Canadian Underwriter

commercial auto

snow plough hitting a snow drift
News ClaimsCommercial LinesInsuranceMarkets / CoveragesRisk

Insurance forecast for snow plough operators this season

November 25, 2022 by David Gambrill

Hard market conditions in slow plough insurance are continuing to blow through, if Aviva Canada’s latest rate filing with Nova Scotia’s insurance regulator is any indication. Nova Scotia’s Utility and Review Board approved Aviva’s refinement of its rate surcharge for

Businessman using digital tablet to examine financial statistics
News BrokersClaimsClaims CanadaCommercial LinesInsuranceMarkets / Coverages

Two welcome commercial premium trends, post-pandemic

November 25, 2022 by Jason Contant

Gallagher in Canada is seeing some interesting premium trends in liability and commercial auto lines, now that pandemic restrictions are virtually non-existent.  Businesses such as restaurants were shuttered or faced restrictions throughout the peak parts of the pandemic, meaning that

Truck on the highway
News BrokersCommercial LinesInsuranceMarkets / CoveragesRiskTechnology

Insurers urge trucking fleets to use telematics data more proactively

November 17, 2022 by David Gambrill

Insurance companies are looking for truck fleets to manage their telematics data more proactively through the development of individual driver scorecard programs. “Insurance companies expect that [trucking fleets] don’t just have the [telematics] technology, but they’re doing something with the

News AnnouncementsBrokersInsuranceMarkets / Coverages

How Canada’s P&C market shifted in 2022

November 1, 2022 by Alyssa DiSabatino

Market conditions remain complex but are stabilizing as the industry approaches its last quarter this year, Aon’s 2022 Canadian Insurance Market Report found. Increased competition, along with positive underwriting results and loss activity, marks a transition from significantly challenged market

Sewerage system, dirty water discharged into river.
News ClaimsCommercial LinesInsuranceLegalLegislation / RegulationRestoration

Why Intact can’t recover $2.9 million in excess insurance payment

July 7, 2022 by David Gambrill

Intact Insurance has lost its bid to recover $2.9 million it paid above and beyond its $5-million insurance policy limit for cleaning up a 2012 chemical spill in North Bay, Ontario. Ontario’s Court of Appeal rejected Intact’s arguments that it

Aerial view of semi-trucks on a highway
News Insurance

Facility’s new approach to prevent truckers from “gaming the system”

June 6, 2022 by David Gambrill

Nova Scotia has approved Facility Association’s approach to rating commercial auto in a way that trucking operators cannot “game the system” and get Nova Scotia’s lower premium rates when they drive more extensively in other Canadian provinces. Essentially, a “surcharge

semi-truck at night
News ClaimsCommercial LinesInsuranceLegal

The insurance policy clause that saved this self-insurer

June 2, 2022 by David Gambrill

Clean Harbors Canada, one of largest hazardous waste haulers in North America, is not on the hook to pay the cost of first-party fire damage to a truck owned and operated by one of its contractors, an Ontario court has

City taxi at night
News ClaimsClaims CanadaLegalLegislation / Regulation

Cabbie assaulted while chasing fare outside taxi is not involved in an “auto accident”

April 19, 2022 by David Gambrill

A taxi driver who was severely beaten by a passenger, after the driver walked 40-to-50 steps away from his running taxi to collect a fare, was not involved in an insurable “auto accident,” the Ontario Superior Court has confirmed. The

Private and commercial vehicles drive down a scenic highway. The high bridge at the Pennsylvania Turnpike on the sunny spring day. Lehigh Valley, Poconos region, Pennsylvania, USA.
News Markets / Coverages

Inside Facility Association’s plan to harmonize commercial auto rates

March 14, 2022 by Alyssa DiSabatino

Facility Association will introduce a harmonized rating program for commercial and non-private passenger vehicles, which will help automate the rating process and put the brakes on truck operators trying to game the system, according to FA President and CEO Saskia

Model Car on money inside transparent piggy bank
News Insurance

What profit level this regulator expects of insurers

February 15, 2022 by David Gambrill

Nova Scotia’s insurance regulator has approved Intact Insurance for a small rate increase for individually rated commercial vehicles, including interurban trucks, in a decision more noteworthy for its insight into the kind of profit level the regulator expects of insurance

News Insurance

Stability, finally? What insurers and brokers can look forward to in 2022

November 12, 2021 Brooke Smith

Brokers and insurers may see some stabilization in the market in 2022. “We saw tremendous rate pressure, high operating ratios, and low ROIs in 2019 and 2020,” said Kevin Neiles, president, Western Canada and chief markets officer at Gallagher, during

News AdjustersClaimsClaims CanadaInsuranceLegalLegislation / Regulation

Ontario judge urges legislature to deal with insurance fraud

April 22, 2021 by David Gambrill

An Ontario judge has taken the rare approach in a sentencing decision to urge the provincial government to take steps to prevent future instances of insurance fraud. Ontario Court Justice David S. Rose made the obitur remarks in his written