Canadian Underwriter

Topic Commercial Auto

Model Car on money inside transparent piggy bank
News Commercial AutoInsurersNova Scotia

What profit level this regulator expects of insurers

February 15, 2022 by David Gambrill

Nova 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

A police car passes trucks parked in front of the Parliament buildings, Tuesday, Feb. 15, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
News Commercial AutoPersonal Auto

Feds threaten to suspend Convoyers’ insurance. What does that mean?

February 15, 2022 by Alyssa DiSabatino

Trucks 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

News Commercial AutoSupply Chain

Truckers say vaccine requirement for crossing border will exact economic toll

January 12, 2022 by Christopher Reynolds - THE CANADIAN PRESS

MONTREAL – 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

News AlbertaBrokersCommercialCommercial AutoMergers and AqcuisitionsOntarioOperationsPersonal AutoPersonal Home

Westland acquires brokerages in Ontario, Alberta

January 7, 2022 by Jason Contant

Westland 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

News B.C.CatastrophesClaimsCommercial AutoSupply Chain

Key B.C. highway reopens to truck traffic after flood damage; rebuilds supply chains

December 21, 2021 by The Canadian Press

VANCOUVER – 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

Damage caused by heavy rains and mudslides is pictured along the Coquihalla Highway near Hope, B.C.
News B.C.CatastrophesClaimsCommercial AutoEnvironmental

Main B.C. highway to reopen to essential traffic by Monday after storms

December 16, 2021 by Hina Alam and Amy Smart - THE CANADIAN PRESS

VANCOUVER – 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.

News ClaimsClaims Canada ArchiveCommercial AutoLegalLicensingOntarioRisk Managers

Ontario clients can operate these large trucks with no formal course

December 8, 2021 by Greg Meckbach

Two 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

News BrokersCommercialCommercial AutoSupply Chain

Border-crossing vaccine mandate adds to driver shortages, supply chain concerns

November 17, 2021 by Canadian Underwriter Staff

Brokers 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

News ClaimsClaims Canada ArchiveClaims ProfessionalsCommercialCommercial AutoLegalLiabilityOntarioPersonal Auto

How Ontario direct compensation-property damage affects temporary loaner vehicles

November 17, 2021 by Greg Meckbach

An 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

News ClaimsClaims Canada ArchiveCommercial AutoInsurersLegalOntarioPersonal Auto

What FSRA says about the ‘take all comers’ auto insurance rule

November 16, 2021 by Greg Meckbach

Ontario’s auto insurance regulator is taking aim at insurers who avoid issuing auto policies to people living in certain cities or who did not buy a property polices or are otherwise off-side the “take all comers” rule. The Financial Services

News ClaimsCommercialCommercial AutoLiabilityManagementProperty

Stability, finally? What insurers and brokers can look forward to in 2022

November 12, 2021 by Brooke Smith

Brokers and insurers may see some stabilization in the market in 2022. “We saw tremendous rate pressure, high operating ratios, and low ROIs in 2019 and 2020,” said Kevin Neiles, president, Western Canada and chief markets officer at Gallagher, during

News BrokersCommercialCommercial AutoInsurersLoss ControlProperty

Tips for your clients to protect against cargo theft

October 20, 2021 by Jason Contant

If your clients are carrying cargo, they should take a comprehensive and layered approach to protecting these goods, a transportation expert from Travelers said recently. This comprehensive approach consists of three layers — good processes, procedures and practices; “hard security”