116 articles for vacant
Paid Around the World
April 18, 2023 Brooke SmithWith travel returning to pre-pandemic levels and Canadians starting to feel comfortable among others again, many of your high net worth (HNW) clients will be jet-setting once again. While an umbrella insurance policy will cover your client while they’re travelling…
How the recession will affect personal lines
January 24, 2023 by Alyssa DiSabatinoAn impending recession could mean unaffordability for personal lines policyholders who make up almost half (49%) of the industry’s direct property premiums, an expert at the Insurance Institute of Canada’s Industry Trends & Predictions: 2023 webinar said. Insurers will need to…
Defining vacancy: Why the court upheld insurer’s denial of a $100K water damage claim
January 4, 2023 by David GambrillAn insurance policy exclusion for vacancy applies, even when an insured has arranged for people to look after the vacant property on a daily basis, so long as there is no intention to inhabit the place again, the Ontario Superior…
Insure Property Owners in Volatile Market Conditions with CHES
November 7, 2022 CHES Special Risk Inc.TORONTO, ON, NOVEMBER 7, 2022/insPRESS/ – Every business sector, including Real Estate, has its share of risks and challenges due to the pandemic in last few years. The ripples of which are still felt. Real estate sector in particular has…
What your snowbird clients need to know before they fly south
October 20, 2022 by Alyssa DiSabatinoSnowbirds flying south for the winter should heed that they need a policy that differs from a traditional travel policy, one expert says. They also must inform their broker that they’ll be on an extended trip, so they can update…
Why Lloyd’s has to defend a progressive property damage case
October 17, 2022 by David GambrillLloyd’s of London has a duty to defend the City of Timmins in a negligence lawsuit, in which homeowners are suing the city for failing to prevent progressive land erosion that led to an order to remove, relocate or demolish…
APOLLO launches Condo and Townhouse Insurance
October 4, 2022 APOLLO InsuranceTORONTO, ON, OCTOBER 4, 2022/insPRESS/ – APOLLO Insurance, Canada’s leading InsurTech, is pleased to announce the launch of a new Condo and Townhouse Insurance product. The latest product to be released by APOLLO is an insurance package that’s been specifically…
Unhappy staff? Here’s how to help re-energize them
May 25, 2022 by Jason ContantAiming for work-life alignment and not work-life balance can help re-engage dissatisfied mid-career employees, a Washington Post best-selling author says in a recent blog for Harvard Business Review. “It’s not just about the time they spend at work, but about…
3 lessons about brokers’ obligations to insureds
May 6, 2022 Harmon C. HaydenA broker has an obligation to help clients understand policy specifics and avoid coverage gaps, and it’s not necessarily going to save them if the client hasn’t reviewed the policy, the British Columbia Court of Appeal found recently in Alvaro…
Modern Specialty Insurance niche habitational rates now available on Applied Rating Services!
March 8, 2022 Modern Specialty InsuranceBURLINGTON, ON, MARCH 8, 2022 /insPRESS – Modern Specialty Insurance is proud to announce a new initiative with Applied Rating Services (formerly Compuquote). Modern Speciality Insurance will be the first MGA in Ontario to provide quoting capabilities to contracted brokers…
Modern Specialty Insurance introduces Niche Habitational Program for Ontario
January 25, 2022 Modern Specialty Insurance LtdBURLINGTON, ON, JANUARY 25, 2022/insPRESS/ – Anthony Passarelli, President of Modern Specialty Insurance stated: “MSI’s success is a result of serving best-in-class brokers who have strong front-line underwriting capabilities, an experienced management team, and a desire for a productive long-term…
Brokerage launches its own exclusive MGA
December 1, 2021 by Jason ContantBrokerage InsureLine Brokers Inc. has officially launched its new managing general agency (MGA) – InsureLine Solutions Inc. Available exclusively to InsureLine franchisees, “the intention is to help fill gaps in current coverages, and also identify lines of high-risk or niche…