News

The auto insurance industry may suffer a steep decline if technology that reduces the frequency and severity of car accidents is widely adopted, concludes a new study by research firm Celent. The research points to four specific types of technology…

The Insurance Brokers Association of Alberta (IBAA) intends to import Ontario’s forthcoming broker mobile application technology to its home province. “At our annual general meeting [on May 6-9], our members definitely voted to be one of the first to sign…

Nova Scotia brokers are tired of playing the role of a “regulator” when it comes to policyholders’ oil tanks, and want oil companies to assume responsibility for properly maintaining the tanks. “We seem to be the regulator,” Richard Bishop, president…

A regulation has been added to New Brunswick’s Insurance Act that spells out new classes, including legal expense insurance, a relatively new form of insurance in Canada. The Classes of Insurance Regulation – Insurance Act, filed on April 24, details the…

Chubb Insurance Company of Canada has launched an enhanced watercraft policy. The policy includes a new discount, improved deductible options, expanded navigational coverage, travel-sized certificates of insurance and greater damage coverage. The enhanced policy provides a 5% discount if the…

Insurance professionals in Manitoba now have access to a new Level 1 licensing program. ILScorp. has announced that the ILS Introduction to General Insurance (ILS ICI) program, first launched in British Columbia in January, recently received accreditation from the General…

David Horner has joined the Kernaghan Adjusters’ team in Edmonton. Horner began his insurance career in 1978 as a claims representative with a large multi-line insurer. Shortly thereafter, he became a roads adjuster, handling auto, bodily injury, property and fire…

Impact Auto Auctions, a Canadian automotive salvage management company, and a wholly owned subsidiary of KAR Auction Services Inc. (NYSE: KAR), has started construction of a new auction facility in Oshawa, Ontario. Known as Impact Toronto, the new auction will…

The Ontario Superior Court has derailed a plaintiff’s bid to obtain under new provincial rules for summary judgment a declaration that she suffered a “catastrophic impairment.” Nancy Stewart was severely injured in a motor vehicle accident on Nov. 4, 2005.…

Saint-Laurent, a Montreal borough, has become the first in the city to start modifying its fleet of heavy vehicles to help prevent the possibility of pedestrians and cyclists from accidentally falling underneath. The fleet will be equipped with lateral protection…

The 2012 Atlantic basin hurricane season will see reduced activity compared to the 1981-2010 average, the Tropical Meteorological Project of Colorado State University predicts. In a report released in April, Colorado researchers estimate there will be 10 named storms during…

The votes are in and Toronto has gained the dubious distinction of having five of the 10 worst roads in Ontario, say the put-upon drivers forced to manoeuvre the questionable infrastructure. Dufferin Street – a perennial contender on the worst-of-the-worst list –…