Canadian Underwriter

Keyword
fraud


News ClaimsInsurance

If a car is parked in the forest, is it fraud?

March 20, 2018 by Jason Contant

Out of sight, out of mind? That expression could be used to describe a recent Manitoba Public Insurance (MPI) fraud case in which a hunter, deep in the backwoods of the Interlake, was amazed to come across a car in

News Legislation / Regulation

New discount proposed for claimants who use insurers’ accredited body shops

March 13, 2018 Greg Meckbach, Associate Editor

In the wake of an undercover investigation that allegedly caught collision repair centres deliberately damaging vehicles, Aviva Canada is pushing for discounts for vehicle owners who agree to use an insurer’s accredited body shop. Such a discount would require a

News InsuranceTechnology

Fraud survey reveals Canadians’ fears about safety of personal information

March 7, 2018 by Jason Contant

Nearly four in 10 (39%) of Canadians fear that their personal information has been compromised. The annual fraud survey, released on Wednesday, was commissioned by the Chartered Professional Accountants of Canada and conducted last month. Three-quarters (76%) of 1,000 Canadians

Feature

Some Assembly Required

February 27, 2018 David Gambrill, Editor-in-Chief

Auto lines across Canada are in dire need of repair right now. In a fairly benign year, with virtually no major catastrophe events, the Canadian property and casualty industry still came dangerously close to losing money, posting a relatively disappointing

News InsuranceLegalMarkets / Coverages

Ontario PC leadership hopeful slams Liberals for delaying auto fraud office

February 21, 2018 by Greg Meckbach

Ontario PC leadership candidate Caroline Mulroney promises to do “more than just talk” about cracking down on insurance fraud if she becomes premier of Ontario this June. Ontario Liberal Finance Minister Charles Sousa announced this past December the provincial government

Feature Legislation / Regulation

Fraud Squad

February 8, 2018 Kim Donaldson, Vice-President, Ontario Region, Insurance Bureau of Canada

Ontario wants to stamp out auto insurance fraud by creating a dedicated team of fraud prosecutors. Here’s what P&C insurers think of the plan…

News InsuranceLegalMarkets / Coverages

Top 5 auto frauds in Manitoba last year

January 12, 2018 by Jason Contant

Manitoba Public Insurance (MPI) has released its top five frauds of 2017. The annual list is selected by reviewing a number of factors, including “sheer uniqueness of the fraud, financial savings for MPI and investigative excellence in unearthing the fraud.”

News InsuranceMarkets / CoveragesProductsTechnology

Tool can help insurers ensure document authenticity

December 20, 2017 Jason Contant, Online Editor

An Ontario-based property inspection and analysis company will soon publicly launch a product that could help carriers verify the authenticity of an insured’s photos, files and forms. The Image and Document Upload System (IADUS) uses specific features to help insurance

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 InsuranceLegalLegislation / RegulationMarkets / CoveragesTechnology

Are your clients covered for social engineering fraud?

November 27, 2017 Greg Meckbach, Associate Editor

Brokers should not assume that a client who has bought a cyber or crime policy is covered for the risk of innocent employees who are duped into making fraudulent money transfers. ‘Social engineering fraud’ is a broad term describing scams

News ClaimsInsuranceLegalMarkets / Coverages

Why an insurer invites mandatory fraud reporting

November 23, 2017 Greg Meckbach, Associate Editor

Insurers in Canada should have no choice but to report to fraud to law enforcement and to industry peers, be it is claims for healthcare services that were not provided or bills for repairs that were never done, an Aviva

News LegalMarkets / CoveragesTechnology

Fraudulent e-mail a ‘real big deal’ in cyber risk

November 16, 2017 Greg Meckbach, Associate Editor

There is plenty of competition in the cyber insurance market but placing a cyber product suitable for a client “can be a challenge” because different insurers offer different products, the author of a recent report suggested Thursday. International Risk Management