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Man riding in a fully autonomous automobile
News BrokersClaimsInsuranceTechnology

How auto insurance will navigate a world with self-driving cars

October 4, 2023 Tim Crljenica, Thomas Gold Pettingill LLP

Self-driving cars have been a part of visions of the future for decades, and what was once only imaginary has started to become reality. Not only do self-driving cars exist, but five U.S. states (Arizona, California, Michigan, New Hampshire and

The McDougall Creek wildfire in West Kelowna, BC.
News CatastrophesClaimsClaims CanadaClimate ChangeInsurance

NDP introduces disaster management bill as B.C. legislature opens

October 3, 2023 The Canadian Press

VICTORIA – New disaster management legislation has been introduced in British Columbia on the first day of the fall legislative session that will see four official parties in the chamber. Emergency Management Minister Bowinn Ma said Tuesday the legislation will

Stylish micro apartment for one
News ClaimsClaims CanadaInsuranceMarkets / Coverages

Are your tenant insurance clients fully covered?

September 29, 2023 by Jason Contant

Tenant insurance premiums in Ontario rose nearly 9% year-over-year, according to a recent blog from rate aggregator LowestRates.ca. Even though tenant insurance is one of the most cost-friendly coverages available, many renters take out the minimum coverage of $30,000 for

Officials speak with McDougall Creek wildfire evacuees.
News ClaimsClaims CanadaInsurance

State of emergency lifted 1.5 months after McDougall Creek wildfire

September 29, 2023 The Canadian Press

WEST KELOWNA, B.C. – Central Okanagan Emergency Operations has lifted the state of local emergency in West Kelowna, B.C., more than a month after the McDougall Creek wildfire devastated the area. It says it has also rescinded all remaining evacuation

Cybersecurity concept with hacker working on a code
News ClaimsClaims CanadaCommercial LinesInsuranceMarkets / Coverages

Cyberattacks hit Canadian military, Parliament websites

September 28, 2023 The Canadian Press

OTTAWA – The federal government is coping with apparent cyberattacks this week, as a hacker group in India claims it has sowed chaos in Ottawa.   The Canadian Armed Forces says that its website became unavailable to mobile users midday Wednesday,

Forest fire in Kootenay, B.C.
News ClaimsClaims CanadaInsuranceMarkets / Coverages

Fire danger drops as cooler weather eases B.C.’s wildfire season

September 27, 2023 The Canadian Press

VANCOUVER – The British Columbia Wildfire Service says the fire danger rating across most of the province has dropped to low or very low as cool, damp fall weather arrives. The wildfire service says there have been no new fires

Insurance policy agreement in office
News ClaimsClaims CanadaInsuranceLegal

Why this address misrepresentation ruling was set aside

September 27, 2023 by Jason Contant

Ontario’s Licence Appeal Tribunal (LAT) erred in law when ruling it had to rely solely on the Statutory Accident Benefits Schedule (SABS) and had no jurisdiction to award equitable remedies under the Insurance Act, a provincial court has found.  In

Scales of justice loaded with money symbolizing high cost of litigation legal action
News AssociationsClaimsClaims CanadaInsuranceLegalMarkets / Coverages

What’s contributing to rising auto premiums in Alberta?

September 26, 2023 by Jason Contant

Litigation costs stand out as a major contributor to premiums drivers pay in Alberta, according to a new report from accounting firm MNP. Legal costs in Alberta’s auto insurance system have risen 31% since 2018 and account for roughly 20%

Big clouds before the storm
News ClaimsClaims CanadaInsuranceMarkets / Coverages

Environment Canada warns B.C. coast to prepare for heavy winds, rain

September 25, 2023 by Jason Contant

Rain and a wind storm are expected for much of British Columbia’s coast, bringing gusts as strong as 110 kilometres per hour.   Environment Canada warnings cover both northern and eastern Vancouver Island, as well as Victoria, portions of the Sunshine

Warning of ransomware detected on machine
News ClaimsClaims CanadaCommercial LinesInsuranceMarkets / CoveragesTechnology

Why your cyber clients need to keep an eye on ransomware 

September 25, 2023 by Jason Contant

Canada was the third most affected country in the world for successful ransomware-as-a-service (RaaS) and extortion attacks in the first and second quarters of 2023, said a report from cybersecurity company Trend Micro.  The report, LockBit, BlackCat, and Clop Prevail

Hand of a businessman stopping a falling block
News ClaimsClaims CanadaCommercial LinesEarnings / RatingsInsuranceMarkets / CoveragesRisk

How well the industry protects policyholders against insolvency

September 22, 2023 by Jason Contant

Canada’s P&C insurance industry compensation fund will almost entirely protect both personal and commercial lines policyholders in the event of an insurer insolvency, a comprehensive review of coverage and benefits has found. Should an insurer member of the Property and

Fighting a forest fire at night
News ClaimsClaims CanadaInsurance

Four young B.C. firefighters heading home die in head-on crash on highway 

September 21, 2023 Brenna Owen - THE CANADIAN PRESS

Four young men travelling home after helping in the battle against wildfires in central British Columbia are dead after a fiery head-on crash, police and provincial officials said Wednesday.   RCMP Cpl. James Grandy said emergency crews responded around 2 a.m.