Canadian Underwriter

Topic Ontario

Three yellow taxi cabs lined up on the street
News BrokersCommercial AutoInsurersOntarioPersonal Auto

New program aims to bring high-risk drivers back to standard market

July 22, 2022 by Alyssa DiSabatino

Facility Association (FA) is launching a video-enabled telematics program for Ontario taxi drivers, and it may see participants earn their way back to the standard market.  The program, effective Dec. 1, 2022, is meant to help drivers improve their driving

A farmer wearing a straw hat and a plaid shirt kneels with one hand holding his head and one hand reaching towards his corn crop
News AlbertaInsurersOntarioRisk Managers

Risk management outlooks crop up for farm insurers

July 20, 2022 by Alyssa DiSabatino

Farmers across Canada are being buffeted by a mix of drought conditions and hail damage in June and July, but insurers may be able to increase farmers’ risk management through drought and hail outlooks, experts explain.   Southern Ontario farmers

Group of businesspeople shaking hands representing an M&A deals
News AlbertaBrokersBusiness InterruptionCommercialMergers and AqcuisitionsNew BrunswickOntarioPersonal AutoPersonal HomeProperty

BrokerLink closes three more acquisitions across Canada

July 15, 2022 by Jason Contant

BrokerLink is continuing its expansion into Alberta, Ontario and Atlantic Canada with the acquisition of three more brokerages over the past couple months. A subsidiary of Intact Financial Corporation, BrokerLink closed the acquisition of New Brunswick-based McTague Insurance on June

Hands pointing fingers at each other.
News ClaimsCommercialInsurersLegalLiabilityOntario

Splitting costs when ‘other insured’ policy clauses don’t reconcile

July 15, 2022 by David Gambrill

When two insurers offer coverage for the same loss, and each policy states the coverage is in excess of ‘other insurance’ available, both insurers can be expected to split the cost for the insured’s defence and settlement costs, Ontario’s top

Handmade collage with female portrait and her distorted mirror reflection
News CannabisClaimsCommercialInsurersLegalLiabilityOntarioRisk Managers

D&O excess policy needs to spell out exceptions from primary policy

July 14, 2022 by David Gambrill

If an excess insurance policy follows the form of a primary policy, and the primary policy offers an option that extends the claims reporting period by a year, the insured is entitled to the same option under the excess policy,

Car loaded on a tow truck for delivery
News ClaimsCommercial AutoInsurersLoss ControlOntarioPersonal Auto

Insurers, municipality clash over 87.5% increase in collision towing fees

July 14, 2022 by Jason Contant

Insurance Bureau of Canada (IBC) is expressing “serious concern” after Mississauga, Ont.’s city council approved an 87.5% increase to towing fees for consumers who need a tow to a Collision Reporting Centre (CRC). The City of Mississauga defended the increase

Closeup of macho looking man in a car at parking lot during night. He's staring directly at camera and looking a bit intimidating. Wearing dark suit. Lit from bot sides with sharp light. Front view.
News AdjustersClaimsInsurersLegalOntarioPersonal Auto

Inadmissible evidence good enough to access enhanced auto coverage

July 12, 2022 by David Gambrill

Inadmissible hearsay evidence is enough for a driver involved in a collision caused by an unidentified motorist to access the $1 million limit of her auto policy’s OPCF 44R Family Protection Endorsement, an Ontario court has ruled. “There is no

Two individuals walking in front of a Rogers storefront.
News AlbertaB.C.BrokersBusiness InterruptionClaimsInsurersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.

Are businesses covered for a telecom’s “maintenance oops”?

July 11, 2022 by Alyssa DiSabatino

Despite Interac payment systems and phone lines being down, most businesses will not have insurance coverage for any type of income loss as a result of the national Rogers outage on Friday, says one insurance expert.   The outage, which

The River Canard waterway in LaSalle, Ontario
News CatastrophesClaimsEnvironmentalInsurersOntarioPersonal HomeSupply Chain

Where home insurance premiums are trending upwards in 2022

July 8, 2022 by Jason Contant

LaSalle, Ont., has the highest home insurance premiums in the province right now, whereas Ajax, Ont., offers the least expensive home insurance premiums, according to the latest data from rate comparison site RatesDotCa. On average, home insurance premiums in Ontario

A map of Ontario with a select focus on Southern Ontario. Cities and main highways are pictured.
News AlbertaOntarioPersonal Auto

IBC’s thoughts on Premier’s mission to end “unfair” postal code rating

July 8, 2022 by Alyssa DiSabatino

Ontario drivers may soon see the end of “unfair” rating of auto insurance policies based on postal codes, says Ontario Premier Doug Ford, and the Insurance Bureau of Canada agrees it may be time to modernize territorial rating.  “I know

Sewerage system, dirty water discharged into river.
News ClaimsCommercial AutoEnvironmentalInsurersLegalLiabilityOntario

Why Intact can’t recover $2.9 million in excess insurance payment

July 7, 2022 by David Gambrill

Intact Insurance has lost its bid to recover $2.9 million it paid above and beyond its $5-million insurance policy limit for cleaning up a 2012 chemical spill in North Bay, Ontario. Ontario’s Court of Appeal rejected Intact’s arguments that it

A pair of glasses, a small model home, a level tool, a measuring tape, a set of pens and two construction hats sit atop a blueprint of a house on a desk.
News AlbertaB.C.InsurersOntarioPersonal Home

Why brokers should ask their clients about home renos

July 6, 2022 by Alyssa DiSabatino

Canadians made major renovations to their homes during the pandemic, and over 14% of those who renovated stated they did so on an impulse during the pandemic — but are policyholders telling their insurers about these material changes?  Not every