Topic Ontario
How COVID accelerated broker tech by 4-5 years
October 21, 2020 by David GambrillCOVID-19 has been good for the broker channel, in the sense that it has accelerated digital growth at brokerages by at least four to five years, a digital broker told the Insurance Brokers Association of Ontario (IBAO) virtual convention Wednesday.…
Why brokers are going to get sued over pandemic business interruption claims
October 21, 2020 by Greg MeckbachSome brokers are going to get sued by clients whose COVID-19 business interruption claims were denied, a keynote speaker warned Insurance Brokers Association of Ontario (IBAO) members Wednesday. “The main area of claim will be failure to advise of potential…
Ontario to provide COVID-19 liability protection to workers and some organizations
October 21, 2020 by Shawn Jeffords and Liam Casey -THE CANADIAN PRESSTORONTO – Health-care workers, businesses and non-profits could receive liability protection against COVID-19-related lawsuits under legislation proposed by the Ontario government Tuesday, but critics said the bill would result in extra protection for long-term care providers who failed residents during…
Some long-term care homes can’t get insurance, could be forced to close: association
October 20, 2020 by Liam Casey - THE CANADIAN PRESSOntario’s long-term care homes are having trouble securing liability insurance for COVID-19, a situation that could force some of them to close, a group representing more than 70 per cent of the province’s homes says. The Ontario Long-Term Care Association…
Fundraiser started for children of Belynda Cleland Kerelchuk
October 13, 2020 by David GambrillA GoFundMe campaign, Belynda’s Kids, has been started to raise funds for the care of the children of the late Belynda Cleland Kerelchuk, who is listed on LinkedIn as the senior vice president at Aon Reinsurance Solutions. At the time…
Consortium building Eglinton Crosstown takes government to court over COVID-19 issues
October 9, 2020 by John Chidley-Hill - THE CANADIAN PRESSTORONTO – The consortium building a light-rail transit line across Toronto said Thursday that it was taking the provincial government to court over alleged delays and cost overruns related to COVID-19. Crosslinx Transit Solutions said it had filed an application…
What Gore Mutual advises about winter tires
October 6, 2020 by Greg MeckbachOntario auto clients should start thinking soon about their seasonal tire change, an executive with Gore Mutual suggests. “As we get further into fall and temperatures begin to drop below seven degrees Celsius, motorists should definitely begin thinking about changing…
Appeal court dismisses lawsuit against Economical over additional insured endorsement
October 5, 2020 by Greg MeckbachA solar energy developer has lost its appeal against Economical in a commercial coverage dispute regarding an additional insured, in which the policy wording referred to “liability arising out of the operations” of the insured. “Contractual insurance obligations and additional…
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…
The collision industry is looking to certify shops. Will that impact auto premiums?
September 29, 2020 by Adam MalikA push to certify Ontario collision repair shops could impact insurance rates and see premiums come down, says one automotive expert. Whether or not it does, such a move will still positively affect the insurance industry, adds an Insurance Bureau…
Why this client wants to take insurer to Supreme Court over family protection endorsement
September 25, 2020 by Greg MeckbachA motor vehicle personal injury lawsuit, involving Ontario’s family protection endorsement and multiple defendants when alcohol is involved, could be headed to the Supreme Court of Canada. A key question before the top court — if it decides to hear…
The good news and bad news about Ontario auto
September 24, 2020 by Greg MeckbachOntario auto insurance rates were 3.7% lower in the second quarter of 2020, than in the same period in 2019, but were still higher than in the three months ending March 30, 2020, data released Tuesday by LowestRates.ca suggests. “COVID…