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The Co-operators launches mobile app for clients to access and manage insurance information

February 16, 2017 by Canadian Underwriter

Guelph, Ont.-based The Co-operators announced on Thursday that it has launched a new mobile app providing clients with a “quick, easy and secure way” to access and manage their insurance information. With the free app, available through iTunes and Google

News CatastrophesEarnings / RatingsInsuranceMergers and Aqcuisitions

Co-operators General Insurance Company net income $128.8 million in 2016 Q4, up from $103.3 million in 2015 Q4

February 16, 2017 by Canadian Underwriter

The consolidated net income for Co-operators General Insurance Company increased for the fourth quarter of 2016 over the same quarter in 2015, but net income for 2016 decreased from 2015. The Co-operators has posted net income of $128.8 million for

News InsuranceLegalLegislation / RegulationMergers and Aqcuisitions

Intact, Allstate disagree on whether accident victims “principally dependent” on policyholder

February 13, 2017 by Canadian Underwriter

The Supreme Court of Canada will not hear an appeal over an arbitration ruling in an auto accident benefits priority dispute, where insurers disagreed on whether a claimant was “principally dependent” on the owner of a vehicle. Court records indicate

News CatastrophesInsuranceMarkets / CoveragesProfessional Development

Third annual Wildfire Community Preparedness Day launched

February 2, 2017 by Canadian Underwriter

The third annual Wildfire Community Preparedness Day (WCPD) will be held on May 6, the Partners in Protection Association/FireSmart Canada said on Thursday. People in communities throughout Canada will have an opportunity to apply for funding to support efforts to

News InsuranceMergers and AqcuisitionsProfessional Development

The Co-operators acquires brokerage Denny’s Insurance of Acton, Ont.

January 16, 2017 by Canadian Underwriter

Co-operators General Insurance Company announced on Monday that its wholly-owned subsidiary has purchased personal and commercial lines brokerage Denny’s Insurance. Current clients of Denny’s Insurance, located in Acton, Ont., will be notified of the change in ownership and their existing

News InsuranceLegalMergers and Aqcuisitions

Ottawa city bus driver had ‘elevated standard of care’ in fatal collision: Court

December 22, 2016 by Jason Contant

The City of Ottawa and an OC Transpo bus driver have lost their appeal of a ruling that the bus driver was 20% liable, for a fatal collision, with a vehicle driven by an alcohol-impaired driver who ran a red

News Climate ChangeInsuranceLegislation / RegulationMarkets / Coverages

Sustainability in insurance gaining steam: KPMG speaker

December 9, 2016 Jason Contant, Online Editor

Although the issue of sustainability in insurance is a relatively new concept in Canada, it is one that is gaining ground throughout the world, a speaker said on Wednesday at KPMG’s 25th Annual Insurance Conference. Houston Cheng, consulting actuary and

News InsuranceMergers and AqcuisitionsProfessional Development

The Co-operators acquires Assurance Aubin Insurance Brokers Ltd.

November 1, 2016 by Canadian Underwriter

Co-operators General Insurance Company announced on Tuesday that its wholly-owned subsidiary has purchased Assurance Aubin Insurance Brokers Ltd. The brokerage’s portfolio includes personal and commercial insurance policies, The Co-operators said in a press release. Assurance Aubin has locations in Hearst,

News CatastrophesClimate ChangeEarnings / RatingsInsuranceMergers and Aqcuisitions

The Co-operators General Insurance Company reports net income of $16.3 million in 2016 Q3 compared to loss in 2015 Q3

October 28, 2016 by Canadian Underwriter

The Co-operators General Insurance Company posted $16.3 million in consolidated net income for 2016 Q3 compared to a net loss of $21.4 million in the prior-year quarter. “During the quarter, there were no material changes to the company’s estimated net

News InsuranceMergers and Aqcuisitions

The Co-operators to provide insurance for First Credit Union clients

October 3, 2016 by Canadian Underwriter

The Co-operators Group Ltd. announced Monday it “will be the exclusive provider” of property & casualty and life insurance for clients of First Credit Union subsidiaries in British Columbia. Guelph, Ont.-based Co-operators said it will be “exclusive provider for First

News AssociationsInsuranceLegalLegislation / Regulation

Opposition calls for 33% cap on Ontario lawyers’ contingency fees

September 15, 2016 by Canadian Underwriter

A proposal to require Ontario lawyers and paralegals to disclose how they calculate fees is supported by The Co-operators Group Ltd. Bill 12 – An Act to amend the Law Society Act, the Insurance Act and the Solicitors Act with

News InsuranceProfessional Development

Rob Wesseling to become president and CEO of The Co-operators on Dec. 1

August 30, 2016 by Canadian Underwriter

The Co-operators’ board of directors has announced that Rob Wesseling will become president and chief executive officer of the company, effective Dec. 1. Currently the executive vice president (EVP) of property and casualty (P&C) operations for the Co-operators General Insurance