Canadian Underwriter


Man with a neck injury
News ClaimsClaims CanadaInsurance

The spreading tentacles of staged collision operations

November 22, 2022 by Jason Contant

Staged collisions in Canada remain a significant concern for auto insurers, particularly in the Greater Toronto Area, where many interconnected players can make these operations difficult to infiltrate, an industry expert said at KPMG’s 2022 Insurance Conference last week. Violent

New York's Attorney General has alleged insurance fraud against former president Donald Trump
News InsuranceMarkets / Coverages

New York AG’s civil lawsuit accuses former president Trump of insurance fraud

September 21, 2022 by Jason Contant

New York’s Attorney General has launched a civil lawsuit against former U.S. president Donald Trump alleging financial fraud, including allegations he “[induced] insurers to provide insurance coverage for higher limits and at lower premiums.” New York Attorney General Letitia James’

Man attempting to steal a car
News Insurance

ServiceOntario employees charged in relation to theft of hundreds of vehicles

July 29, 2022 Noushin Ziafati - THE CANADIAN PRESS

Police say they’ve charged 28 people in Ontario and Saskatchewan, including several ServiceOntario employees, following an investigation into the fraudulent modification and sale of hundreds of stolen vehicles. In a news release Thursday, Ontario Provincial Police said they began an

Interviewer asking questions
News AdjustersClaimsClaims CanadaInsuranceLegal

Don’t investigate fraud suspicions indefinitely, court tells insurer

May 6, 2022 by David Gambrill

If an insurer suspects fraud in a house fire contents claim, it might be better to deny the claim within 60 days, alleging fraud, rather than to prolong the claims investigation indefinitely while asking for documentation from the insured that

Car, Travel, Road Trip, Savings, Piggy Bank
News InsuranceLegislation / Regulation

How Ontario plans to reform auto insurance

April 29, 2022 by David Gambrill

Ontario’s 2022 budget has a short paragraph dedicated to “reducing the cost of auto insurance,” including creating more choice for consumers, cracking down on auto insurance fraud and “enhancing fairness,” which would include new guidance on territorial rating. Exactly how

Documents about fraud risk management
News Insurance

Fraud risk management at B.C.’s $16 billion Site C dam project can improve: auditor

April 27, 2022 by Jason Contant

VICTORIA – British Columbia’s auditor general says Crown-owned BC Hydro can improve its management of potential fraud risks at the $16 billion Site C dam project. Michael Pickup says an audit found the Crown corporation has some elements of fraud

Traffic accident between red and green toy cars
News Insurance

Top 5 wild and wacky insurance fraud claims

March 22, 2022 by Jason Contant

Saskatchewan Government Insurance (SGI) saved approximately $6 million in 2021 from “hundreds of people” attempting to make fraudulent claims, the public insurer reported last week. “SGI’s Special Investigations Unit (SIU) investigates wild and wacky insurance claims, many of which turn

graphic of a padlock atop a laptop screen
News InsuranceRisk

B.C.’s auditor general says more work needed to assess risk of fraud in public sector

March 17, 2022 The Canadian Press

VICTORIA – British Columbia’s auditor general says the government’s framework to manage fraud in the public service is well underway, but it’s not fully developed. Michael Pickup says in a news release that fraud risk management in the province is

Photo of Ben Kosic
News Insurance

Capco Canada names new insurance practice lead

February 2, 2022 Canadian Underwriter Staff

Global technology and management consultancy Capco named Ben Kosic as a partner in its Canadian insurance practice. Kosic previously spent eight years as president and CEO of Canadian National Insurance Crime Services (CANATICS), an anti-fraud consortium representing eight of Canada’s

News Insurance

Public auto insurer’s Top 5 fraud cases of 2021

January 6, 2022 by Jason Contant

A phony kidnapping and a driver who was travelling nearly three times the speed he reported to investigators were among Manitoba Public Insurance (MPI)’s Top 5 auto fraud cases of 2021. Last year, MPI’s Special Investigation Unit (SIU) closed nearly

News Insurance

Here are the latest trends in insurance fraud

December 8, 2021 by Jason Contant

“Re-vinning” of stolen vehicles — where thieves steal a vehicle, put what appears to be a legitimate vehicle identification number (VIN) on the front dash and then sell it to an unsuspecting customer — is increasing as a fraud trend,

News Insurance

B.C. auditor calls for better fraud risk measures at public sector organizations

November 3, 2021 Dirk Meissner - THE CANADIAN PRESS

VICTORIA – Public sector organizations in British Columbia must do more to strengthen their fraud risk assessment and management practices, says auditor general Michael Pickup. A survey of 140 public sector organizations, including ministries, Crown corporations and post-secondary institutions, found