Trojan Horse or Workhorse?
March 16, 2018 Emily Atkins, EditorIs smart automation a boon or bane?
How Saskatchewan auto insurer approaches distracted driving
March 8, 2018 Greg Meckbach, Associate EditorSaskatchewan motorists caught using wireless devices while driving could be hit by the province’s auto insurer with a $200 penalty; second-time offenders could lose their vehicle for a week, Saskatchewan Government Insurance warns. A distracted driving ticket costs a Saskatchewan…
Running past the finish line
March 7, 2018 Emily Atkins, EditorDan Langer takes on CICMA presidency in retirement
Excluded drivers can still claim accident benefits, court rules
February 5, 2018 Greg Meckbach, Associate EditorDrivers excluded from coverage on their own policies can still claim accident benefits on the policies of other drivers, as long as they weren’t driving the vehicles from which they were excluded coverage, the Court of Appeal for Ontario ruled…
Change course on coverage? Be clear that’s it’s not a settlement.
January 19, 2018 by David GambrillIf an insurer changes course midway through a claim — offering coverage, for example, when that coverage was previously denied — it will need to clarify that its change of position does not constitute an offer to settle before taking…
Autonomous trucks moving quickly to commercial reality despite job threat
January 2, 2018 Ross Marowits - THE CANADIAN PRESSMONTREAL – Once thought of as a distant fantasy, autonomous trucks are moving towards commercial reality on Canadian highways as companies look to boost productivity amid a driver shortage and governments seek to reduce deadly crashes. They are not yet…
Marketplace should set minimum standards for flood cover: CEO
December 12, 2017 David Gambrill, Editor-in-ChiefMinimum standards should be established for overland flood coverage offered by Canadian property and casualty insurers, an industry executive told Canadian Underwriter. Offering his personal perspective, Alain Thibault, chairman, president and CEO of the Canadian Association of Direct Relationship Insurers…
Industry urged to marijuana-proof policy wording
November 17, 2017 Jason Contant, Online EditorAn insurance defence lawyer is encouraging the industry in Alberta to check their policy wordings after the province’s proposed new sanctions for cannabis-impaired and cannabis/alcohol-impaired driving offences. “At this stage, the most immediate impact of the new legislation on property…
Insurer exploration of artificial intelligence accelerating: InsurTechTO speaker
November 7, 2017 by Angela StelmakowichIt is still “early days” for most insurers in Canada when it comes to employing artificial intelligence (AI), but exploration and use of the techniques is accelerating very quickly, Greg McCutcheon suggested Monday during InsurTechTO in downtown Toronto. “I would…
Almost half of B.C. drivers using winter tires this year: ICBC survey
October 31, 2017 by Canadian UnderwriterNearly half (48%) of polled drivers in British Columbia “plan to or already have put winter tires on their vehicle in anticipation of another heavy winter this year,” the Insurance Corporation of British Columbia (ICBC) reported on Monday. The survey…
‘Clock is running’ as Economical Insurance prepares for public offering: Saunders
October 26, 2017 Greg Meckbach, Associate EditorEconomical Insurance is looking to “expand its appetite and capabilities into other segments” of the market as it prepares for an initial public offering, president and chief executive officer Rowan Saunders suggested Thursday to Ontario brokers in Ottawa, while Gore…
Shifting liability related to autonomous vehicles among challenges for risk managers: RIMS speaker
September 29, 2017 Jason Contant, Online EditorShifting liability and “the period of intersection” between conventional vehicles and fully autonomous vehicles (AVs) will be among the challenges facing risk managers in the future, attendees to the RIMS Canada Conference heard earlier this week. Consider “public road liability”…