Topic Ontario
Briefing Note: Ontario
July 6, 2020 by Canadian Underwriter StaffAuto reform has been the province’s biggest concern over the past year, says Colin Simpson, CEO of the Insurance Brokers Association of Ontario. “Inflation on physical damage has been reported to be about 6% to 7% a year,” he says.…
A new regime for tow truck regulations? What auto insurers want to see
July 2, 2020 by David GambrillAuto insurers are applauding Ontario’s creation of a new government task force to improve provincial oversight of the tow truck industry, citing the possibility of reducing insurance fraud and associated premium reductions for consumers. “IBC applauds the Ontario government for…
How a property owner can be liable when a motorcycle hits a wayward donkey
July 2, 2020 by Greg MeckbachA Supreme Court of Canada decision released Thursday means a construction materials supplier is partly liable for injuries suffered by a motorcyclist who collided with a donkey that escaped from a rural property. In 2009, Amir Youssef was riding his…
SERVPRO selected by Canadian Federation of Independent Business (CFIB) as COVID-19 cleaning partner
July 2, 2020 by SERVPROIndustry leader in clean-up and restoration available to provide services to more than 100,000 CFIB members across the country. MISSISSAUGA, ON, JULY 2, 2020/insPRESS/ – Canadian SERVPRO franchisees have recently been approved by the Canadian Federation of Independent Business (CFIB) to…
How the P&C industry can lead change in long-term care homes
June 30, 2020 by Greg MeckbachInsurers could be instrumental in pushing nursing homes and long-term care facilities to improve the way they manage the risk of a disease outbreak, a Toronto-based personal injury lawyer suggests. “As a plaintiff’s personal injury lawyer, I usually don’t see…
Three injured, including firefighter, in house fire in Toronto’s Little Italy
June 29, 2020 by THE CANADIAN PRESSTORONTO – Two residents and a firefighter have been injured in an early morning house fire in Toronto’s Little Italy neighbourhood. Emergency crews were called to a home near College Street and Manning Avenue at 1:25 a.m. for a fire…
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 —…