Topic Claims
How to prevent disruptions in food supply chains after COVID-19
October 2, 2020 by John G. Keogh, Strategist, Advisor, Academic Researcher, University of ReadingThis article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Almost all businesses involved in the food supply chain have…
Fight continues over proposal to acquire property data provider CoreLogic
October 1, 2020 by Greg MeckbachA proxy battle is underway for control of the corporate parent of Canadian insurance technology vendor Symbility. Hedge fund advisor Senator Investment Group said Wednesday it is asking shareholders of CoreLogic Inc. to vote this November in favour of replacing…
Mud and snow tires in winter prompts another small claim in B.C.
October 1, 2020 by Greg MeckbachBritish Columbia car rental companies that provide mud and snow tires in December or January are keeping the province’s Civil Resolution Tribunal busy. In Fraser v. ICBC, released Wednesday, the CRT ruled against a claimant who sought $5,000 in damages…
One certifiable way to improve the driver’s claims journey
October 1, 2020 by Adam MalikDrivers in Ontario can anticipate a smoother claims journey if collision repair shops in the province are certified in the future as expected, according to a pair of experts. Currently, the national trade association that represents collision repairers is in…
Expectations and relevancy: What’s at risk for the P&C industry
September 30, 2020 by Adam MalikIf the property and casualty insurance industry doesn’t “come to grips” with meeting client needs, the industry is at risk of losing relevancy in the marketplace, warned an industry consultant. Phil Cook, who is also chairman of Omega Insurance Holdings,…
‘Much clearer picture’ of how Ottawa will address flood risk coming soon
September 29, 2020 by Greg MeckbachA special pool, in which high-risk properties would have caps or subsidies on premiums for flood insurance, remains a possibility in Canada, and the industry should have a much better idea this fall of what the government plans to do,…
The collision industry is looking to certify shops. Will that impact auto premiums?
September 29, 2020 by Adam MalikA push to certify Ontario collision repair shops could impact insurance rates and see premiums come down, says one automotive expert. Whether or not it does, such a move will still positively affect the insurance industry, adds an Insurance Bureau…
Intact warns of indirect economic impact from COVID
September 29, 2020 by Greg MeckbachThe economic impact of the COVID-19 pandemic is one of the biggest risks facing Canadian insurers, executives told a recent investors’ conference. “What can happen to us is what we call indirect losses,” Intact Financial Corp. CFO Louis Marcotte said…
Alberta’s disaster risk assessment plan in poor shape: auditor
September 29, 2020 by The Canadian PressEDMONTON – Alberta’s auditor general says the province does a poor job of anticipating and preparing for disasters. In a report released this morning, Doug Wylie says Alberta doesn’t have a consistent plan for evaluating the risk the province faces…
Mud + snow tires count as winter tires: Tribunal
September 28, 2020 by Greg MeckbachBritish Columbia’s civil resolution tribunal has ruled against a motorist who claims the car he rented did not have proper winter tires because they were marked “mud + snow,” but the motorist is not liable for alleged damage to the…
Locked-up computer systems only part of ‘terrifying’ ransomware scourge
September 28, 2020 by Colin Perkel - THE CANADIAN PRESSTORONTO – A shadowy group of cyber criminals that attacked a prominent nursing organization and Canadian Tire store has successfully targeted other companies with clients in governments, health care, insurance and other sectors. Posts on their NetWalker “blog” indicate the…
Why this client wants to take insurer to Supreme Court over family protection endorsement
September 25, 2020 by Greg MeckbachA motor vehicle personal injury lawsuit, involving Ontario’s family protection endorsement and multiple defendants when alcohol is involved, could be headed to the Supreme Court of Canada. A key question before the top court — if it decides to hear…