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News InsuranceLegislation / Regulation

How long it’s taking now to approve Ontario auto rate filings

June 18, 2020 by Greg Meckbach

The average Ontario auto insurance filing now takes less than two weeks to get approved, the provincial regulator told Canadian Underwriter. The Financial Services Regulatory Authority announced this past October a “file and use” system for private passenger auto. For

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Environment Canada says tornadoes destroy barns, down trees in southern Ontario

June 11, 2020 THE CANADIAN PRESS

GLENCOE, Ont. – Environment Canada says it’s investigating after two tornadoes were reported near London, Ont., Wednesday night. The weather agency says the first happened at 7:50 p.m. in Glencoe, Ont., while the second happened 40 minutes later in Belmont,

News InsuranceLegislation / Regulation

Why Ontario auto liability coverage should get cheaper

June 9, 2020 by Greg Meckbach

Ontario auto insurers may have a hard time raising rates as much as they were before May 15; a major factor could be a controversial change to the dispute resolution process that took effect four years ago. New loss trend

News InsuranceLegislation / Regulation

Why it’s nearly impossible to figure out how profitable Ontario auto is

March 13, 2020 by Greg Meckbach

Your Ontario auto clients have probably read media reports claiming they have been “over-paying” for years, but at the same time your markets are probably telling you they either lose money or barely break even on the product. So how

News Risk

Ontario unveils new flooding strategy, but minister mum on funding

March 9, 2020 Allison Jones - THE CANADIAN PRESS

Ontario’s new flooding strategy is focusing on increasing public awareness and preparedness, but it’s not clear if it will come with any new funding. Natural Resources Minister John Yakabuski announced in Minden, Ont., that the strategy builds on the recommendations

News InsuranceLegislation / Regulation

What Santa delivered to Ontario auto insurers

December 23, 2019 by Greg Meckbach

Sugar plums are likely dancing in the heads of at least some Ontario auto underwriters as a result of a series of developments over the past year. When the government released its budget this past April, it included a bunch

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The hidden cost of Ontario auto accident injuries

December 16, 2019 by Greg Meckbach

More than half a million Ontarians receive some form of government disability support and an advocate for claimants suggests many of these are caused by motor vehicle accident injuries. “At the end of the day, unpaid claimants don’t just go

Ontario legislature at Queen's Park in Toronto, Ontario government
News Commercial Lines

Why thousands of unsafe commercial vehicles remain on Ontario roads

December 6, 2019 by Greg Meckbach

More than half of Ontario’s commercial vehicle carriers have not been inspected by the province’s transportation ministry in the past two years, and the number of vehicles inspected each year has dropped big-time. These were among the findings in the

News Risk

Pilot project will see e-scooters on Ontario roadways

November 27, 2019 The Canadian Press

TORONTO – Ontario is starting a five-year pilot project beginning Jan. 1 to allow e-scooters on roads. The two-wheeled, motorized vehicles are currently illegal to operate anywhere in the province other than on private property. The pilot will let municipalities

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Intact loses court battle over voiding auto policy for misrepresentation

September 26, 2019 by Greg Meckbach

If an Ontario auto insurer discovers a client made a material misrepresentation or non-disclosure in its application, could the insurer treat the policy as invalid to begin with? Not now. Or at least, not if the fact situation is the

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‘Boilerplate’ reasons for denying auto claims don’t cut it: Court

September 25, 2019 by Greg Meckbach

Ontario’s Divisional Court ruled this week against Aviva Canada, which wants to challenge a Licence Appeal Tribunal ruling in favour of an auto accident benefits claimant. The case involves how Aviva denied the claim, which was to check a box

News Insurance

Ontario auto changes could be ‘slow to implement’

September 12, 2019 by Greg Meckbach

Ontario may have a new auto insurance regulator, but don’t expect conditions in that market to improve overnight, A.M. Best Company Inc. suggested in a report released Thursday. “Measures to improve market and competitive conditions will likely be slow to