Canadian Underwriter

Topic Personal Auto

News ClaimsInsurersManitobaPersonal Auto

Auto insurer sees severe accidents spike on pandemic’s open roads

September 1, 2020 by Jason Contant

This year so far is on track to be the worst year in a decade for serious/catastrophic injuries, government auto insurer Manitoba Public Insurance (MPI) reported Friday.  While traffic volumes still remain relatively low due to the COVID-19 pandemic, many

News InsurersPersonal Auto

This car is orange. Do your clients know it won’t necessarily cost any extra to insure it?

September 1, 2020 by David Gambrill

Driving in the passing lane of the highway, your client sees in her rearview mirror an antenna pull up behind her. A horn blares. She pulls into the right lane, and an orange Lamborghini Aventador moves ahead, leaving her behind

News Claims Canada ArchiveLegalLiabilityOperationsPersonal Auto

Court rules against The Co-operators in hit-and-run scooter accident

August 27, 2020 by Greg Meckbach

An Ontario court has ruled against an insurer’s attempt to dismiss a lawsuit in which an argument was made that the woman on the receiving end of a hit-and-run could have reasonably done more to get the driver’s information. In

News ClaimsManitobaPersonal AutoProperty

Survivor recalls deadly Manitoba tornado hitting Jeep

August 24, 2020 by The Canadian Press

VIRDEN, Man. – James Blacksmith closes his eyes and goes back to the moment he saw a pine tree viciously uprooted from the earth and topple onto his Jeep’s roof. Within seconds, the windows burst from the force of a

News AlbertaCommercial AutoEmerging RisksInsurersNova ScotiaOntarioPersonal AutoQuebec

Economical to take over commercial ridesharing insurance coverage from Intact

August 21, 2020 by Jason Contant

Economical Insurance will replace Intact Insurance as the commercial auto insurer for Uber in four Canadian provinces effective Sept. 1. Waterloo, Ont.-based Economical announced Tuesday in a press release the “new and significant relationship with Uber in Canada, designed to

News BrokersManagementMergers and AqcuisitionsOperationsPersonal AutoPersonal Home

What Intact is telling competitors who distribute through BrokerLink

August 17, 2020 by Greg Meckbach

Intact CEO Charles Brindamour is assuring his competitors that they are not at a competitive disadvantage with Intact should they distribute their insurance through Intact Financial Corp.’s BrokerLink brokerage unit. “Our strategy is not to get the brokerage business to

News ClaimsClaims Canada ArchiveClaims ProfessionalsLegalLiabilityNewfoundland & LabradorPersonal AutoRisk Managers

Top court to consider release that excludes ‘claims of any kind or nature whatsoever’

August 14, 2020 by Greg Meckbach

The legal status of a release that excludes a personal injury claimant from pursuing further claims arising out of the incident “of any kind or nature whatsoever” against the City of Corner Brook, Nfld., is headed to the Supreme Court

News Emerging RisksInsurersLegalLoss ControlOntarioPersonal AutoTechnologyTrending

Why it’s hard to make telematics ‘commercially viable’ in Canada

August 13, 2020 by Greg Meckbach

If regulators continue to prohibit auto insurers from imposing surcharges when they detect risky driving behaviour through telematics, it will be difficult for usage-based insurance to be commercially viable, an Aviva Canada data science expert suggests. “Telematics is a good

News ClaimsOntarioPersonal AutoPersonal Home

Why this home insurer has a duty to defend a road rage claim

August 11, 2020 by David Gambrill

Pembridge Insurance Company of Canada has a duty to defend an insured who has liability coverage under a home insurance policy in a case in which the insured got out of his car and allegedly threatened another driver in a

News ClaimsClaims TechnologyCommercial AutoInsurersPersonal Auto

How COVID has changed Intact’s digital journey

August 6, 2020 by Greg Meckbach

The COVID-19 pandemic has changed the way Intact Financial Corp. offers digital services and some of these changes could be permanent. Since several provinces imposed lockdown measures in March after the World Health Organization declared COVID-19 a pandemic, Intact has

News InsurersLegalLoss ControlLoss TrendsOntarioPersonal AutoTechnology

Why regulation holds auto insurers back from using advanced modelling

August 4, 2020 by Greg Meckbach

Auto insurers could potentially use artificial intelligence to improve risk segmentation but some of the newer modelling techniques may not be a good fit with the way rates are currently regulated, a data science expert for one insurer suggests. Ontario’s

News AdjustersAlbertaB.C.CatastrophesClaimsInsurersOntarioPersonal AutoPersonal HomePropertyQuebecTrending

How high cat losses could go this year

August 4, 2020 by Adam Malik

Alberta has become the epicentre for cat losses this year as combined insured damage could reach, if not exceed, $2 billion in the province alone after multiple natural catastrophes have hit various regions over a four-month span. The calculations come