Keyword
Home Insurance
Loblaw to keep operating PC Financial home & auto brokerage after ending banking relationship with CIBC
August 17, 2017 by Canadian UnderwriterPC 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…
Roger Dunbar appointed to lead Sonnet
August 11, 2017 by Canadian UnderwriterSonnet 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…
Insurers should ensure consumers are ‘better able to understand’ home insurance policies: CCIR
August 9, 2017 by Canadian UnderwriterIn 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…
Two Quebec brokerages merge to “create a powerhouse and ensure better positioning in the Quebec City region”
August 1, 2017 by Canadian UnderwriterQuebec 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,…
IBC encouraging policyholders to discuss policy limits with insurers as B.C. wildfires continue
July 10, 2017 by Canadian UnderwriterAs British Columbia has declared a state of emergency due to wildfires burning out of control throughout much of the Interior, the Insurance Bureau of Canada (IBC) is encouraging policyholders to discuss policy limits with their insurer. Most home and…
Source of leaks causing home water damage ‘can go undetected for years,’ warns Allstate
May 29, 2017 by Canadian UnderwriterBurst water pipes are a frequent cause of large claims in Quebec, Allstate Insurance Company of Canada suggested Monday. In a press release, Allstate shared some findings from the Allstate Insurance Safe Homeowners Study. In the study of household incident…
IBC board recommends Ontario, Atlantic Canada members voluntarily align home policies to protect innocent co-insureds
May 16, 2017 by Canadian UnderwriterThe Insurance Bureau of Canada’s (IBC) board of directors is recommending that IBC’s members operating in Ontario and the Atlantic provinces voluntarily align their home insurance policies with other jurisdictions when it comes to protecting “innocent co-insureds.” Current legislation in…
Aviva Canada partners with Tennis Canada for home and auto insurance program
May 15, 2017 by Canadian UnderwriterAviva Canada Inc. announced on Monday that it launching a new “tennis-focused brand experience for home and auto insurance through an extended partnership” with Tennis Canada. The Tennis Canada Home and Auto insurance program for both fans and players alike…
161 companies have exited Canadian P&C market in past 20 years, 96% voluntarily: PACICC
April 13, 2017 Jason Contant, Online EditorOver the past 20 years, 161 different insurance companies have exited the Canadian P&C market, 96% of which were voluntary exits, according to a new report from the Property and Casualty Insurance Compensation Corporation (PACICC). The report, the 11th in…
Square One finds it ‘surprising’ how many renters go without home insurance
March 20, 2017 by Canadian UnderwriterA survey indicates that most renters in Alberta, Ontario and British Columbia have home insurance, Square One Insurance Services Inc. suggested Monday. The Vancouver based firm “recently surveyed over 1,500 renters in British Columbia, Alberta and Ontario.” More than a…
Offers that help save money on home and auto insurance of interest to customers: broker forum speaker
March 6, 2017 Jason Contant, Online EditorBrokers could provide added value to their customers by suggesting offers that that help save money on home and auto insurance, attendees to the Insurance-Canada.ca Broker Forum (ICBF) heard last week. “Fully 50 to 60% of your customers are saying,…
Northbridge Insurance teams up with Alert Labs for pilot project with home water damage sensors
February 17, 2017 by Canadian UnderwriterNorthbridge Insurance has teamed up with Alert Labs for a pilot project that provides customers up to $150 in annual savings on their home insurance if they purchase sensors aimed at protecting homes against water damage. The pilot project offers…