Canadian Underwriter

Topic Commercial Auto

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Unintended M&A consequence: A shrinking carrier residual market

February 3, 2021 by Adam Malik

The number of carriers supporting Canada’s residual market for high-risk auto insureds is shrinking thanks to a combination of player withdrawal and mergers and acquisition activity. Tackling this issue is one of a number of priorities for the Facility Association

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Support in Canadian P&C industry for U.K. approach to insuring automated cars

January 29, 2021 by David Gambrill

Insurance programs for connected and autonomous vehicles (CAV) in the United Kingdom may be applicable to Canada as well, according to a recent survey from Canada’s association of provincial insurance regulators. In the U.K., the Automated and Electrical Vehicles Act

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P&C industry needs better data about distracted driving

January 28, 2021 by Adam Malik

There’s a fairly significant gap between what government agencies have to say about distracted driving and what data companies are able to capture, and that is playing a role in the ineffective portrayal and messaging around the seriousness of people

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Smartphones are problems, but here’s how they can help reduce driving risk

January 22, 2021 by Adam Malik

This could be the year telematics driving data actually provides meaningful information — and change — to insurers and drivers alike, allowing risk to be underwritten more accurately, experts predict. To pull that off, smartphones will be a critical tool

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What’s missing from driverless vehicle rollout plan

January 19, 2021 by Greg Meckbach

Driverless vehicles need to have some way of communicating with police, fire and ambulance responders, an auto manufacturers’ group said in a recent report. First responders have ways of handling situations they encounter in traffic but there are no  “common

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Opinion: Why you should pursue subrogation more often

January 7, 2021 by Wilfred Tioh, SIAdvisers Consulting & Solutions

The most lucrative opportunities are often hidden in plain sight, and that is true of subrogation. Subrogation has long been overlooked as an opportunity for insurers to generate a lucrative revenue stream and improve long-term business. A detailed investigation for first-party

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RSA exec maps out the long haul towards better trucking rates

December 17, 2020 by David Gambrill

If you’re a commercial insurance broker or client looking for the end of high premiums for trucking fleets, insurers would like to hear from you about how to resolve a major systemic issue facing the trucking industry. “I would say

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This customized vehicle replacement coverage is headed for the junk yard

December 8, 2020 by Greg Meckbach

This is no April Fool’s joke. TD Insurance Group plans to stop offering its non-standard five-year vehicle replacement coverage in Nova Scotia as of Apr. 1, 2021. In 2019, the Nova Scotia Utility Review Board approved TD’s application to offer

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How courts assess liability of auto dealer that leaves keys in unlocked running vehicle

December 2, 2020 by Greg Meckbach

A police officer injured in a collision with a stolen truck has lost his bid to seek compensation against the dealership from which the truck was stolen; with Canada’s top court refusing to hear the case, the end result is

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Insurers now treating distracted driving as ‘major’ conviction

November 27, 2020 by Greg Meckbach

In keeping with actions previously taken by Canada’s auto insurers, Northbridge General Insurance Company will start treating driving while using a hand-held communication device as a major conviction for the purpose of setting insurance rates in Nova Scotia. The change

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What can happen if cargo and business interruption insurer file separate subrogated claims

November 24, 2020 by Greg Meckbach

Two subrogated commercial claims, for a total of about $1.5 million, may be headed to trial in Ontario. Among the issues are how Ontario’s Carriage of Goods Regulation applies to goods going in and out of province, and whether a

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Loblaw to test autonomous delivery vehicles in Greater Toronto Area in January

November 23, 2020 by The Canadian Press

TORONTO – Loblaw Companies Ltd. has signed a partnership deal with technology company Gatik to test autonomous delivery vehicles in Toronto starting in January. Under the multi-year agreement, Gatik will transport goods from an automated picking facility to retail locations