Segment
Brokers
Walmart offers auto insurance rate comparisons in U.S.
April 30, 2014 by Canadian UnderwriterRetail giant Walmart is now offering auto insurance rate comparison services through its own website and AutoInsurance.com for several regions of the United States, with a plan to go nationwide in the coming months. The service is available immediately in…
Many unprepared to cope with effects of extreme weather: RBC study
April 29, 2014 Lauren La Rose, THE CANADIAN PRESSTORONTO – Despite recent extreme weather that wreaked havoc in parts of the country, a new study finds many Canadians are ill-equipped to face another potential emergency. The seventh annual RBC Canadian Water Attitudes Study of more than 2,000 adults…
Jaywalkers, cyclists, blind corners: Google says its driverless cars mastering city streets
April 28, 2014 Justin Pritchard, THE ASSOCIATED PRESSLOS ANGELES – Google says that cars it has programmed to drive themselves have started to master the navigation of city streets and the challenges they bring, from jaywalkers to weaving bicyclists – a critical milestone for any commercially available…
Ontario can’t reduce auto premiums 15% without Bill 171: Brokers’ group
April 28, 2014 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) is urging provincial politicians to vote in favour of a bill that proposes to make several changes to the auto insurance dispute resolution system. If Bill 171, the Fighting Fraud and Reducing Automobile…
SGI seeks input on auto injury program
April 25, 2014 by Canadian UnderwriterSGI is asking the public and stakeholders for feedback over the next several months as part of a review of its auto injury program. “We want to ensure the injury program is still effectively meeting the needs of Saskatchewan residents,”…
Net earned premiums up 5.1%, net income down 81% at The Co-operators
April 25, 2014 by Canadian UnderwriterThe Co-operators General Insurance Company released Thursday its financial results for the three months ending March 31, reporting an underwriting loss of $33 million, a 19.6% increase in net earned premiums from Quebec, a 14.7% increase in commercial premiums and…
Catastrophe losses contributed to Chubb’s net income decreasing in Q1 2014
April 25, 2014 by Canadian UnderwriterThe Chubb Corporation’s financial results for the first quarter of the year were adversely affected by catastrophe losses, related mostly to severe winter weather in the United States, contributing to a decrease in net income compared to the same period…
‘Poor experience’ – not just price – top reason consumers look to switch insurers
April 24, 2014 by Canadian UnderwriterA poor experience, not just premium increases, is a top reason for policyholders to search for a new auto insurer, according to a new U.S. study from J.D. Power. According to its 2014 study, which looks at customer experience based…
Flood damage to New Brunswick roads, bridges in the millions: minister
April 23, 2014 The Canadian PressFREDERICTON – Spring flooding has already caused millions of dollars in damage to New Brunswick’s roads and bridges, the province’s transportation minister said Wednesday. Claude Williams said crews are making repairs as quickly as possible, but it may take weeks…
CSIO touts eDocs certification at annual general meeting
April 23, 2014 Greg Meckbach, Associate EditorThe Centre for Study of Insurance Operations held its annual general meeting Tuesday, acclaiming eight members of the board of directors, touting its eDocs certification program and presenting awards to 12 members who have passed eDocs certification. Eight board members…
Water levels, flood threat recede in northwestern New Brunswick village
April 21, 2014 THE CANADIAN PRESSPERTH-ANDOVER, N.B. – A voluntary evacuation order has been lifted in the northwestern New Brunswick village of Perth-Andover, bringing relief to the community that was devastated by flooding two years ago. A massive ice jam breached the Grand Falls dam…
Premier urges New Brunswick town not to let guard down after water levels recede
April 17, 2014 By Kevin Bissett - THE CANADIAN PRESSSUSSEX, N.B. – Water levels in many parts of New Brunswick receded Thursday but Premier David Alward and Emergency Measures officials urged residents not to let their guard down because of a potential for more dangerous flooding. Alward spent the…