Canadian Underwriter


News InsuranceLegislation / Regulation

Why insurers and brokers like Ontario’s budget

March 29, 2018 by David Gambrill

Facing the distinct possibility of a political regime change in Ontario, the province’s auto insurers and brokers are calling on all of the province’s political parties to keep their eyes focused on auto insurance reform as the way to deliver

News InsuranceLegislation / RegulationMarkets / CoveragesTechnology

You’ve got your clients’ data locked down, but can you prove it to a regulator?

March 28, 2018 by David Gambrill

Insurance organizations may be good at protecting their own clients’ data, but can they prove it? “In general, I would say that insurers are good at securing their data,” French Caldwell, a former advisor to the White House on cybersecurity,

News Legislation / Regulation

RSA Canada endorses “all of the recommendations” in Marshall report

February 26, 2018 by Greg Meckbach

Although every Canadian auto insurance system has its problems, a special advisor to Ontario’s finance minister did an “excellent job” in describing the problems specific to that province, says the head of RSA Canada. “I don’t think there is an

News InsuranceLegalMarkets / Coverages

Ontario PC leadership hopeful slams Liberals for delaying auto fraud office

February 21, 2018 by Greg Meckbach

Ontario PC leadership candidate Caroline Mulroney promises to do “more than just talk” about cracking down on insurance fraud if she becomes premier of Ontario this June. Ontario Liberal Finance Minister Charles Sousa announced this past December the provincial government

News InsuranceMarkets / Coverages

What to ask your D&O clients before a market correction

February 15, 2018 Greg Meckbach, Associate Editor

The latest stock market roller coaster ride should prompt brokers placing directors’ and officers’ liability to ask their clients about independent audits and internal controls. The week ending Feb. 9 saw a “a steep and broad-based selloff” in the stock

News InsuranceMarkets / Coverages

Why Intact plans to raise auto insurance premiums

February 12, 2018 by Greg Meckbach

Intact Financial Corp. plans to apply nation-wide for rate increases in personal auto, a move to improve the firm’s profitability in personal auto insurance. “In terms of additional rate actions in 2018, we are expecting a further 5% [increase] in

News InsuranceProfessional Development

New training ground for P&C industry’s future managers

January 30, 2018 by David Gambrill

There’s a new training ground in Canada for insurance professionals interested in fast-tracking themselves into entry-level management positions at insurance companies, adjusting firms and brokerages. Humber College in Toronto is halfway through its inaugural, two-semester P&C Insurance Management Postgraduate Program,

News InsuranceLegal

Why brokers should ask clients about their human resource departments

January 30, 2018 Greg Meckbach, Associate Editor

By asking if a business client has a human resources department, a broker can quickly find out about that client’s liability exposure. If a client’s business has an HR person or a legal advisor, that “tends to really decrease liability

News InsuranceLegal

Gift cards–a new way to reduce liability

January 26, 2018 by David Gambrill

You are providing risk advice to a company accused of wrongdoing. What do you think about your client offering voluntary gift cards as a strategy to reduce liability? The question is currently before the Ontario Superior Court of Justice in

News AppointmentsInsuranceProfessional Development

RCCAQ appoints Louise Mathieu to board of directors

January 26, 2018 by Jason Contant

Quebec broker association Regroupement des cabinets de courtage d’assurance du Quebec (RCCAQ) has appointed Louise Mathieu, vice president at brokerage Lussier Dale Parizeau, to its board of directors. Mathieu is returning after having been a board member for several years,

News Markets / CoveragesTechnology

Driverless cars and the irony of solving Ontario’s auto problem

January 17, 2018 by Greg Meckbach

As driverless cars become more popular, and as the focus of insurers gradually shifts from insuring vehicle owners to providing product liability for the manufacturers of autonomous vehicles, the Ontario government’s auto insurance reforms may finally be yielding some better

News AnnouncementsMarkets / CoveragesMergers and AqcuisitionsReinsuranceTechnology

Deal with LOGiQ3 sees U.S. firm acquire Canadian insurtech

January 10, 2018 by Jason Contant

RGAx, a subsidiary of Reinsurance Group of America, has acquired a group of companies providing technology, consulting and outsourcing solutions to the North American life and reinsurance industries – including two Canadian organizations. On Jan. 8, RGAx announced the acquisition