Topic Commercial
Six-figure pain and suffering judgement against Wal-Mart Canada attracts appeal court scrutiny
May 29, 2020 by Greg MeckbachA $225,000 award in a lawsuit against Wal-Mart Canada, arising from the accidental spraying of a fire extinguisher by a worker, could be headed to the Supreme Court of Canada. The victim of the accidental spraying, Kim Manos, initially won…
The upside for Intact of getting into the property restoration business
May 20, 2020 by Greg MeckbachIf Intact Financial Corporation CEO Charles Brindamour had his way, Intact would be as big in property restoration as it is in the brokerage business. Brokerlink currently has more than 140 brokerage offices and 2,000 employees, and Intact is closing…
‘BI coverage’ misnomer puts the P&C industry behind the 8-ball: U.S. expert
May 14, 2020 by Adam MalikThe insurance industry set itself up for a public relations disaster when it comes to business interruption claims, and it should be prepared to be called out more often on the name given to the coverage, says one risk researcher.…
Calm in the storm
May 8, 2020 by Adam Malik, Managing EditorLiving and working during a global pandemic is new to everyone. The executive team of Edmonton-based Leibel Insurance Group shares their best advice about how to work from home successfully. – As told to Adam Malik Create a routine. That’s…
How Intact is handling commercial insurance relief measures
May 7, 2020 by Greg MeckbachCanada’s largest property and casualty insurer is renewing some commercial policies with no changes in price, and is making mid-term policy adjustments to reflect changing risk portfolios under the current economic conditions. The company said in a recent earnings call…
Big Moves: Can-Sure founder resurfaces in B.C.’s MGA market
May 4, 2020 by Greg MeckbachP&C veteran Jeff Hart heads up Vailo Insurance Services Ltd., a recently-launched managing general agency
Where to find growth
May 2, 2020 by Greg Meckbach, Associate EditorDave Partington, appointed in December as CEO of Gallagher Global Brokerage — Canada, explains how firming market conditions bring new opportunities for commercial brokers.
This is not a drill
May 1, 2020 by Canadian Underwriter Staff: Jason Contant, Greg Meckbach, Adam Malik and David GambrillSince mid-March, Canada’s P&C industry has been working from home and social distancing to slow the spread of the novel coronavirus. What have we learned so far that will help us prepare for the next pandemic?
How brokers can protect themselves from lawsuits during COVID-19
April 28, 2020 by David GambrillBroker advice and advocacy are shining brilliantly during the days of the global pandemic, with insurer products, coverage options and consumer relief packages in a constant state of flux. Many in the P&C industry have noted that broker value has…
Car sharing shutdown in these Canadian cities
April 22, 2020 by THE CANADIAN PRESSGeneral Motors says it has permanently shut down its Maven car sharing service in all markets including Toronto after suspending operations in March due to the COVID-19 outbreak. The company said in an email to customers Tuesday that it made…
Will more Canadian insurers introduce COVID-inspired D&O exclusions?
April 21, 2020 by Jason ContantThe Canadian insurance industry will struggle with adding exclusions related to COVID-19 in directors and officers (D&O) policies, “particularly in light of the fear that adding them now will suggest past policies did not exclude these issues,” a Toronto lawyer…
What COVID-19 tells us about buying commercial insurance direct
April 21, 2020 by Greg MeckbachCommercial clients can buy insurance online if they want, but the COVID-19 pandemic is showing the importance of having a broker to help out, suggests Darren Rodrigues, the new president of the Insurance Brokers of Toronto Region (IBTR). “In a…