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62% of Canadians “oppose” or “somewhat oppose” banning ridesharing services: poll

July 25, 2017 by Canadian Underwriter

More than six in 10 Canadians (62%) oppose or somewhat oppose banning ridesharing services such as Uber, according to recent polling conducted by Nanos Research. When asked their level of support for banning services like Uber, slightly more than three

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Platform provider revenues for sharing economy forecast to double in 2022: Juniper Research

July 24, 2017 by Canadian Underwriter

The move by established sectors to press their first-mover advantage looks poised to push growth in the sharing economy much higher over the next five years, reaching US$40.2 billion in 2022, notes a new research report released Monday by U.K.-based

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The Commonwell Mutual Insurance Group launches new policy to protect clients against “home sharing rentals gone wrong”

July 10, 2017 by Canadian Underwriter

Lindsay, Ont.-based The Commonwell Mutual Insurance Group, a home and auto insurance company, announced on Monday the launch of a new policy designed to protect clients against “home sharing rentals gone wrong” on popular sites like Airbnb, FlipKey and HomeAway.

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Toronto considering zoning, licensing and taxation rules for short-term rental platforms

June 13, 2017 by Canadian Underwriter

The City of Toronto will soon consider recommendations to adopt new rules for short-term rental platforms such as Airbnb – which are unregulated – to address concerns ranging from noise to safety and taxation, notes a municipal backgrounder. The Report

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New Insurance Institute webinar to explore the sharing economy as an “opportunity and a threat” for Canadian p&c industry

May 30, 2017 by Canadian Underwriter

The Insurance Institute of Canada (IIC) will host a webinar examining the sharing economy as both an opportunity and a threat to the Canadian p&c industry. The webinar is scheduled for June 14 at 1 p.m. EDT. It offers “future-forward

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Most Airbnb hosts not registered in Quebec, one year after law took effect

May 29, 2017 Aleksandra Sagan - THE CANADIAN PRESS

The majority of Quebecers who list their properties on Airbnb and other home rental websites are not registering with the province, just over a year since it implemented a law regulating them, new data suggests. The province’s Tourism Department says

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Facebook a ‘critical part’ of financial service providers’ marketing strategy: CSIO speaker

April 17, 2017 Greg Meckbach, Associate Editor

Insurance providers need to consider mobile computing devices and targetting prospective customers at certain stages of their life, a Facebook Canada official recently told members of the Centre for Study of Insurance Operations. “Think mobile first,” said Robert Geller, a

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Panelists warn of risks from room rentals through sharing economy

March 7, 2017 Greg Meckbach, Associate Editor

Property owners who want to rent their places to travellers using the “sharing economy” need special insurance coverage and one large risk is when they prepare food for customers, speakers suggested Tuesday at an event hosted by Allianz Global Assistance.

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Coalition proposes template to regulate Airbnb in Toronto

March 6, 2017 by Canadian Underwriter

Homesharing hosts should have to provide criminal background, ownership and insurance checks and prove they are compliant with apartment and/or condominium board rules for their unit, a coalition of hotel and tenants associations suggested in a new report. Fairbnb, a

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IBC applauds Ontario government’s decision to move forward with creation of new financial services regulator

November 15, 2016 by Canadian Underwriter

The Insurance Bureau of Canada (IBC) is applauding the Ontario government’s decision to move forward with the creation of a new financial services regulator. On Monday, the government of Ontario announced in its 2016 Ontario Economic Outlook and Fiscal Review

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Ontario to introduce legislation to establish new Financial Services Regulatory Authority

November 14, 2016 by Canadian Underwriter

The Ontario government has announced that it will introduce legislation to establish the initial parameters for the Financial Services Regulatory Authority (FSRA), “a new independent and flexible regulator of financial services and pensions that, once established, would be more consumer-focused

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Commercial insurance for Airbnb hosts available in Iowa from insurtech startup Slice

October 5, 2016 by Canadian Underwriter

Slice Labs Inc. announced Wednesday the launch of a private beta in which commercial insurance is being offered to hosts in Iowa who rent their homes. “The first product applies to homeshare hosts renting their homes on various homeshare platforms,”