Topic
Insurance
Police investigate multi-tractor crash as carbon-levy protests continue in Alberta
April 3, 2024 The Canadian PressMounties in Alberta say they’re keeping traffic moving on the Trans-Canada Highway despite a roadside carbon-levy protest, and say five large farm tractors have already caused a multi-vehicle crash. Protesters slowed traffic on the Trans-Canada just west of Calgary on…
Why brokers are looking at personalized communication automation
April 2, 2024 by Jason ContantCanadian property and casualty insurance brokerages are gravitating towards personalized communication automation (PCA), an executive at brokerage automation company Pathway tells Canadian Underwriter. Nine years ago, only about 3% of insurance brokerages had adopted PCA into their operations, says Alek…
Canadian businesses are at risk of insolvency — here’s how insurance factors in
April 2, 2024 by Alyssa DiSabatinoIn Canada, corporate insolvencies have noticeably increased year over year, but brokers can step in to assist their clients with cash flow management and risk mitigation solutions, one expert shares. Insolvencies, defined as a business’s inability to abide by their…
3 ways Canadian insurers can prepare for political risk
April 2, 2024 by David GambrillCanada is not immune to social divisions resulting in damage caused by political protests, and insurance companies can do three things to prepare for political risk, says a new report published by the Insurance Institute of Canada. First, insurance companies…
30 Forensic Engineering Appoints Jason Kumagai, M.Sc., CCPE, CHFP as Practice Lead – Human Factors Group
April 2, 2024 30 Forensic EngineeringCALGARY, AB, APRIL 2, 2024 /insPRESS/ – 30 Forensic Engineering, Canada’s leading multidisciplinary forensics firm, is pleased to announce the senior appointment of Jason Kumagai, M.Sc., CCPE, CHFP as Practice Lead of our Human Factors group. Jason joins the 30…
Class-action lawsuit by taxi drivers against Quebec government begins
April 2, 2024 Jacob Serebrin – The Canadian PressA trial opens Tuesday in a class-action lawsuit accusing the Quebec government of wiping out hundreds of millions of dollars in the value of taxi permits by allowing ride-hailing company Uber to operate and then by abolishing the permit system.…
ClaimsPro Appoints Ana Batista as Director, Transportation, Equipment & Cargo (TEC)
April 2, 2024 SCM Insurance ServicesTORONTO, ON, APRIL 2, 2024/insPRESS/ – ClaimsPro, Canada’s leading provider of independent claims adjusting services and an SCM company, today announced the appointment of Ana Batista as Director, Transportation, Equipment, and Cargo (TEC). Part of ClaimsPro’s Specialty Risk Division, the…
Got retention problems? P&C firms with diverse leadership don’t
March 28, 2024 by Alyssa DiSabatinoIf your brokerage is looking to solve its labour retention problems, consider this: The more diverse a P&C brokerage’s leadership team is, the less likely staff are to consider leaving their jobs. So finds a Canadian Underwriter survey, asking P&C…
Desjardins president on why the direct writer expanded into the broker channel
March 28, 2024 by Alyssa DiSabatinoDesjardins’ acquisition of The Insurance Company of Prince Edward Island (ICPEI) will enable the direct writer to diversify its distribution model and expand its national reach, Desjardins General Insurance Group president and chief operating officer Valerie Lavoie tells Canadian Underwriter. …
Regulators suspend broker over fraudulent auto claim
March 28, 2024 by David GambrillA former Alberta broker who was suspended for a year last July for submitting a fraudulent auto insurance claim has had her B.C. licence suspended for a year, starting March 2024. B.C.’s insurance council said it was revoking her licence…
BBCG Claim Services Welcomes Andrew Latwis in Toronto
March 28, 2024 SCM Insurance ServicesTORONTO, ON, MARCH 28, 2024/insPRESS/ – BBCG Claim Services (BBCG), a division of ClaimsPro’s Specialty Risk Division and a national provider of specialized claims solutions, today announced the addition of Andrew Latwis as Executive Adjuster in their Toronto office. Andrew…
Toronto police recover stolen vehicles amid ongoing rise in auto theft
March 28, 2024 Maan Alhmidi – The Canadian PressToronto police announced the recovery of 48 stolen vehicles and the arrests of seven people Wednesday as they detailed their latest attempt to crack down on the growing issue of auto theft in the region. Investigators said information gathered during…