Canadian Underwriter

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Home Insurance


News InsuranceMarkets / Coverages

The latest home insurance product for brokers to figure out

May 19, 2018 by Greg Meckbach

With equipment breakdown and other new coverages available from homeowners’ insurance carriers, brokers need to make sure their clients or prospective clients are aware of their options, a Regina-based broker warns. “There are so many new products” available in homeowner

News InsuranceLegalTechnology

A new way to manage identity theft risk

May 7, 2018 by Greg Meckbach

A law intended to reduce the risk of identity theft, which is covered under some home insurance policies, is one step closer to reality in Ontario. Bill 8, the Access to Consumer Credit Reports and Elevator Availability Act, passed third

News InsuranceMarkets / CoveragesTechnology

Mixed responses to bullying in home insurance policies

February 8, 2018 Greg Meckbach, Associate Editor

Home insurance can cover parents of alleged bullies who are sued by their victims, but policy wordings vary from insurer to insurer, a lawyer told claims professionals Tuesday. Cyber bullying encompasses many activities, including defamation, promoting hatred against people and

News ClaimsInsuranceLegalMarkets / CoveragesTechnology

When drone damage could trigger a home insurance claim

February 8, 2018 Greg Meckbach, Associate Editor

When consumers fly unmanned aerial vehicles as a hobby, will their home insurance policies cover them for any lawsuits arising from property damage or personal injury caused by the drones? For the most part, aircraft is excluded in the wording

News InsuranceMarkets / Coverages

What brokers need to tell homeowners hiring renovators

January 9, 2018 by Greg Meckbach

Brokers placing home insurance should be advising clients on how to vet renovation contractors, a spokesperson for a bidding website advises. Some contractors could be working on homes without having workers compensation insurance, and while they may have insurance certificates

Feature Insurance

Affluent Market

November 10, 2017 Tia Becker, Manager of Personal Insurance, Burns & Wilcox Canada

Many wealthy homeowners have risks that are hard to place and may be suited for high-net-worth insurance policies, which can be tailored to reflect differences in contents and lifestyle.

News InsuranceMergers and AqcuisitionsTechnology

Esurance expands online auto and home insurance to Ontario

September 21, 2017 by Canadian Underwriter

Esurance has announced that it is expanding its online auto and home insurance to Ontario. Esurance – an Allstate company with homeowner and auto insurance available across Alberta, Ontario and the United States – uses “advanced technology to offer an

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

37% of Quebec tenants have no home insurance: IBC survey

September 6, 2017 by Canadian Underwriter

Nearly four in 10 tenants in Quebec have no home insurance, “a regrettable situation that clearly puts their financial security at risk,” the Insurance Bureau of Canada (IBC) said in a press release on Wednesday. A survey completed for IBC

News InsuranceLegalMarkets / CoveragesMergers and Aqcuisitions

Loblaw to keep operating PC Financial home & auto brokerage after ending banking relationship with CIBC

August 17, 2017 by Canadian Underwriter

PC Financial Insurance Broker Inc. – which places home and auto insurance in Ontario, Alberta and Atlantic Canada – will continue to be owned and operated by grocery and drug retailer Loblaw Companies Ltd., a PC Financial spokesperson told Canadian Underwriter Wednesday.
President’s Choice Bank, a Loblaw unit, announced Wednesday it has ended its 20-year relationship with the Canadian Imperial Bank of Commerce.
“Everyday banking products, including savings, chequing and mortgage accounts, previously offered under the President’s Choice Financial brand will continue to be provided by CIBC, under new branding…

News AppointmentsInsuranceMergers and Aqcuisitions

Roger Dunbar appointed to lead Sonnet

August 11, 2017 by Canadian Underwriter

Sonnet Insurance Company announced on Friday that Roger Dunbar has been appointed to lead the company, Economical Insurance’s digital direct channel, effective Monday, Aug. 14. “With a career focused on digital innovation and improved customer experience, Dunbar will lead a

News AssociationsInsuranceLegislation / RegulationMergers and Aqcuisitions

Insurers should ensure consumers are ‘better able to understand’ home insurance policies: CCIR

August 9, 2017 by Canadian Underwriter

In a paper released Wednesday, Canada’s insurance regulators’ association suggests that insurers need to better educate consumers so they can understand the terms – including limitations, exclusions and deductibles – of their property insurance contracts, while sharing aggregated property risk

News InsuranceMergers and Aqcuisitions

Two Quebec brokerages merge to “create a powerhouse and ensure better positioning in the Quebec City region”

August 1, 2017 by Canadian Underwriter

Quebec brokerage ESSOR Assurances announced on Tuesday that it has teamed up with brokerage Généralys assurance to “create a powerhouse and ensure better positioning in the Quebec City region.” Généralys assurance is one of the largest insurance brokers in home,