Topic Ontario
Distracted driving accelerates post-pandemic
June 29, 2022 by Alyssa DiSabatinoNinety-eight per cent of Ontario drivers report witnessing unsafe driving behaviours over the past year — a 3% increase from the year previous — and yet only 58% admit to engaging in dangerous driving behaviours themselves, a CAA South Central…
Broker or insurer: Who’s responsible for letters of non-renewal on auto policies?
June 23, 2022 by Jason ContantThe issue of how much responsibility an Ontario broker has for sending out non-renewal notices to auto insurance clients is in the spotlight, featuring an online discussion focused on adequate notice time and the possibility of errors and omissions (E&O)…
How auto theft can affect your clients’ premiums
June 16, 2022 by Alyssa DiSabatinoAlthough making a car theft claim won’t yield higher premiums, repeated claims may make it difficult for an insured to hold onto their theft coverage, says one insurance expert. Not all auto insurance policies cover car theft, Matt Hands, director of insurance…
P&C industry’s predictions for Ontario’s finance minister
June 13, 2022 by Alyssa DiSabatinoWith the Ontario election in the rearview mirror, and Doug Ford re-elected as premier with a sizeable majority, the P&C industry is eagerly awaiting to hear who the next finance minister will be. But political pundits and insurance experts predict…
Positives emerging from the crack-down on tow truck turf wars
June 10, 2022 by Jason ContantDespite recently-withdrawn charges related to violent tow truck turf wars across the Greater Toronto Area, the investigation resulted in many positives, including regulatory change, says Équité Association. In 2021, Équité Association’s investigative services team supported the York Regional Police’s far-reaching…
Canada’s most-exposed flood regions
June 10, 2022 by Alyssa DiSabatinoQuebec has the highest historical average annual loss (AAL) for flood faced by any region across the country, at $861.3 million, but Yukon’s average annual loss per residential address (RA) stands at $925, well above Quebec’s $229 loss per residence.…
Caregiving daughter does not ‘reside’ with Mom; not entitled to auto coverage
June 9, 2022 by David GambrillWhether or not a daughter is entitled to auto insurance coverage under her mother’s OPCF 44R family protection endorsement depends on the facts of the case, and not on whether her mother believes her caregiving daughter ‘resides’ at her place,…
Industry veteran elected to Ontario Chamber of Commerce’s board
June 9, 2022 by Jason ContantDesjardins Group’s Marilyn Horrick has been elected to the Ontario Chamber of Commerce’s (OCC) board of directors. OCC president and CEO Rocco Rossi announced new members to the chamber’s board of directors last month. Horrick, senior vice president for Desjardins…
Should you attach a dispute-resolution form to a denial letter?
June 8, 2022 by David GambrillAn injured auto driver has lost an appeal against her insurer, which denied benefits a full seven years before she launched her legal challenge against the decision. One notable aspect of the case was whether the claimant received a dispute…
Canadian P&C brokerage space sees four M&A deals in June
June 8, 2022 by Jason ContantMerger and acquisition activity in the Canadian P&C insurance industry is showing no sign of slowing down in the second half of 2022, with the announcement of four transactions by three brokerages already since the beginning of June. McDougall Insurance…
How the derecho impacted claims service levels
June 7, 2022 by Jason ContantIt’s only natural claims adjusting service levels will drop, given the large number of claims arising from the derecho that struck parts of Ontario and Quebec in May, says the president of the Canadian Independent Adjusters’ Association (CIAA). “Things like…
Becoming better at planning for disasters
June 6, 2022 by Alyssa DiSabatinoIf the ongoing flooding in Manitoba and the Ontario/Quebec derecho storm of last month taught us anything, it’s that we must change how we think about natural disasters, argue the Institute for Catastrophic Loss Reduction’s Glenn McGillivray, and PhD candidate Korey Pasch,…