Canadian Underwriter

Keyword
Toronto

News Insurance

Four dead, several injured in three-alarm house fire in Toronto’s east end 

January 29, 2021 Liam Casey and John Chidley-Hill - THE CANADIAN PRESS

TORONTO – Four people were killed and several others were injured after flames ripped through an east-end Toronto home early Friday.   Toronto’s fire service said six people were taken from the home and two were in hospital.   Deborah Bies, who

News Risk

Toronto mayor says masking bylaw possible if apartment buildings don’t comply

July 23, 2020 Jake Kivanc - THE CANADIAN PRESS

Toronto Mayor John Tory said he’s prepared to extend the city’s mandatory masking order to shared spaces inside apartment and condominium buildings if management companies refuse to do it voluntarily. Current mandatory masking bylaws in cities such as Toronto apply

News CatastrophesClaimsClaims Canada

Thousands displaced by this apartment fire won’t go home this year

November 18, 2019 by Greg Meckbach

More than 1,000 residents displaced by a major electrical fire in 2018 will not be moving back into their apartment building this year. A fire broke out Aug. 21, 2018 in the electrical room of 650 Parliament Street, a high-rise

News ClaimsInsuranceLegal

Why insurers can expect claims from the Raptors parade

June 21, 2019 by Adam Malik

It won’t surprise at least one lawyer to hear about insurance claims stemming from the Toronto Raptors championship parade. There were plenty of exposures present during the event on June 17, mainly because of a lack of resources available and

News CatastrophesClaims

Toronto’s density, old sewer system lead to flooding, observers say

August 22, 2018 Gabriele Roy - THE CANADIAN PRESS

TORONTO – Steady rain and thunderstorm warnings in Toronto on Tuesday had residents bracing for waterlogged streets and transit delays for the third time in as many weeks, with the city saying it was prepared to respond quickly to urgent

News AdjustersClaimsInsurance

Flood report: The city that saw a month’s worth of rain in under three hours

August 8, 2018 by Jason Contant

A “pocket storm” that dumped a month’s worth of rain on the City of Toronto in less than three hours Tuesday night has resulted in mostly sewer back-up and flooding claims, with few commercial losses, according to claims adjuster ClaimsPro.

News InsuranceMarkets / CoveragesTechnology

GM brings Maven car-sharing startup to Toronto

February 13, 2018 David Paddon - THE CANADIAN PRESS

TORONTO – General Motors Co. is bringing its Maven car-sharing business to Canada for the first time as part of the Detroit-based company’s broader strategy for navigating through a rapidly changing automotive world. Toronto will be the first city outside

News InsuranceMarkets / CoveragesTechnology

Ride-hailing service Lyft expanding to Toronto market in first push outside U.S.

November 13, 2017 The Canadian Press

TORONTO – Ride-hailing company Lyft is bringing its service to Canada. The company announced Monday that it is coming to Toronto in what will be its first expansion outside of the United States. “Our passports are packed and we’re crossing

News InsuranceLegislation / RegulationMarkets / Coverages

Regulatory reforms of homesharing services may penalize casual users, Airbnb says

October 26, 2017 Aleksandra Sagan - THE CANADIAN PRESS

VANCOUVER – As Canadian cities continue to wage a regulatory crack down on online home-rental platforms, Airbnb maintains it’s open to regulation provided new rules don’t penalize casual users and recognize not every host runs a full-fledged business. Vancouver and

News CatastrophesInsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

OneEleven and Aviva Canada to host Canada’s “first ever” DisasterTech Hackathon

September 12, 2017 by Canadian Underwriter

OneEleven, described as “North America’s largest scaleup innovation hub,” and Aviva Canada have announced that a 48-hour DisasterTech Hackathon will be held next month in Toronto. The event will kick off at OneEleven’s office at 325 Front St. West in

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

Accenture launches “Liquid Studio” in Toronto to help clients accelerate digital transformation

August 18, 2017 by Canadian Underwriter

Global professional services company Accenture has opened a new “Liquid Studio” in Toronto to help clients “to turn ideas into innovative applications and solutions with speed and agility.” The Liquid Studio uses rapid development approaches, including agile methodologies and DevOps

News AssociationsInsuranceLegislation / RegulationMergers and Aqcuisitions

Insurers should ensure consumers are ‘better able to understand’ home insurance policies: CCIR

August 9, 2017 by Canadian Underwriter

In a paper released Wednesday, Canada’s insurance regulators’ association suggests that insurers need to better educate consumers so they can understand the terms – including limitations, exclusions and deductibles – of their property insurance contracts, while sharing aggregated property risk