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Barely passable grade on flood preparedness demands immediate action: report

October 31, 2016 by Canadian Underwriter

All 10 Canadian provinces and Yukon are not making the grade when it comes to flood preparedness, signalling the need for change, including not allowing municipalities to override provincial or territorial direction on development in flood-prone areas, argues a new

News InsuranceLegislation / RegulationMergers and Aqcuisitions

Most Canadians “decidedly supportive” of distracted driving legislation, majority want distracted walking laws: poll

October 27, 2016 by Canadian Underwriter

Canadians are “decidedly supportive” of the legislation that bans drivers from using hand-held devices in every province, and a majority believe the time has come to implement distracted walking legislation in their municipality, according to a new Canada-wide poll. Released

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and AqcuisitionsTechnology

Doubts being raised over Quebec’s legislation regulating Airbnb-type rentals

September 19, 2016 Ross Marowits - THE CANADIAN PRESS

MONTREAL – Quebec is often held up as a model for other provinces to follow when it comes to regulating the growing home-sharing market, but doubts are being raised over whether recent provincial changes are having any impact. In April,

News InsuranceMarkets / CoveragesProfessional DevelopmentReinsurance

Ontario Municipal Insurance Exchange (OMEX) suspends underwriting operations

August 11, 2016 by Canadian Underwriter

The Ontario Municipal Insurance Exchange (OMEX) announced on Thursday that it will suspend Reciprocal underwriting operations effective immediately “to allow it time to fully assess the needs of Ontario municipalities with a view to redesigning its products to better service

News InsuranceMergers and AqcuisitionsTechnology

Autonomous vehicles will have “whole host of impacts” on municipalities: Insurance Telematics Canada speaker

May 3, 2016 Greg Meckbach, Associate Editor

Autonomous vehicles will “shrink” the auto insurance industry but could also increase liability risk for municipalities, speakers suggested at a recent conference in Toronto. “Over time, this is going to transform mobility and what cities look like,” said Stephen Buckley,

News CatastrophesClimate ChangeLegalMergers and AqcuisitionsTechnology

IBC, Tesera Systems announce transfer agreement for bureau’s Municipal Risk Assessment Tool

March 30, 2016 by Canadian Underwriter

Insurance Bureau of Canada (IBC) has announced the intellectual property rights for its municipal risk assessment tool (MRAT) – a made-in-Canada solution to help communities be more resilient and adaptable to climate change – is being transferred to Tesera Systems