Keyword
Ontario
The Co-operators launches overland flood insurance for Ontario
June 27, 2016 by Canadian UnderwriterThe Co-operators General Insurance Company announced on Monday that it has launched new insurance coverage that protects homeowners in Ontario against damage caused by overland flooding. The new coverage, which is available throughout the province, is an inclusive and flexible…
Ontario searching for first-ever Chief Digital Officer
June 24, 2016 by Canadian UnderwriterOntario’s Ministry of Advanced Education and Skills Development announced on Friday that the province is kicking off a global search for its first Chief Digital Officer (CDO) to lead Ontario’s “transformation to become the most open, transparent and digitally connected…
Toronto politicians to discuss motion to ask province to order Pickering nuclear plant shutdown in 2018
June 21, 2016 by Canadian UnderwriterA proposal to ask the Ontario government to order a shutdown, earlier than scheduled, of a nuclear power plant situated less than 10 kilometres outside the Toronto city limits, is on the agenda for a June 28 meeting of City…
Ontario will spend up to $8.3 billion to fight climate change, offer incentives
June 7, 2016 Keith Leslie - THE CANADIAN PRESSTORONTO – Ontario’s action plan on climate change will include financial incentives to get cleaner, more efficient cars and trucks on the roads and to convince homeowners and businesses to lower their carbon footprints, The Canadian Press has learned. The…
Ontario to spend $100 million to introduce renewable natural gas to energy mix
May 26, 2016 The Canadian PressTORONTO – Ontario plans to spend up to $100 million over four years to support the introduction of so-called renewable natural gas to help battle climate change. Methane released from landfills, residential green bins, manure, sewage treatment plants and waste…
Only 42% of polled Ontarians aware of upcoming auto insurance reforms: IBAO
May 25, 2016 by Canadian UnderwriterConsumer awareness of auto insurance reforms in Ontario – many of which come into force June 1 – is far from complete, with just four in 10 survey respondents reporting they are aware of the changes. Based on feedback from…
Court finds Ontario municipality breached duty of care under Occupiers’ Liability Act in operation of mountain bike park
May 19, 2016 by Canadian UnderwriterAn Ontario municipality is liable, under the province’s Occupiers’ Liability Act, for injuries that rendered a cyclist a quadriplegic after he fell while riding over a teeter-totter-type obstacle at a mountain bike park, the provincial appeal court has ruled. In…
Desjardins General Insurance Group posts net income of $31.5 million in 2016 Q1, less than half the amount in 2015 Q1
May 16, 2016 Net IncomeDespite an increase in direct premiums written, Desjardins General Insurance Group (DGIG) saw net income for the first quarter of 2016 drop to about $31.5 million compared to the prior-year quarter. At $31.5 million, net income for 2016 Q1 was…
Ontario auto reforms should help cut transaction costs: Cameron
May 11, 2016 by Angela StelmakowichIf things unfold as intended, Ontario’s auto insurance reforms should help reduce transaction costs that have long been an issue for the entire system, James Cameron, president of Cameron & Associates, suggested during an industry event Tuesday. “The goal of…
Ontario adjusters will need retraining on injury definitions as part of auto reforms taking effect in June: Walker
May 11, 2016 by Angela StelmakowichInsurance adjusters will likely need to be re-educated and retrained on new medical terminology when the latest batch of Ontario auto insurance reforms – which include a revised definition catastrophic impairment – comes into force June 1, Laurie Walker, president…
Function Test
May 1, 2016 Marc Smith, Principal, Forget Smith MorelThe criteria to obtain a catastrophic impairment designation, in Ontario, will be narrower as of June 1, as the Glasgow Coma Scale will be replaced with the Glasgow Outcome Scale.
Expanding Credit?
April 1, 2016 Angela Stelmakowich, EditorThe Ontario government has welcomed proposed changes it suggests will up the competitiveness of credit unions and caisses populaires in the province, while also helping to better serve individuals, communities and businesses. In recently accepting a report prepared by Laura…