Canadian Underwriter

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liability


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Province’s ridesharing law requires minimum policy limit

December 1, 2017 by Canadian Underwriter

Saskatchewan has introduced legislation allowing for ridesharing services to operate in the province, with an interesting insurance twist. The Vehicles for Hire Act requires the ridesharing company to file written evidence of a motor vehicle liability insurance policy with a

News InsuranceMarkets / Coverages

Hockey Fight in Canada—insuring our national sport

November 24, 2017 David Gambrill, Editor-in-Chief

When William Carrier of the Vegas Golden Knights dropped the gloves to fight Michael Liambus of the Anaheim Ducks last Wednesday, hockeyfights.com posted footage of the battle, asked viewers to rate the fight, and logged the event as the 70th

News InsuranceLegislation / RegulationMarkets / CoveragesTechnology

Liability of self-driving automakers in the spotlight

November 15, 2017 Michael Liedtke - THE ASSOCIATED PRESS

SAN FRANCISCO – California regulators are embracing a General Motors recommendation that would help makers of self-driving cars avoid paying for accidents and other trouble, raising concerns that the proposal will put an unfair burden on vehicle owners. If adopted,

News InsuranceMarkets / CoveragesProductsTechnology

New policy designed to simplify cyber risk management

November 14, 2017 by Canadian Underwriter

Berkshire Hathaway Specialty Insurance (BHSI) has launched a cyber insurance product in Canada that combines cyber liability and breach response coverage with risk management resources for commercial enterprises and financial institutions. “Our new policy simplifies the complex endeavour of managing

Feature Claims CanadaInsurance

Traditional homeowners’ insurance on a collision course with the sharing economy

November 3, 2017 Laura L. Emmett and Kaitlyn E. Armstrong

The Rise of the Sharing Economy Consumers are increasingly interested in leasing and sharing products rather than buying and owning them. The aptly named “sharing economy” is growing rapidly, fueled in part by social media, which facilitates communication between peers

News ClaimsConstructionInsuranceMarkets / CoveragesProducts

BHSI unveils new offering, follow form for U.S. and Canadian contractors

November 1, 2017 by Canadian Underwriter

Boston-based Berkshire Hathaway Specialty Insurance (BHSI) has announced the availability of a single excess policy that sits atop multiple first- and third-party insurance policies for contractors in the United States and Canada. The new policy provides excess follow form protection

News AnnouncementsInsuranceTechnology

JLT Canada, Certisync look to overhaul tenant insurance processes, maximize portfolio insurance strategies.

October 25, 2017 by Canadian Underwriter

Jardine Lloyd Thompson Canada Inc. and Certisync International have teamed up as part of a joint venture to help property managers and administrators in Canada and revolutionize how the industry regulates tenant insurance processes. Aimed at giving property managers greater

News InsuranceMarkets / CoveragesProducts

BHSI introduces motor truck cargo legal liability insurance in Canada

October 18, 2017 by Canadian Underwriter

Berkshire Hathaway Specialty Insurance (BHSI) said on Wednesday that it has expanded into inland marine product line in Canada with the launch of its motor truck cargo legal liability policy. The product protects against the legal liability exposure commercial truckers

Feature Technology

Yellow Light, Green Light

October 6, 2017 Peter Vlaar, Associate Lawyer, McCague Borlack LLP

Will autonomous vehicles change litigation? While the answer to that question is surely “yes,” a deeper dive is needed to fully grasp what related developments could mean for property and casualty insurance. Longer term, a simpler system overall for addressing liability in auto claims is anticipated.

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Turo launches car-sharing marketplace in B.C., partners with car rental entrepreneurs

October 3, 2017 by Canadian Underwriter

Turo, which connects local car owners with travellers looking for adventure and in need of a vehicle, has expanded its car-sharing marketplace into British Columbia. To address provincial insurance regulations, the company has structured the expansion by partnering with local,

News InsuranceLegislation / RegulationMarkets / CoveragesTechnology

Autonomous vehicles will require a reassessment of liability: RIMS Canada Conference speaker

September 26, 2017 Jason Contant, Online Editor

Autonomous vehicle (AV) technology will require a reassessment of liability and the uncertainty surrounding liability may even slow the introduction of AV technology, a speaker suggested on Monday at the RIMS Canada Conference. Jim Kidd, project manager at the City

News CatastrophesClaimsClimate ChangeMergers and Aqcuisitions

Standard would help enhance flood resilience of new communities: report

September 26, 2017 by Angela Stelmakowich

Research out of the University of Waterloo recommends a Canadian standard for new flood-resilient residential communities, one that employs almost two dozen best practices, be developed to bolster protection and reduce water-related losses. Requiring that new homes not be built