Topic Ontario
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…
Big Moves – Gore CEO Heidi Sevcik to retire
April 5, 2020 by Greg MeckbachSevcik was vice president of claims at Gore Mutual when she succeeded Kevin McNeil as CEO in 2014
Why it matters that insurance is declared to be an “essential service”
March 24, 2020 by Adam MalikThe insurance industry will continue to operate as an essential service after Quebec and Ontario issued orders for many companies to close their doors due to the COVID-19 pandemic. And that’s a relief for consumers, brokers and insurers, say industry…
What’s really behind Ontario auto rate increases
February 11, 2020 by Greg MeckbachAuto rates continue to climb in Ontario but the increase in frequency and severity of claims plays a big role, Insurance Bureau of Canada suggests. None of the 21 Ontario auto insurers who filed for rate changes during the last…
What happens if a condo client’s marijuana use offends the neighbours?
January 28, 2020 by Greg MeckbachWith the legalization of recreational cannabis, what happens when there is a dispute between neighbours in a condominium and how does a condo corporation or board handle it? A lot of condominium corporations have passed rules around odours, says Armand…
What Santa delivered to Ontario auto insurers
December 23, 2019 by Greg MeckbachSugar plums are likely dancing in the heads of at least some Ontario auto underwriters as a result of a series of developments over the past year. When the government released its budget this past April, it included a bunch…
Top 3 M&A insurance deals in 2019
December 20, 2019 by Jason Contant2019 saw a slew of mergers and acquisitions in the Canadian P&C space and it’s unlikely 2020 will buck the trend. In fact, in the past few weeks alone, one Ontario brokerage bought another one, a Florida-based brokerage bought a…
Man named in FSRA warning denies soliciting business for Sonnet
December 13, 2019 by Greg MeckbachA Toronto man who told Canadian Underwriter he recommended direct writer Sonnet to some of his friends is denying allegations made by the Ontario insurance market conduct regulator that he actually solicited auto insurance through Sonnet. “I am not soliciting…
Why thousands of unsafe commercial vehicles remain on Ontario roads
December 6, 2019 by Greg MeckbachMore than half of Ontario’s commercial vehicle carriers have not been inspected by the province’s transportation ministry in the past two years, and the number of vehicles inspected each year has dropped big-time. These were among the findings in the…
Which way is winter tire usage trending in Canada?
November 21, 2019 by Adam MalikCanadians are getting the message when it comes to the importance of driving with winter tires, a new study has found. But Insurance Bureau of Canada warned that more than just strapping them to your car is enough to ensure…
Intact loses court battle over voiding auto policy for misrepresentation
September 26, 2019 by Greg MeckbachIf an Ontario auto insurer discovers a client made a material misrepresentation or non-disclosure in its application, could the insurer treat the policy as invalid to begin with? Not now. Or at least, not if the fact situation is the…
Intact agrees to buy The Guarantee and MGA Frank Cowan
August 15, 2019 by Greg MeckbachCanada’s largest property and casualty insurer, Intact Financial Corp. has agreed to buy The Guarantee Company of North America and MGA Frank Cowan Company Limited for about $1 billion from Princeton Holdings. Princeton will continue to own retail brokerage Cowan…