Segment
Consumers
First batch of legal marijuana edibles on their way for B.C.
December 20, 2019 The Canadian PressVICTORIA – British Columbia’s government says the first batch of legal marijuana edibles, extracts and topical will soon be available for purchase, two months after they were legalized in Canada. The province says it received its first shipments of the…
How insurtech is bringing policyholders inside the black box of insurance
December 18, 2019 by Jason ContantInsurtech is beginning to bring policyholders inside the “black box” of insurance to understand how their decisions are influencing their own costs, said a new report on the macro themes redefining the industry. Insurtech has increased access to real-time data…
Man named in FSRA warning denies soliciting business for Sonnet
December 13, 2019 by Greg MeckbachA Toronto man who told Canadian Underwriter he recommended direct writer Sonnet to some of his friends is denying allegations made by the Ontario insurance market conduct regulator that he actually solicited auto insurance through Sonnet. “I am not soliciting…
When will ride-hailing arrive in British Columbia?
December 3, 2019 The Canadian PressVICTORIA – Premier John Horgan says ride-hailing is on its way to British Columbia and if the service isn’t available by Christmas it shouldn’t be seen as a government failure. The premier says the approval process to bring ride-hailing services…
Do winter tires really make for safer roads?
December 2, 2019 Giuseppe Valiante - THE CANADIAN PRESSMONTREAL – For the past several weeks Quebec drivers have been in a race against time to equip their cars for winter or face steep fines. While the majority of Canadian drivers install winter tires for the cold season, according…
So when is the P&C industry going to make real money in cyber?
November 28, 2019 by David GambrillThere’s a huge opportunity for Canadian brokers during this hard market and it’s hidden in plain sight — cyber insurance. Cyber protection has been a dominant fixture in industry discussions for the past several years. The product has evolved considerably,…
Shopping online at work? Why your bosses might care
November 28, 2019 by Adam MalikThere’s a good chance you’ll be tempted to put work aside and look for deals with Black Friday sales online. If you’re using your work device, your employer will likely look the other way. But that doesn’t mean they don’t…
What it takes to be convicted of driving with no insurance
November 20, 2019 by Greg MeckbachWhen an Ontario motorist fails to produce proof of insurance and is charged as a result, police do not have to prove the vehicle is actually uninsured. So says Justice David Rose of the Ontario Court of Justice in R.…
Saskatchewan more than doubles distracted driving penalties
November 20, 2019 The Canadian PressREGINA – Fines for distracted driving are more than doubling in Saskatchewan. The government has introduced stiffer penalties for drivers caught using their cellphones, although the changes won’t apply until next February. Saskatchewan Government Insurance is increasing the cost of…
What these ‘non-traditional’ insurance products will look like
November 19, 2019 by Greg MeckbachAs an increasing number of your clients come from cohorts younger than Generation X, the availability of non-traditional insurance products is going to increase, an insurtech industry watcher suggests. “I think we are increasingly going to see the development of…
Commercial lines that will see the greatest rate increases in 2020
November 16, 2019 by Jason ContantCommercial property, umbrella, and public company directors and officers (D&O) lines are expected to see the most widespread rate hikes of 20% and higher, in addition to capacity withdrawals, according to Willis Towers Watson’s Insurance Marketplace Realities 2020 report. The…
Class action over fudged Volkswagen emissions tests can proceed: Supreme Court
November 13, 2019 The Canadian PressOTTAWA – The Supreme Court has rejected an attempt by Volkswagen and Audi to dismiss a class action in Quebec seeking compensation for air pollution from cars that gave false results in emissions tests. The judges made the decision in…