Topic Ontario
How IBC would change auto insurance regulation in four provinces
June 26, 2020 by Greg MeckbachMotorists in Ontario, Alberta, Nova Scotia and Newfoundland and Labrador should be allowed to buy pay-per mile insurance, an Insurance Bureau of Canada official says. Those four provinces already allow usage-based insurance, wrote Ryan Stein, IBC’s executive director of auto…
Trillium Mutual Insurance donates $50,000 to 4-H Ontario Youth Mental Health Program
June 26, 2020 by Trillium Mutual InsuranceLISTOWEL, ON, JUNE 26, 2020/insPRESS/- Trillium Mutual Insurance, a leading Mutual Insurer focused on protecting and enhancing farms and rural communities, proudly announces a $50,000 donation through its ROOTS Community Fund to support 4-H Ontario’s: Taking Our Mental Health to…
Toronto officer now allegedly linked to illegal tow truck scheme
June 24, 2020 by Paola Loriggio - THE CANADIAN PRESSTORONTO – A Toronto police officer arrested last week in the theft of a police radio has now allegedly been linked to an illegal operation benefiting the tow truck industry. Toronto police said Monday that 11 people, including 47-year-old Const.…
How long it’s taking now to approve Ontario auto rate filings
June 18, 2020 by Greg MeckbachThe average Ontario auto insurance filing now takes less than two weeks to get approved, the provincial regulator told Canadian Underwriter. The Financial Services Regulatory Authority announced this past October a “file and use” system for private passenger auto. For…
Ontario to introduce commercial eviction ban bill, retroactive to May 1
June 18, 2020 by THE CANADIAN PRESSTORONTO – Ontario is introducing legislation today to temporarily ban commercial evictions. The government says it will protect commercial tenants from being locked out or having their assets seized due to the negative impacts of COVID-19. It would be retroactive…
What a politician says he’ll do if insurer rebates don’t measure up
June 17, 2020 by Adam MalikThreats are being lobbed at auto insurers by an Ontario member of parliament who indicated that insurers not offering satisfactory relief measures could be called out and face repercussions. In the latest salvo from Ontario Finance Minister Rod Phillips —…
How Travelers won appeal over Ontario accident benefits dispute
June 17, 2020 by Greg MeckbachWhen an Ontario woman was catastrophically injured in an accident in a Nunavut-plated vehicle in Nunavut, that vehicle’s insurer was initially told it had to pay Ontario accident benefits to the claimant. But in Travelers Insurance Company of Canada v.…
Are you sure you are not violating Ontario’s ‘take all comers’ auto rule?
June 15, 2020 by Greg MeckbachIf you fail to renew a client’s Ontario auto policy, even if that client missed a payment, you could attract close scrutiny from the provincial regulator. Ontario law prohibits insurers from declining to issue, terminating, or refusing to renew an…
Why Ontario auto liability coverage should get cheaper
June 9, 2020 by Greg MeckbachOntario auto insurers may have a hard time raising rates as much as they were before May 15; a major factor could be a controversial change to the dispute resolution process that took effect four years ago. New loss trend…
How the lack of cyber caselaw worked against an insurer in a $75-million data breach lawsuit
June 9, 2020 by David GambrillThe lack of cyber case law worked against an insurer in the Ontario Superior Court of Justice recently, with the court deciding that The Co-operators has a duty to defend two parties named in a $75-million cyber breach class action…
Military reports ‘shocking’ conditions in Ontario nursing homes
May 27, 2020 by Colin Perkel- THE CANADIAN PRESSTORONTO – A new report from the military helping battle COVID-19 in five long-term care facilities in Ontario has revealed extreme neglect and exposed the extent of the ugly conditions facing residents, prompting Prime Minister Justin Trudeau to offer help…
Guns, drugs, cash seized in organized crime probe of Toronto area tow truck industry
May 26, 2020 by Liam Casey -THE CANADIAN PRESSVAUGHAN, Ont. – Four alleged organized criminal organizations that operated as rival tow truck companies involved in a violent battle for territory in the Toronto area have been dismantled, police said Tuesday. York regional police said the alleged crimes involved…