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How carbon monoxide poisoning affects hotel liability risk

July 10, 2019 by Greg Meckbach

A carbon monoxide accident at a hotel could easily lead to a liability claim in the millions, an insurance lawyer says. On Tuesday, 46 people were taken to several Winnipeg hospitals after a carbon monoxide leak affecting a three-story Super…

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U.K. tech company acquires Canadian broker software provider

July 10, 2019 by David Gambrill

B.C.-based Zycomp Systems Limited, a Canadian software provider widely known for its broker management system Power Broker, has been acquired by Acturis Group, a London, U.K.-based software as a service (SaaS) provider. Founded in 2000, Acturis provides technology solutions to…

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How slip-and-fall lawsuit rules could change in Ontario

July 10, 2019 by Greg Meckbach

Defending personal injury claims arising from slips and falls on ice could become easier for your Ontario clients this winter, based on a proposed change to the province’s deadline for serving notice about starting such lawsuits. In Ontario, plaintiffs wanting…

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Premier promises to take PST off home insurance

July 9, 2019 by Adam Malik

Insurance premiums are taking a starring role in Manitoba’s provincial election. Manitoba Premier Brian Pallister has pledged to drop provincial sales tax from home and renters’ insurance should he be re-elected in this fall’s election. The announcement received positive reviews…

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Optional benefits priority ruling could create “administrative nightmare” for auto insurers

July 9, 2019 by David Gambrill

An insurance defence lawyer is warning of a potential “administrative nightmare” for insurers in light of a recent Court of Appeal for Ontario decision on priority disputes involving optional benefits. Continental Casualty Company v. Chubb in Ontario is now becoming…

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Two problems insurtech could solve for existing players

July 9, 2019 by Greg Meckbach

Attracting talent and putting legacy data to good use are two of the ways insurtech can help the industry, a claims professional says. Chris Hampshire, vice president of carrier practice at claims services provider Gallagher Bassett Services Inc., was asked…

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Paid Risks emerging for Canadian enterprises, and so are solutions

July 9, 2019 by Urs Uhlmann

  From the breathtaking forests in British Columbia, to the natural resources of the Prairies, to the high-tech sector in Montreal and Toronto, Canada is a vast country with diverse risks. For the insurance industry, Canada represents an array of…

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How auto manufacturers could write insurance in Canada

July 9, 2019 by Greg Meckbach

If a vehicle manufacturer wants to write auto insurance in Canada, it would need to have a subsidiary that is approved by the government to write insurance, says Ottawa’s insurance regulator. Asked whether an auto manufacturer can insure P&C risks…

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Insurance available for ride hailing July 16 in B.C.

July 9, 2019 by Dirk Meissner - THE CANADIAN PRESS

VICTORIA – The journey to bring ride-hailing to British Columbia came closer to a destination Monday as the provincial government announced it will start accepting applications in September for companies to enter the market. Safety, insurance and penalty rules and…

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How the economy could spell trouble for insurance

July 8, 2019 by Adam Malik

As the economy goes, so does the insurance industry. But what happens where things aren’t necessarily taking off, but not falling by the wayside either? Business leaders are increasingly hopeful about the economy. A recent quarterly survey released by the…

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Does anyone still believe that $200,000 is enough auto liability coverage?

July 8, 2019 by Greg Meckbach

Although Ontario motorists can legally put their vehicles on the road with as little as $200,000 in liability coverage, brokers likely wouldn’t want one of those motorists for a client. “There is no way you can justify why you sold…

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Client duped by fraudster wins coverage dispute

July 8, 2019 by Greg Meckbach

If your client ships goods to someone who turns out to be a fraudster and never gets paid as a result, is this covered by all-risks commercial insurance? Lloyd’s Underwriters tried to argue one such loss is excluded, but the…