Topic Insurers
How much more you say you’re working from home
June 29, 2021 by Adam MalikThree in five Canadian property and casualty insurance professionals report working more hours from home than when they were working in the office, according to a recent Canadian Underwriter poll. However, a number of readers wrote in open-ended responses that…
How reinsurance prices could come down
June 29, 2021 by Greg MeckbachRecord-low interest rates are making insurance-linked securities attractive to some investors, and this could be good news for primary insurers. ILS includes but is not limited to catastrophe bonds, said Marcos Alvarez, Toronto-based senior vice president and head of insurance…
Feds says all new cars, light-duty trucks will be zero-emission vehicles by 2035
June 29, 2021 by Stephanie Taylor - THE CANADIAN PRESSOTTAWA – The Liberal government is speeding up its goal for when it wants to see all light-duty vehicles sold in Canada to be electric. Transport Minister Omar Alghabra announced Tuesday that by 2035 all new cars and light-duty trucks…
Happy 25th, WICC: The light that never goes out
June 28, 2021 by David GambrillEditor’s Note: This article is Part 1 of a two-part story honouring the 25th anniversary of the Women in Insurance Cancer Crusade (WICC). Part 2 will appear in Canadian Underwriter‘s e-Newlsetter on Wednesday, June 30. If Women in Insurance…
Appeal court upholds $385,000 payment to Northbridge arising from accident benefits assignment
June 28, 2021 by Greg MeckbachThe Court of Appeal for Ontario recently ruled in favour of Northbridge Insurance in an auto liability claim that featured a dispute over how much of the plaintiff’s accident benefits should go to the liability insurer. Kossay El-Khodr was rear-ended…
How a return to work changed the approach of this Top 5 insurer
June 25, 2021 by Jason ContantAviva Canada is taking a deliberate and measured approach to change initiatives in the second half of the year, with the understanding the next few months and the looming return to the office will be a stressful time for employees.…
Return to work: How P&C industry workers feel about workplace safety
June 25, 2021 by Adam MalikFears about COVID-19 infections in the workplace, questions about safety precautions, and concerns about vaccination rates are key reasons why some property and casualty insurance professionals say they are not enthused about a return to the office. Canadian Underwriter’s Working…
Travellers need to pay close attention when shopping for travel insurance: experts
June 25, 2021 by Salmaan Farooqui - THE CANADIAN PRESSCanadians who are eager to be part of the first wave of travellers to head abroad once border restrictions ease should pay close attention to what their travel insurance will and will not cover, experts say. There may be many…
UFO sightings: Are your clients covered for an alien invasion?
June 24, 2021 by David GambrillRecent talk about UFOs during the pandemic has caused the most conspiratorial among us to wonder if Canada’s property and casualty insurance industry is prepared for the most secretive of risks: An alien invasion of Earth. Film footage has emerged…
Aviva Canada exec predicts how long supply chain pressures will last
June 24, 2021 by Jason ContantA supply chain bubble that is putting pressure on the Canadian P&C insurance industry should burst within a year or two and it’s just a matter of riding it out, an Aviva Canada claims executive suggested during a virtual fireside…
Brokerage leader wants burnout taken more seriously
June 24, 2021 by Adam MalikA brokerage leader is concerned that “burnout” is a term thrown around too casually, and it’s not taken as seriously as it should be in the property and casualty insurance industry. “As someone who has suffered burnout, I can tell…
As COVID ends, watch for consumers to report changing conditions
June 23, 2021 by Jason ContantNow that the commute back to the office is a distinct possibility in the upcoming months, insurance providers should be making sure their clients have the right level of auto insurance coverage, particularly if it changed during the pandemic, the…