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Paid Western Financial Group President & CEO Kenny Nicholls says a focus on people, growth, and social responsibility propels the industry and organization forward

October 1, 2021 Western Financial Group

Consolidation trends in the industry have some brokerage owners looking to larger brokerages as a succession plan. The insurance industry is evolving rapidly, and Western Financial Group President and CEO, Kenny Nicholls, is hopeful and excited about the future for

News ClaimsClaims CanadaEarnings / RatingsInsurance

PACICC unpacks industry-wide P&C financial results

September 30, 2021 by Greg Meckbach

The industry made a record profit in homeowners’ insurance and overall premiums are up, but 20 Canadian insurers are losing money while dozens recently lost market share, an economist with Property and Casualty Insurance Compensation Corporation observes. “The healthy insurance

Businessman with stack of office files
News Insurance

Digitization is ‘much more than going paperless,’ panel says

September 30, 2021 Canadian Underwriter Staff

Going digital doesn’t simply mean going paperless — it’s about the end-to-end customer experience, panellists participating in a Canadian Underwriter webinar advised. “When we talk about going paperless, it’s much broader and more robust than simply not mailing out paper

News Insurance

How much claims costs decreased for one insurer

September 30, 2021 by Jason Contant

Manitoba Public Insurance (MPI) is reporting a 27% decrease in claims costs in the first quarter of 2021 compared to a year ago, primarily as a result of less vehicles on the road due to the COVID-19 pandemic. Claims costs

News Insurance

Regulator expects more frequent volatility in financial sector

September 30, 2021 Ian Bickis - THE CANADIAN PRESS

TORONTO – The head of Canada’s banking regulator warned Wednesday of the potential for increased volatility in the global financial system as risks, especially around climate change and digital finances, are on the rise. “My new responsibility requires that I

insPRESS Insurance

Improve your cash flow with FIRST Canada at the RIMS Canada 2021 Virtual Conference

September 30, 2021 FIRST Insurance Funding of Canada

TORONTO, ON, SEPTEMBER 30, 2021 /insPRESS/ – Partner for success with FIRST Insurance Funding of Canada (FIRST Canada), the industry leader in payments solutions, to improve your cash flow. Learn how you can help your clients reinvest their working capital

insPRESS Insurance

30 Forensic Engineering Welcomes Julia Rybiak B.E.Sc. as Associate to the Collision Reconstruction Group

September 30, 2021 -30- Forensic Engineering

TORONTO, ON, SEPTEMBER 30, 2021 /insPRESS/ – 30 Forensic Engineering, Canada’s leading multidisciplinary forensic firm, is pleased to announce the appointment of Julia Rybiak B.E.Sc. as Associate, within the Collision Reconstruction group.                       

insPRESS Insurance

First Onsite supports Orange Shirt Day

September 30, 2021 First Onsite

MISSISSAUGA, ON, SEPTEMBER 30, 2021/insPRESS/ – The first National Day for Truth and Reconciliation seeks to recognize the legacy of residential schools and bring awareness to the ongoing process of reconciliation and honours the victims, families, and survivors of residential

insPRESS Insurance

Envista Forensics Announces Noteworthy Staffing Updates to their Canadian Operations

September 30, 2021 Envista Forensics

TORONTO, ON, SEPTEMBER 30, 2021/insPRESS/ – Envista Forensics, a leading global forensic consulting company, announces two noteworthy staffing updates to their Canadian operations.   Effective today, Ron Koerth, P.Eng., Senior Vice President, Canada, has returned to a technical consulting role,

News Insurance

Less than half of SMEs are ‘very confident’ in their cyber defences: survey

September 29, 2021 Maddie Johnson, Advisor’s Edge

The vast majority of Canadian companies have cyber security protocols in place, yet many still fall behind when it comes to testing their systems, according to new research from KPMG LLP. The Toronto-based firm’s 2021 Cyber Security Poll found that

News ClaimsClaims CanadaCommercial LinesInsuranceLegal

‘Bodily injury expected or intended’ exclusion applies to daycare seeking liability coverage

September 29, 2021 by Greg Meckbach

Liability insurer Northbridge does not have to cover a Prince George, British Columbia daycare owner accused of shaking a child severely enough to cause brain injury, a judge ruled last week. A lawsuit, against the person operating the daycare, was

News Insurance

Empty nest: How to talk to your clients about vacant home policies

September 29, 2021 Brooke Smith

Clients may need a vacant home policy for several reasons. “The most common one right now is people purchasing properties and looking to either improve them or completely rebuild,” said Rhys Doiron, group home & auto coordinator with Ontario brokerage