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News ClaimsInsuranceLegalMarkets / Coverages

Cap on minor injury auto awards could be coming to B.C.

February 1, 2018 by Greg Meckbach

British Columbia’s government is considering caps on awards, in auto insurance personal injury lawsuits, for pain and suffering for minor injuries, the province’s attorney general told Canadian Underwriter Tuesday. With a cap on minor injury claims, Insurance Corporation of B.C.

News InsuranceLegalMarkets / Coverages

Nova Scotia court dismisses auto liability case — after an 18-year delay

January 22, 2018 by David Gambrill

Would you be prepared to wait almost two decades to defend your insured policyholder in an uncomplicated auto liability case? One insurer stuck it out for 18 years until finally, on Jan. 19, 2018, the Supreme Court of Nova Scotia

News Earnings / RatingsInsuranceMarkets / CoveragesTechnology

Ontario auto insurance rates increased in last quarter of 2017

January 12, 2018 Allison Jones - THE CANADIAN PRESS

TORONTO – Auto insurance rates in Ontario increased in the last quarter of 2017, putting the Liberal government further away from its promise to cut rates by 15 per cent. Fourth quarter numbers released today by the Financial Services Commission

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2018 Outlook: David Levinson, President, Chief Agent, Zurich Canada

December 29, 2017 David Levinson

As 2018 begins, capital remains at the forefront in Canada. An active hurricane season in the United States will cause insurance carriers to look at their own exposures here in Canada, including earthquakes, fires, and floods. This may cause property

News ClaimsInsuranceLegislation / Regulation

Canadians show disconnect on distracted driving

December 29, 2017 by David Gambrill

Distracted driving is getting worse, Canadians say, even as the laws are tightening and public education campaigns are in full gear. More than four out of five Canadians (83%) believe texting while driving is a bigger problem today than it

News InsuranceLegalMarkets / Coverages

Province looks for ways to keep track of uninsured drivers

December 18, 2017 by Canadian Underwriter

Newfoundland is looking for a way to keep better track of uninsured drivers, including an option that would see licence plates following owners. “The government is evaluating the feasibility of reconfiguring the Motor Registration Division’s computer system for this purpose,”

News InsuranceLegislation / Regulation

Ontario to review postal code auto rate factor

December 12, 2017 by Canadian Underwriter

Auto prices can vary based on the customer’s home address; while this has been a sore point for some consumers, the Insurance Brokers Association of Ontario is urging the regulator to think carefully before changing the use postal code rating

News InsuranceLegislation / Regulation

Resisting auto accident cash settlements in Ontario could escalate disputes: Lawyer

December 12, 2017 by Greg Meckbach

Ontario auto insurance changes announced last week are “unlikely” to reduce disputes over accident benefits claims, an insurance defence lawyer predicts, but brokers and insurers agree the provincial government is moving in the right direction. Finance Minister Charles Sousa’s Dec.

News Insurance

Ontario targets auto fraud with new prosecutors’ team

December 5, 2017 Greg Meckbach, Associate Editor

Auto insurance fraudsters are the target of a team of new and dedicated prosecutors and investigators announced by the Ontario government Wednesday. The province said it plans to set up in the spring of 2018 what it calls the Serious

News InsuranceMarkets / Coverages

Minor injury caps coming to Newfoundland?

November 17, 2017 Greg Meckbach, Associate Editor

Brokers placing auto insurance in Newfoundland and Labrador should get in touch with politicians to put an ongoing review on their radar screen, and to let Insurance Bureau of Canada know whether they have any ideas on how to fix

News Earnings / RatingsInsuranceMarkets / Coverages

Auto insurance rates dropping in Ontario, but increasing in Alberta: LowestRates.ca

October 30, 2017 Jason Contant, Online Editor

A newly launched Auto Insurance Price Index from comparison site LowestRates.ca has found that auto insurance rates are dropping in Ontario, but rising in Alberta. Released on Monday, the index report tracks the average cost of consumer auto insurance on

Feature AssociationsLegislation / Regulation

Lessons of the Road

September 26, 2017 Kent Rowe, President, Insurance Brokers Association of Newfoundland and Labrador

Newfoundland and Labrador is undertaking an automobile insurance review meant to chart the way forward for the province. Whatever the final destination, brokers will be along for the ride to help ensure customers are protected, regulatory changes foster a healthy and sustainable system, and consumer education is enhanced.