Canadian Underwriter

Topic Commercial Auto

Person handing a stack of money toward the camera as a form of insurance salaries
News AlbertaB.C.BrokersCommercialCommercial AutoInsurersManitobaOntarioPersonal AutoPersonal HomeQuebecSaskatchewan

What commercial and personal lines brokers make in 2024

March 18, 2024 by Alyssa DiSabatino

Across the country, commercial lines property and casualty insurance broker executives and commercial lines team leads and managers make more money on average than their personal lines counterparts, Impact Recruitment’s newest data shows.  The second iteration of Impact’s annual Insurance

Rideshare driver calls his insurance company after a minor accident
News BrokersClaimsCommercial AutoEmerging RisksLoss TrendsPersonal Auto

Brokers: how to advise rideshare drivers on their deductibles

March 15, 2024 by Philip Porado

Drivers working for rideshare and delivery companies must be careful when setting deductibles on personal auto coverage. And they need to make sure their personal insurers know they’re doing rideshare work and carry the appropriate endorsements. A lot of drivers

Woman holding an auto key. The steering wheel and dashboard are in the background.
News BrokersCommercial AutoEducationInsurersPersonal Auto

What the P&C industry should tell clients about preventing auto theft

March 5, 2024 by Alyssa DiSabatino

While the federal government is chipping away at a plan to combat auto theft nationwide, P&C professionals can advise their clients now to help them protect their vehicles, experts said during a Canadian Underwriter webinar last week.  “We call it

Toy auto mobile on top of a stack of note books and beside a spilled jar of coins
News Commercial AutoInsurersLoss TrendsPersonal Auto

How Intact plans to approach auto pricing in 2024

February 21, 2024 by David Gambrill

Intact delivered a combined ratio of 94.7% in its auto insurance business in 2023, and the company expects to post a similar auto result in 2024 as well, Intact Financial Corporation CEO Charles Brindamour said today in a virtual fireside

Arrows are not targeted, Failure to attack the target. unsuccessful.
News BrokersClaimsCommercial AutoOntarioPersonal Auto

CU Poll: Ontario’s DCPD auto reform widely viewed as a flop

February 16, 2024 by David Gambrill

Ontario’s property and casualty insurance professionals have widely panned the provincial government’s latest move to make mandatory Direct Collision Physical Damage (DCPD) coverage optional to reduce premiums. Canadian Underwriter conducted an online poll with more than 400 P&C professionals nationwide

Creating long-term value within your client base
News BrokersCommercialCommercial AutoInsurersManagementOperationsPersonal AutoPersonal Home

Making clients valuable to your brokerage for the long term

February 15, 2024 by Adam Mitchell

When it comes to ensuring clients have the right products and coverage levels, life insurance brokers are doing things much better than personal lines brokers. But there’s no reason the P&C industry can’t operate at that level. You can’t sell

Business acquisition sealed with a handshake
News BrokersCommercialCommercial AutoHRManagementMergers and AqcuisitionsOntarioOperationsPersonal AutoPersonal Home

Hub’s latest Ontario brokerage acquisition

February 12, 2024 by Jason Contant

Hub International Ltd. has enhanced its personal, commercial and employee benefits services with the acquisition of Ontario brokerage Mitchell Sandham. Located in Oakville, Ont., Mitchell Sandham is one of the oldest and largest independently owned insurance brokerages in the Greater

Red toy car between a stack of coins and a calculator
News AlbertaCommercial AutoInsurersPersonal Auto

Alberta latest rate cap is underway: but what’s next for reform?

February 2, 2024 by Alyssa DiSabatino

As Canada’s auto insurers await direction from the Alberta government on the province’s long-term reform solutions for auto insurance, industry advocates have suggested short-term options to the auto product.  The Alberta government announced last fall it would be retaining the auto

City taxi at night
News AlbertaBrokersClaimsCommercialCommercial AutoInsurersLoss ControlLoss TrendsTechnology

How one brokerage is making good risks out of its urban taxi clients

January 31, 2024 by Alyssa DiSabatino

With its taxi clients left in the lurch from insurer market withdrawals, one regional brokerage ventured to improve taxi fleet safety. After conducting research and leveraging data, CMB Insurance Brokers developed a loss program using telematics to ensure its clients

A red toy car rests on top of columns of stacked coins, each coin increasing in size.
News Commercial AutoEmerging RisksInsurersPersonal Auto

How auto theft will affect insurance in 2024

January 30, 2024 by Alyssa DiSabatino

Although the industry is trying to pump the brakes on auto theft across Canada, the national crisis is bound to get worse before it gets better, industry sources predict.   It means higher premiums for consumers who are already feeling

Ottawa, Canada - February 26, 2022: A fence remains in place one week after police cleared the area near Parliament Hill of trucker convoy protesters. Much of the fencing has been taken down but some of it remains near Wellington Street, and other strategic areas.
News AlbertaCommercial AutoEditorialInsurersLegalPersonal Auto

Editorial | Public order laws and auto insurance don’t mix

January 29, 2024 by David Gambrill

Anyone seeking clarity on how the federal government’s Emergencies Act was supposed to apply to auto insurance cancellations won’t find it in the Federal Court of Canada’s latest ruling. The Federal Court of Canada last Tuesday found the federal government’s

Man getting into a rental car after a collision claim
News ClaimsCommercial AutoInsurersPersonal Auto

Length of rental for auto collisions down slightly

January 25, 2024 by Alyssa DiSabatino

Auto insurers and their customers will be relieved to know the average length of vehicle rentals for collision-related claims across Canada has decreased, albeit gradually, from the same time last year, according to new data.   The overall length of