaret Cyr and…
Let the private market compete in British Columbia: IBC
January 31, 2018 by Greg MeckbachInsurance Corporation of British Columbia’s monopoly should end, Insurance Bureau of Canada said this week, but the province’s attorney general contends that competition will not result in lower premiums for B.C. vehicle owners. Opening up auto insurance to competition “does…
Tribunal decision imperils limitation periods in auto claims
January 30, 2018 by Jason ContantThe Insurance Act is just one act to consider among all the other factors when dealing with the two-year limitation period in statutory accident benefits disputes, the Ontario Licence Appeal Tribunal (LAT) has found. “So that’s frightening,” Philippa Samworth, a…
What happens to your clients’ outdated pink slips?
January 29, 2018 by Jason ContantWhen Nova Scotia became the first jurisdiction in Canada to allow electronic proof of automobile insurance (EPAI), it opened up a whole new world for insurers to offer the digitized pink slips to their consumers. Nova Scotia’s move “will be…
Where you will find your next commercial cyber clients
January 29, 2018 by Jason ContantCyber insurance is evolving into the non-privacy space, with insurers moving more into business interruption coverage, Catherine Evans, vice president of Marsh Canada, told Canadian Underwriter Monday. “Insurers are pushing more into the areas where it’s really more of an…
Aviva Canada responds to CU poll results
January 29, 2018 by David GambrillCanadian Underwriter conducted a poll of its broker readers last week. Out of the 401 responses CU received, about 68% placed business with Aviva Canada. Among the survey findings, we asked brokers to record their level of agreement with the…
Brokers apprehensive about Aviva’s direction under new CEO: CU poll
January 29, 2018 by David GambrillCanadian brokers are playing a game of “wait and see” as they prepare for the arrival of Colm Holmes, Aviva Canada’s new president and CEO, a Canadian Underwriter poll suggests. Aviva Canada announced this month that Greg Somerville is stepping…
When security goes too far
January 29, 2018 The Canadian PressSYDNEY, N.S. – A Nova Scotia judge says it’s not the court’s place to enforce good manners, in ruling on a case that pitted a homeowner’s interests in monitoring her property against her neighbour’s privacy concerns. Provincial court Judge Peter…
Brokers optimistic after Intact’s new Canadian boss takes the helm, CU poll suggests
January 28, 2018 by David GambrillCanadian brokers are optimistic about recent leadership changes at Intact Insurance, their faith based on the new president’s past connections with the broker channel, a Canadian Underwriter poll reveals. Louis Gagnon, Intact’s new president of Canadian operations, is a prominent…
Electronic pink slips remain elusive in Ontario
January 26, 2018 by Jason ContantOntario’s insurance regulator, the Financial Services Commission of Ontario (FSCO), is still working towards allowing electronic proof of automobile insurance (EPAI) in the country’s most populous province, but a launch date is still to be determined, a FSCO spokesperson told…