Canadian Underwriter

Topic Personal Auto

Black GMC Sierra Denali driving on the street with trees in the background
News ClaimsInsurersLegalOntarioPersonal Auto

Man injured in a crash while sleeping in a stolen truck is covered

May 31, 2023 by David Gambrill

A man sleeping in the back of a pickup truck when it was stolen by an uninsured driver and involved in a serious crash is entitled to auto insurance coverage, the Court of Appeal for Ontario has ruled. The Appeal

Cropped shot of an unrecognizable businesswoman using her tablet to make payments while working late in the office
News CommercialInsurersPersonal AutoPersonal HomeTechnology

Sonnet teams with digital bank to offer group insurance

May 30, 2023 by David Gambrill

Sonnet Insurance has teamed up with the digital bank Tangerine to offer customized digital home and auto insurance exclusively for Tangerine clients. “This relationship speaks to the needs of our like-minded customers who value digital-first experiences that are trusted, straightforward,

Canada flag and Alberta flag flying on a pole against blue sky
News AlbertaBrokersCommercial AutoInsurersPersonal Auto

After Alberta election, what’s next for auto insurance?

May 30, 2023 by Alyssa DiSabatino

With the United Conservative Party’s Danielle Smith re-elected as Alberta premier, the industry is hoping for both long- and short-term solutions to the auto issue, especially since the province’s “rate pause” makes it harder for drivers to secure coverage and

Broker at a desk meeting with consumer and reviewing a policy
News BrokersCommercialCommercial AutoInsurersPersonal AutoPersonal Home

How satisfied Canadian consumers are with their insurer

May 26, 2023 by Alyssa DiSabatino

Despite the hard market slowing down service capabilities in some areas of the P&C industry, Canadian consumers seem satisfied with their insurance policies, according to a recent survey by insurance software company Duck Creek Technologies.   Almost all insured Canadians

Talent acquisition concept
News AlbertaBrokersCommercialHRManagementMergers and AqcuisitionsNew BrunswickNewfoundland & LabradorNova ScotiaOntarioPersonal AutoPersonal Home

BrokerLink president shares thoughts on brokerage M&A

May 24, 2023 by Jason Contant

BrokerLink still sees plenty of M&A opportunities in provinces where it currently operates and doesn’t have any immediate plans to expand into new geographic areas, the brokerage’s president told Canadian Underwriter in an interview Tuesday. BrokerLink is focusing its resources

Leader and Different Businessman (Game pieces)
News Commercial AutoInsurersManitobaPersonal Auto

MPI announces new interim CEO and president

May 23, 2023 by David Gambrill

Marnie Kacher is now interim president and CEO of Manitoba Public Insurance (MPI) while the province’s public auto insurer begins recruiting for a permanent leader. “MPI is an important Crown corporation and I want to thank Marnie Kacher for taking

Disabled woman with bandaged arm signing document
News ClaimsInsurersLegalOntarioPersonal Auto

‘Minor injuries’ don’t exist if they fall outside the Minor Injury Guideline

May 17, 2023 by David Gambrill

An auto injury falling outside of Ontario’s $3,500 Minor Injury Guideline (MIG) cap is no longer a ‘minor injury’ for the purpose of imposing funding limits on certain medical goods and services, Ontario License Appeal Tribunal (LAT) has ruled. “There

Accident involving bicyclist
News ClaimsEmerging RisksPersonal AutoTechnology

Why SUVs are more dangerous to cyclists than cars

May 17, 2023 by Jason Contant

SUVs cause more severe injuries — particularly head injuries — than cars when they hit bicyclists, likely because the large vehicles’ tall front ends strike cyclists higher on their bodies, new research has found. “SUVs tend to knock riders down, where

Thief In Hooded Jacket And Balaclava Opening Car's Door With Crowbar
News AlbertaClaimsInsurersLoss TrendsOntarioPersonal Auto

How theft and Alberta’s rate pause affected Definity’s auto portfolio

May 16, 2023 by David Gambrill

Auto theft, inflation, and increased claims frequency due to traffic returning to pre-pandemic levels all contributed to pushing Definity’s combined ratio in personal auto up to 100.9% in 2023 Q1, company executives reported in the company’s earnings call last week.

Man holding a card that reads 'auto insurance'
News ClaimsInsurersLoss ControlLoss TrendsManagementPersonal Auto

How Intact’s personal auto segment fared in 2023 Q1

May 15, 2023 by Jason Contant

Intact Financial Corporation grew its Canadian personal auto premium volume 5% in 2023 Q1 from one year ago, and continues to see positive growth in the segment, CEO Charles Brindamour said during a 2023 Q1 earnings call last week. “Top-line

Two groups in parentheses strive for unity. Generalization and reunification into a larger organization. Merger of companies, joining forces. Reconciliation and consensus.
News BrokersCommercialInsurersMergers and AqcuisitionsPersonal AutoPersonal Home

McDougall-McFarlan merger just the beginning for Definity

May 15, 2023 by David Gambrill

McDougall’s $232-million merger with Ontario brokerage McFarlan Rowlands last week is only the beginning for Definity, which is seeking more M&A growth to put it into the Top-5 P&C insurance companies in Canada. In its 2023 Q1 earnings call, Definity

Body shop interior with cars on the lift
News ClaimsInsurersPersonal AutoSupply Chain

Where Intact sees personal auto and inflation heading

May 12, 2023 by Jason Contant

Intact Financial Corporation expects inflation’s effect on personal auto to continue to tame, but the insurer has levers in place if the uncertain economic environment throws another curveball, senior executives said during a 2023 Q1 earnings call. Personal auto premiums