Canadian Underwriter

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News ClaimsCommercial LinesEarnings / RatingsInsurance

Winners and losers of the COVID-19 quarter

September 24, 2020 by David Gambrill

Although COVID-19 infected the underwriting results of the entire P&C insurance industry, it did not affect all insurance organizations equally, as recent data released by MSA Research shows. “The overall picture that emerges at the end of June is one

News CatastrophesClaimsInsuranceReinsurance

Lloyd’s proposes “open source” frameworks for future pandemic coverage

July 6, 2020 by David Gambrill

Lloyd’s of London is proposing three “open-source frameworks” to provide a blueprint for better protecting society against systemic catastrophic events such as pandemics, after noting the market will pay out between $3 billion and $4.3 billion to its global customers

News BrokersInsuranceProfessional DevelopmentRisk

Brokers urged to stay on top of coverage changes as businesses re-open

June 22, 2020 by David Gambrill

Brokers are advised to be aware of the “second wave” — and that doesn’t refer to the anticipated increase in the number of novel coronavirus infections in the fall. No, brokers are now being cautioned about the new wave of

News Commercial LinesEarnings / RatingsInsurance

How Intact is handling commercial insurance relief measures

May 7, 2020 by Greg Meckbach

Canada’s largest property and casualty insurer is renewing some commercial policies with no changes in price, and is making mid-term policy adjustments to reflect changing risk portfolios under the current economic conditions. The company said in a recent earnings call

Feature Brokers

Narrowing your focus

May 3, 2020 Sarah Cunningham-Scharf

In a hard market dominated by large players, small and mid-sized commercial brokerages face an existential choice: Specialize — or risk extinction.

News BrokersClaimsCommercial LinesInsurance

Brokers seek four relief measures for hard-hit commercial clients

April 13, 2020 by Jason Contant

Canadian insurers have rolled out a number of measures to help Canadian homeowners, drivers and business owners in need over the past week, and now Canada’s national broker association is discussing with insurers additional relief measures for commercial clients affected

News ClaimsCommercial LinesInsurance

How to help commercial clients during mandatory business shutdowns

March 31, 2020 by Jason Contant

As non-essential businesses shutter across Ontario, your commercial business clients can take a few common sense preventative measures to help ensure their insurance coverage remains in place and facilities are maintained. To further contain the spread of COVID-19, Ontario Premier

News Commercial Lines

Manitoba government’s oversight of commercial vehicles inadequate: auditor

December 19, 2019 Steve Lambert - THE CANADIAN PRESS

WINNIPEG – The Manitoba government’s oversight of the trucking industry and other large commercial vehicles is inadequate in part due to infrequent inspections and improper checks before operators are certified, the province’s auditor general said Wednesday. In a 65-page report,

News Appointments

Who will be who in the Intact commercial specialty crew

December 17, 2019 by Greg Meckbach

Intact Financial Corp. announced Tuesday some key executive appointments in its commercial specialty and managing general agent business. Effective Jan. 1, Carla Smith will be senior vice president of specialty solutions for Intact. Pete Weightman, currently Intact’s senior vice president

News InsuranceLegislation / Regulation

Would driver training reduce risk for dump trucks and buses?

December 9, 2019 by Greg Meckbach

Could commercial auto risk be reduced if training was mandatory for drivers of dump trucks, buses and 20-foot cube vans? It’s a question Ontario’s transportation ministry is looking at, the province announced in its recent auditor general’s report. Formal training

News Insurance

What brokers and carriers want of each other in the hard market

December 3, 2019 by Jason Contant

It would appear that brokers and carriers want each other to “take on a little bit more,” in this hardening market, attendees to Insurance Bureau of Canada’s first-ever Commercial Insurance Symposium heard last week. Carriers want assistance in general underwriting,

News BrokersCommercial LinesInsuranceProfessional DevelopmentTechnology

How commercial brokers and carriers are dealing with the war for talent

November 29, 2019 by Jason Contant

Commercial brokerages are looking at non-traditional approaches, particularly around technology, to attract and build producer talent, speakers said Thursday at Insurance Bureau of Canada’s inaugural Commercial Insurance Symposium in Toronto. “We’re seeing some commercial brokerages put increasing emphasis on [non-traditional