Canadian Underwriter

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News BrokersInsuranceLegislation / Regulation

Why B.C. brokers are not rallying behind Liberal auto insurance election promise

October 7, 2020 by Greg Meckbach

British Columbia’s Liberal party, which ruled the province from 2001 through 2017, is promising to open auto insurance up to competition if voters return the Liberals to power in the Oct. 24 election. “The ICBC monopoly is a failure and

News Insurance

Auto sales in best showing since outbreak

October 6, 2020 Anita Balakrishnan - THE CANADIAN PRESS

TORONTO – Auto sales in September were 2.4 per cent higher than a year earlier, marking the best month for dealers since the start of the COVID-19 pandemic. DesRosiers Automotive Consultants Inc. said on Thursday that 169,876 light vehicles were

News InsuranceLegislation / RegulationTechnology

Why insurers incurred penalties for over-charging Alberta auto clients

October 2, 2020 by Greg Meckbach

Programming errors are cited as the culprit for why some Alberta auto clients have been charged higher rates than those approved by the Automobile Insurance Rate board. Six auto insurers (ultimately owned by Economical, TD Bank and Intact) had to

News Claims CanadaLegalLegislation / Regulation

Mud + snow tires count as winter tires: Tribunal

September 28, 2020 by Greg Meckbach

British Columbia’s civil resolution tribunal has ruled against a motorist who claims the car he rented did not have proper winter tires because they were marked “mud + snow,” but the motorist is not liable for alleged damage to the

News Claims CanadaInsuranceLegal

Why this client wants to take insurer to Supreme Court over family protection endorsement

September 25, 2020 by Greg Meckbach

A motor vehicle personal injury lawsuit, involving Ontario’s family protection endorsement and multiple defendants when alcohol is involved, could be headed to the Supreme Court of Canada. A key question before the top court — if it decides to hear

News BrokersInsuranceLegislation / Regulation

How vehicle depreciation can create E&O risk

September 21, 2020 by Greg Meckbach

Personal auto insurance brokers who don’t offer an endorsement that would limit an insurer’s right to restrict its coverage to actual cash value could be increasing their errors and omissions risk, a senior broker has cautioned. Alberta and Ontario have

News AdjustersClaims CanadaInsuranceLegalLegislation / Regulation

Supreme Court of Canada paves way for insurers’ medical examiner’s lawsuit

September 10, 2020 by Greg Meckbach

A $15-million defamation lawsuit by an insurers’ medical examiner against an Ontario-based personal injury lawyer is going to trial, the Supreme Court of Canada announced in a divided ruling released Thursday. Dr. Howard Platnick “deserves to have his day in

News ClaimsClaims CanadaLegal

Top court to consider release that excludes ‘claims of any kind or nature whatsoever’

August 14, 2020 by Greg Meckbach

The legal status of a release that excludes a personal injury claimant from pursuing further claims arising out of the incident “of any kind or nature whatsoever” against the City of Corner Brook, Nfld., is headed to the Supreme Court

News ClaimsClaims CanadaInsurance

Fraud schemes that financially-strapped clients may be considering

July 14, 2020 by Greg Meckbach

Some consumers who owe money on vehicle loans during the COVID-19 pandemic may be tempted to make false auto theft claims, an independent adjuster warns. “Insureds who are desperate for money may have the vehicle stolen and burned to ensure

News Legal

How liability is shared for this left-turn collision at a yellow stoplight

July 14, 2020 by Greg Meckbach

A British Columbia motorist who was hit by an oncoming vehicle while turning left at a yellow light is 75% liable, not 100% liable as originally assessed by the insurer, the province’s Civil Resolution Tribunal (CRT) has ruled. Clayton Trenaman

News Insurance

How you could save an aging Ontario auto client $14,000

July 10, 2020 by Greg Meckbach

If you are not consistently shopping around for a better deal for your Generation X and Boomer-generation auto clients, they could be paying thousands extra after reaching middle age – unless they happen to find a lower rate from from

News Insurance

How many of your low-mileage drivers are shopping around for a better deal?

July 6, 2020 by Greg Meckbach

One impact of the pandemic has been a large spike in customers who are shopping around for a better deal because they are not driving very much, LowestRates.ca reports. “Consumers don’t understand why different insurance companies are reacting differently to