Topic Commercial Auto
This customized vehicle replacement coverage is headed for the junk yard
December 8, 2020 by Greg MeckbachThis 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…
How courts assess liability of auto dealer that leaves keys in unlocked running vehicle
December 2, 2020 by Greg MeckbachA 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…
Insurers now treating distracted driving as ‘major’ conviction
November 27, 2020 by Greg MeckbachIn 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…
What can happen if cargo and business interruption insurer file separate subrogated claims
November 24, 2020 by Greg MeckbachTwo 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…
Loblaw to test autonomous delivery vehicles in Greater Toronto Area in January
November 23, 2020 by The Canadian PressTORONTO – 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…
Which insurer has to pay if garage loaner vehicle causes an accident
November 20, 2020 by Greg MeckbachWhen the driver of a loaner vehicle provided by an auto service centre is sued by an accident victim in Alberta, the insurer of the loaner vehicle may be the first payor. This is what happened when Northwest Acura in…
How renewal delays are taking a toll on brokers
November 17, 2020 by Adam MalikInsurers are becoming more meticulous around what they deem to be a good risk and that extra scrutiny is giving brokers heavier workloads, broker leaders say, and it could force brokers to limit how much they take on. Interest rates…
Why Uber has a new insurer
October 23, 2020 by Jason Contant, Online EditorAfter a five-year-long business relationship with Intact, ridesharing giant Uber moved its business to Economical. What prompted the move?
Overloaded
October 16, 2020 by Adam Malik, Managing EditorTrucking was already going through challenging times. The pandemic isn’t helping. How brokers can help clients navigate their way through the insurance marketplace
Insurers, collision repairers tout benefits of proposed mandatory certification
October 5, 2020 by Adam MalikA push to require Ontario collision repair shops to meet minimum standards when repairing vehicles is expected to even out the playing field, make the claims process run more smoothly, help client satisfaction, make roads safer, and potentially bring down…
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…
Winners and losers of the COVID-19 quarter
September 24, 2020 by David GambrillAlthough COVID-19 infected the underwriting results of the entire P&C insurance industry, it did not affect all insurance organizations equally, as recent data released by MSA Research shows. “The overall picture that emerges at the end of June is one…