Canadian Underwriter

Keyword
auto insurance


News Earnings / RatingsInsuranceMergers and Aqcuisitions

Echelon Financial Holdings’ net loss rises to $4.5 million in 2016 Q1, dividend suspended, strategy is to build on Canada’s strengths

May 5, 2016 by Canadian Underwriter

Challenges in Echelon Financial Holdings Inc.’s International business overshadowed solid Canadian profits, contributing to the company reporting a net loss in 2016 Q1 compared to the prior-year quarter. Net loss for the three months ended Mar. 31, 2016 amounted to

News InsuranceMergers and AqcuisitionsTechnology

U.S. insurers that lead in digital shopping channels also lead in premium growth: J.D. Power study

May 3, 2016 by Canadian Underwriter

Insurers that lead in digital shopping channels also lead in premium growth, according to the J.D. Power 2016 U.S. Insurance Shopping Study, released on Friday. Now in its 10th year, the study measures auto insurance shopping, purchase behavior and purchase

Daniel Strigberger, Partner, Kitchener-Waterloo, Miller Thomson
Feature InsuranceLegalLegislation / RegulationMergers and Aqcuisitions

Bates Revisited

May 1, 2016 Daniel Strigberger, Partner; and Jenna Meth, Lawyer, Samis + Company

In the early 1990s, the Supreme Court of Canada found there were no practical alternatives – as of 1983 – to rating auto policyholders on the grounds of age, sex and marital status. But would today’s telematics products, which detect acceleration, braking, and cornering, help provide such alternatives?

News InsuranceMergers and Aqcuisitions

Feds propose extension of mandatory Bank Act review to 2019

March 23, 2016 by Canadian Underwriter

The federal government said Tuesday it is proposing to extend by two years the mandatory review of the Bank Act, which prohibits financial institutions from selling home and auto insurance in their branches. Finance Minister Bill Morneau is also proposing

Philomena Comerford, President and Chief Executive Officer, Baird MacGregor Insurance Brokers LP
Feature

In Plain Sight

March 11, 2016 Philomena Comerford, President and Chief Executive Officer, Baird MacGregor Insurance Brokers LP

When changes in technology trigger changes in human behaviour, the societal implications can be far-reaching. The well-publicized and popular Uber app that matches UberX drivers with paying passengers has been launched in several Canadian municipalities, causing headaches for insurers, brokers,

Feature

Rock and a Hard Place

March 1, 2016 The CIP Society Insurance Institute of Canada

Adjusters are required to juggle multiple tasks. But a busy environment, demanding workload and unexpected meetings should not influence interactions with clients. As the first points of customer contact, adjusters must maintain a professional demeanour by listening, showing empathy and putting clients at ease.