Canadian Underwriter

Topic Commercial Auto

Big rig trucks parked in a fleet facility
News AlbertaBrokersCommercialCommercial AutoInsurersTechnology

Facility’s newest approach for cracking down on trucker misrepresentations

March 22, 2023 by Alyssa DiSabatino

Facility Association (FA) is implementing a telematics program in Alberta that will collect geographic information on its participants to help ensure their premiums accurately reflect their risk. The programs allows FA the side-benefit of seeing who’s misrepresenting where they’re headquartered

Small business owners working at their company.
News BrokersCommercialCommercial AutoPropertyTechnology

Direct bringing competition to small-business space

March 15, 2023 by Philip Porado

Direct writer TD Insurance has launched TD Insurance for Business, which will offer commercial property, commercial auto for business vehicles and commercial general liability coverage to Canadian small businesses. Coverage will initially be available in Ontario, followed by other provinces, according

New Brunswick road flooded
News CatastrophesClaimsCommercialCommercial AutoEnvironmentalNew BrunswickPersonal AutoPersonal Home

N.B. hopes for quiet spring but asks residents to be prepared for possible floods

March 15, 2023 by The Canadian Press

FREDERICTON — The New Brunswick government is hoping for a quiet spring season along the province’s Saint John River, but officials say it’s too early to predict flooding. Kyle Leavitt, director of New Brunswick Emergency Management Operations, says melting of

High tech car thief using an tablet to access a car door lock
News BrokersClaimsCommercial AutoInsurersOntarioPersonal Auto

Drivers fear fraud, but don’t take an elementary step to prevent it

March 10, 2023 by Alyssa DiSabatino

Insurance broker scams are among the primary ways drivers believe they could be susceptible to fraud, yet only 1 in 5 respondent auto policyholders took the time to check with the Financial Services Regulatory Authority of Ontario (FSRA) to ensure

Man in suit using rope to close gap in a bridge. Represents insurance protection gap.
News CatastrophesClaimsCommercialCommercial AutoInsurers

Why commercial insurers’ biggest risk is relevancy

March 6, 2023 by Alyssa DiSabatino

To ensure commercial P&C’s market relevance, insurers will need to find a way to address the “structurally changing nature of risk,” by closing protection gaps, said a recent McKinsey report.   There’s been a change in commercial insurance penetration in

Futuristic Technology Concept: Autonomous Semi Truck with Cargo Trailer Drives at Night on the Road with Sensors Scanning Surrounding. Special Effects of Self Driving Truck Digitalizing Freeway
News CommercialCommercial AutoCyberEmerging RisksInsurersLegalLiabilityTechnology

Autonomous truck insurance questions remain

March 3, 2023 by James Menzies, Editor, Today's Trucking

A panel discussion at the Technology & Maintenance Council’s spring meeting revealed some things won’t change when it comes to insuring autonomously driven trucks. Others will. And there’s still a lot of unknowns. Some of the liability for crashes will

Woman looking out over the lake into the sunset in the horizon
News BrokersCommercialCommercial AutoInsurersPersonal AutoPersonal HomeTechnology

What brokers can anticipate from Gore Mutual in 2023

February 28, 2023 by David Gambrill

Having completed the foundational pieces of its Next Horizon business strategy, Gore Mutual Insurance company expects to be able to operate at a combined ratio in the range of 95% to 97% going forward into 2023 and beyond, the company’s

Robot assistant for a digital insurance brokerage
News BrokersCommercialCommercial AutoConstructionCyberPersonal AutoPersonal HomeTechnology

How to digitize traditional brokerages without breaking the bank

February 28, 2023 by Alyssa DiSabatino

Many brokerages adopted technology sooner than planned because of the pandemic. And now acceptance of remote work is pushing brokerages to accelerate — or in some cases, start implementing — digital strategies. It’s easy to make a case for digitizing

Man hands using tablet in a supply chain warehouse
News Business InterruptionClaimsCommercialCommercial AutoEmerging RisksInsurersLoss Trends

Do clients have a better handle on supply chain risk?

February 28, 2023 by Alyssa DiSabatino

Many businesses are still recovering from supply chain disruptions that shocked them during the height of the pandemic, and 80% of firms said a lack of insurance solutions is among the greatest challenges to addressing their risks, according to a

Happy woman client receiving a text message from her insurance broker.
News BrokersCommercial AutoConstructionCyberEditorialInsurersLegalLiabilityOperationsPersonal AutoPersonal HomePropertyTrusted Advisor

Sales Column: Clients ignoring your emails? Try texting

February 22, 2023 by Adam Mitchell

People love their smartphones. And even those who claim they don’t still spend hours using them every day. A study last year by cybersecurity company NordVPN found 66% of Canadians even use their phones while in the washroom. I’ve always

Police barricades around Parliament Hill in Ottawa after the Freedom Convoy protestors were cleared
News BrokersCommercialCommercial AutoInsurersLegalPersonal Auto

No one’s auto insurance was suspended under the Emergencies Act: Inquiry Report

February 21, 2023 by David Gambrill

Police chose not to apply federal Emergencies Act measures to suspend the auto insurance policies of any Freedom Convoy protest participants last year, according to the Report of the Public Inquiry into the 2022 Public Order Emergency. “The duty to

Driver sleeping in self-driving car
News ClaimsCommercial AutoCyberEmerging RisksInsurersLegalLiabilityLoss ControlLoss TrendsPersonal AutoTechnology

When will self-driving tech consistently prevent crashes?

February 17, 2023 by Harrison Griffiths and Hannah Van Staveren

One aim of autonomous driving technology is to take the human element out of the driving ecosystem with an eye toward preventing collisions. But right now, autonomous driving technology can’t guarantee it will detect and react to road hazards earlier