Topic Commercial Auto
How Gender X affects auto ratings for insurers
March 1, 2022 by Jason ContantPublic auto insurer Saskatchewan Government Insurance (SGI) is the latest insurer to offer auto insurance clients the choice of no sex (blank) designations. The change will not affect SGI Canada customers in Saskatchewan, since gender or sex designation is not…
What we know about suspending insurance under The Emergencies Act
February 16, 2022 by Alyssa DiSabatinoCanada’s federal government has begun to provide some clarity around the wording and application of its newly released Emergency Economic Measures Order, but the insurance industry still isn’t clear on how exactly it will be enacted, and industry observers and…
Economical partners with car-share platform Turo
February 15, 2022 by Canadian Underwriter StaffEconomical is now the insurer of choice to provide commercial auto coverage for peer-to-peer car-sharing marketplace Turo in Ontario, Québec, Alberta and Nova Scotia. Turo is a host-and-guest car sharing service that allows owners to list their vehicles – including…
What profit level this regulator expects of insurers
February 15, 2022 by David GambrillNova Scotia’s insurance regulator has approved Intact Insurance for a small rate increase for individually rated commercial vehicles, including interurban trucks, in a decision more noteworthy for its insight into the kind of profit level the regulator expects of insurance…
Feds threaten to suspend Convoyers’ insurance. What does that mean?
February 15, 2022 by Alyssa DiSabatinoTrucks or vehicles used in freedom convoy blockades will have their insurance suspended, Deputy Prime Minister and Finance Minister Chrystia Freeland said in a press conference Monday. For property and casualty insurance professionals, the federal government’s path may raise more…
Truckers say vaccine requirement for crossing border will exact economic toll
January 12, 2022 by Christopher Reynolds - THE CANADIAN PRESSMONTREAL – Truckers are warning that a Jan. 15 deadline requiring them to be vaccinated in order to enter Canada will put additional strain on supply chains amid the latest COVID-19 surge and severe worker shortages. As of Saturday, truck…
Westland acquires brokerages in Ontario, Alberta
January 7, 2022 by Jason ContantWestland Insurance has announced its first brokerage acquisitions of 2022 — Bunnell Hitchon Insurance Brokers in Ontario, and Rigby Insurance in Alberta. Bunnell Hitchon, in Brantford and Milton, Ont., was founded in 1890 and offers a wide range of personal…
Key B.C. highway reopens to truck traffic after flood damage; rebuilds supply chains
December 21, 2021 by The Canadian PressVANCOUVER – British Columbia’s “hobbled” supply chains received a major boost with the reopening of the primary transport route for goods heading to and from Metro Vancouver, a spokesman for the trucking industry said. The Coquihalla Highway between Hope and…
Main B.C. highway to reopen to essential traffic by Monday after storms
December 16, 2021 by Hina Alam and Amy Smart - THE CANADIAN PRESSVANCOUVER – A key highway link between British Columbia’s Lower Mainland and the rest of the province will reopen to essential traffic by the end of the day on Monday, five weeks after it was heavily damaged by severe rainstorms.…
Ontario clients can operate these large trucks with no formal course
December 8, 2021 by Greg MeckbachTwo years after flagging the issue, Ontario’s auditor general says the transportation ministry has made “little to no progress” in mandating formal training for drivers of all large commercial vehicles. In Ontario, Class A licensed commercial operators need a formal…
Border-crossing vaccine mandate adds to driver shortages, supply chain concerns
November 17, 2021 by Canadian Underwriter StaffBrokers are struggling to support their transportation clients as a new border-crossing vaccine mandate adds to driver shortages and supply chain concerns for an industry that’s already grappling with a host of prolonged concerns, a broker has said. The recent…
How Ontario direct compensation-property damage affects temporary loaner vehicles
November 17, 2021 by Greg MeckbachAn Ontario insurer that wrote optional collision coverage for a client is not on the hook for damage to a loaner vehicle borrowed by that client while that client’s own vehicle was in for repair, a judge wrote in a…