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To the right, a car salesperson holds a set of keys above a contract, which sits on the desk. Across from the salesperson is the buyer.
News BrokersInsuranceMarkets / Coverages

Do Canadians want to buy insurance from their car manufacturers?

January 6, 2023 by Alyssa DiSabatino

Just over a quarter (27%) of Canadian consumers are very or somewhat interested in purchasing car insurance directly from their manufacturers, a recent Deloitte survey found.  When asked what they saw as the primary benefits, almost half (47%) of interested

Tom Simoncic
News AnnouncementsAppointmentsCommercial LinesInsurance

Sedgwick appoints new president, property and international business

January 4, 2023 by Alyssa DiSabatino

Tom Simoncic has been appointed as president of Sedgwick’s property and international business. Simoncic joined Sedgwick through acquisition. He is currently president of property for the Americas for the last seven years and is responsible for servicing clients in Canada

News AnnouncementsBrokersClaimsCommercial LinesInsuranceMarkets / CoveragesMergers and AqcuisitionsPodcast

CU launches new P&C industry podcast

November 8, 2022 David Gambrill

Canadian Underwriter is pleased to announce today’s launch of its new podcast series, What’s on Dec? in partnership with industry veterans Pete Tessier and Curt Wyatt. Tessier and Wyatt will be well-known to those who listen to The Insurance Podcast,

Business and technology concept. Communication network.
News BrokersInsuranceLegalLegislation / RegulationReinsuranceRisk

OSFI’s third-party guidance to include insurer-broker contracts

October 12, 2022 by David Gambrill

Canada’s solvency regulator is preparing guidance that legal experts say will shift the scope of the regulator’s concerns about outsourcing data and technology to a much broader inquiry about insurers’ arrangements with third parties generally — including with broker partners.

Hourglass on laptop computer
News BrokersClaimsInsuranceTechnology

Brokerage’s 11-year lawsuit against tech vendor allowed to continue

October 7, 2022 by David Gambrill

Ballam Insurance Services, a Nova Scotia brokerage that sued its tech vendor 11 years ago over server issues, is allowed to proceed with its case despite examples of ‘inordinate’ and ‘inexcusable’ delays, the Supreme Court of Nova Scotia ruled Monday.

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News AdjustersAnnouncementsBrokersInsuranceProfessional Development

Jim Abernethy Challenge: Can P&C industry top $500K for blood cancer research?

September 2, 2022 by David Gambrill

In this year’s second annual Jim Abernethy Challenge, the Leukemia & Lymphoma Society of Canada hopes Canadian P&C insurance professionals can help top last year’s $500,000 contribution to blood cancer research and community support. The Jim Abernethy Challenge is part

Taiwan military conducting live-fire drills
News Insurance

How China-Taiwan tensions are affecting Canada’s supply chain

August 15, 2022 by Jason Contant

Although there has been some easing in supply chain issues around the world, other disruptions are coming into play, a marine expert from Allianz Global Corporate & Specialty (AGCS) told Canadian Underwriter in an interview. One major disruption is escalating

Cannabis ordered online
News Insurance

Ontario Cannabis Store unable to process deliveries after partner faces cyberattack

August 9, 2022 Tara Deschamps - THE CANADIAN PRESS

TORONTO – The Ontario Cannabis Store says a cyberattack faced by one of its logistics partners has left the provincial pot distributor unable to process or deliver orders to marijuana shops and customers. The OCS said Monday evening there is

Front part of a damaged car
News ClaimsClaims CanadaInsuranceLegal

Aviva’s Project Bumper: Car repairers lose challenge to FSRA’s cease and desist order

August 5, 2022 by David Gambrill

Correction and Clarification Notice: The following article has been updated to correct errors contained in the originally published version of this story. First and foremost, FSCO’s proposed cease and desist order was not in effect at the time the Wardas

Family home with car in the driveway
News Insurance

Is the personal lines hard market abating?

August 4, 2022 by Jason Contant

Personal lines in Canada’s property and casualty insurance industry still appear to be in the grip of a hard market cycle, with both personal auto and property premium rates generally showing high, single-digit rate increases. On average, personal auto quoted

News InsuranceProfessional DevelopmentRisk

How risk pros feel about attending in-person events in the COVID era

July 29, 2022 by David Gambrill

Insurance is a relationships-based industry, but Canada’s risk professionals appear conflicted about attending in-person industry events again, even after most public health restrictions have been dropped in most provinces, a Canadian Underwriter online survey suggests. On one hand, 69% out

The burned-out remains of businesses and properties destroyed by the Lytton wildfire
News Insurance

Rebuild of Lytton, B.C., after devastating wildfire to begin by September: minister

June 13, 2022 Sarah Ritchie - THE CANADIAN PRESS

OTTAWA – Rebuilding in the fire-ravaged village of Lytton, B.C., is likely to begin in September, according to the province’s minister of public safety. That would be 15 months after an out-of-control wildfire swept through and burned 90 per cent