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Ontario police, transportation ministry “at odds” about process for re-VINing vehicles: Court

September 8, 2016 by Canadian Underwriter

Evidence presented in an Ontario court shows “a fundamental difference of opinion between automotive recyclers” and police about “legitimate” reasons for transferring vehicle identification number (VIN) plates from one vehicle or part to another, the Court of Appeal for Ontario

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Data breach settlement approved in Canadian class action lawsuit against Home Depot

September 3, 2016 by Canadian Underwriter

An Ontario court recently approved a settlement in a class action lawsuit against Home Depot of Canada, Inc. and its corporate parent arising from a data breach in 2014 that affected its payment card system. Class action lawsuits were filed

News CatastrophesInsuranceMergers and AqcuisitionsReinsurance

Fort McMurray wildfire accounts for 98% of H1 insured cat losses in Canada, 29% of PCS-designated North American losses

August 31, 2016 by Canadian Underwriter

The Fort McMurray wildfire accounted for 98% of first-half insured catastrophe losses in Canada and 29% of Property Claim Services (PCS)-designated North American cat losses for the period, according to a preliminary estimate from the company. Insurers affected by the

News CatastrophesInsurance

[Updated]: Possible tornado in Windsor, Ont., area damages homes; 3 injured

August 25, 2016 The Canadian Press

WINDSOR, Ont. – More than a dozen homes were damaged and at least three people injured Wednesday evening amid multiple reports of a possible tornado touching down in southwestern Ontario. Environment Canada said an eyewitness saw a tornado near LaSalle,

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Ontario government to table home inspector licensing legislation

August 18, 2016 by Canadian Underwriter

Six months after a bill proposing to regulate home inspectors was tabled in the Ontario legislature, the provincial government said Wednesday it plans to “introduce legislation this fall that would, if passed, regulate the province’s home inspection industry.” Bill 165,

News CatastrophesInsuranceMergers and Aqcuisitions

Severe summer storm in southern Ontario causes $30 million in insured damage: CatIQ

August 10, 2016 by Canadian Underwriter

A severe summer storm that swept through southern Ontario during the second week of July has resulted in more than $30 million in insured damages, according to Catastrophe Indices and Quantification Inc. (CatIQ). CatIQ, which delivers detailed analytical and meteorological

News CatastrophesInsuranceMergers and Aqcuisitions

June storms in Ontario and Prairies cost about $34 million in insured damage: CatIQ

July 19, 2016 by Canadian Underwriter

The storms that hit Saskatchewan, Manitoba and Ontario on June 24 and 25 caused more than $34 million in insured damage, according to estimates from Catastrophe Indices and Quantification Inc. (CatIQ). A press release issued on Tuesday by the Insurance

News InsuranceLegislation / RegulationMergers and AqcuisitionsTechnology

Intact’s commercial ridesharing insurance policy gets green light in Ontario

July 8, 2016 by Canadian Underwriter

The Financial Services Commission of Ontario has approved a commercial ridesharing insurance policy offered by Intact Financial Corporation (IFC) in partnership with Uber Canada. Effective July 7, 2016, IFC reports in a statement that the product will provide protection to

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Ontario approves commercial fleet coverage for ride sharing

July 7, 2016 by Canadian Underwriter

The Ontario government announced Thursday it has approved a regulatory change allowing “commercial fleet insurance to be offered for vehicles that can be hired through an online application.” Ontario auto insurers “can now develop insurance policies for purchase by ride-share

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Police say Mississauga house explosion now a criminal investigation

June 30, 2016 Madeline Smith - THE CANADIAN PRESS

TORONTO – A house explosion west of Toronto that killed one woman this week is now a criminal investigation, but investigators aren’t ruling out the possibility that it was an accident. Peel Regional Police Sgt. Josh Colley said the home

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Mayor of Ontario city of Kenora declares state of emergency following flooding

June 29, 2016 by Canadian Underwriter

The mayor of the city of Kenora in northwestern Ontario declared a state of emergency on Monday as a result of major flooding over the past weekend. Kenora saw more than 109 millimetres (mm) of rain over a two-day period,

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Canadian politicians agree in principle to increase employers’ Canada Pension Plan contributions

June 27, 2016 by Canadian Underwriter

Less than a month after Ontario passed a law mandating participation for some employees in a province-sponsored pension plan, most of Canada’s premiers signed an agreement in principle, with the federal government, to increase contributions to the Canada Pension Plan.