Canadian Underwriter

News


News Claims

A major risk factor in children being hit by cars

May 8, 2019 by Paola Loriggio - THE CANADIAN PRESS

A new study suggests children from poorer areas of Ontario face a greater risk of getting hit by vehicles than those from wealthier areas, possibly because they are more likely to walk to school alone. The study – conducted by…

News BrokersInsuranceProfessional Development

How a broker regulator plans to fix “abysmal” licensing exam results

May 8, 2019 by David Gambrill

As brokers across the country report difficulty in finding qualified employees, the situation in Alberta may be compounded by an “abysmal” pass rate on the provincial broker licensing exam. “As it currently stands today, we are at a 36.5% pass…

News EngineeringTechnology

How kitty litter can impact insured property losses

May 8, 2019 by Greg Meckbach

While spring rains and thawing have caused overland flooding of Biblical proportions, drain backups are also the bane of some insurers’ existence. In multi-storey commercial and residential buildings, drain backups are the number one cause of damage, said Adam Bartman,…

News ClaimsInsuranceMarkets / Coverages

Is sinkhole damage covered under a standard home insurance policy?

May 7, 2019 by Jason Contant

Editor’s Note: This story has been edited to include additional comments.   Is damage from a sinkhole covered under a standard homeowner’s policy? “Earth movement” is typically excluded under a standard policy, but an earthquake endorsement may provide coverage. The…

News Claims CanadaRestoration

At least 150 firefighters respond to Toronto school blaze

May 7, 2019 by THE CANADIAN PRESS

TORONTO – A large fire at a Toronto high school caused part of the building’s roof to collapse, forced area residents from their homes and sent large plumes of smoke over the neighbourhood, authorities said Tuesday as crews worked to…

News Insurance

Will roadside marijuana tests be upheld in court?

May 7, 2019 by Jason Contant

The ability to properly test marijuana impairment with roadside devices remains front and centre seven months after legalization, with at least one possible legal fight brewing. “I think our big issue in Canada, whether it’s a roadside test or from…

News Appointments

Former Economical Insurance CEO joins another board

May 7, 2019 by Greg Meckbach

Karen Gavan, former CEO of the first Canadian property and casualty insurer to start the demutualization process, is now on the board of directors of HSBC Canada. Gavan (pictured) was CEO of Waterloo, Ont.-based Economical Insurance from 2011 through 2016.…

News BrokersInsurance

Brokers urged to unite with insurers to end Alberta cap

May 7, 2019 by David Gambrill

With a new government in Alberta, the Insurance Bureau of Canada (IBC) is calling for a united front with the broker channel to come up with a new auto reform package and put an end to the province’s 5% cap…

News InsuranceLegislation / Regulation

Why it’s ‘time to stop talking’ about the Marshall report

May 6, 2019 by Greg Meckbach

Two years after David Marshall released 30 recommendations for reforming auto insurance in Ontario, it’s time to focus on what the current government is actually proposing, a consultant suggests. “I think it’s time to stop talking about Marshall and focus…

News Insurance

An explainer on the Ontario government’s move to review highway speed limits

May 6, 2019 by Adam Burns - THE CANADIAN PRESS

TORONTO – Ontario’s government plans to launch a review of speed limits on provincial highways, with the transportation minister musing that some of those roads can safely handle traffic at 120 kilometres per hour. Here’s a look at the context…

News BrokersClaims

‘It’s triage now’: Cottage Country brokers deal with flood fallout

May 6, 2019 by Adam Malik

Brokers in Ontario’s Muskoka region are calling the recent flooding event the worst disaster they’ve ever seen. Both Stephen Darling, president at A.W. Shiers Insurance Brokers, and Adam Caswell, owner of Hutcheson Reynolds & Caswell, said damage is greater and…

News Insurance

Should insurers offer incentive for remote water shut-off?

May 6, 2019 by Greg Meckbach

If your client owns a multi-storey commercial or residential building and installs a system that lets them shut water off immediately if necessary, how easy is it to get a break on insurance? “To the best of our knowledge there…