What the P&C industry is facing in the war for talent
March 8, 2022 by Alyssa DiSabatinoThe ongoing war for talent in the P&C industry could become more pressing, since the majority of working Canadians are considering alternative job opportunities, a recent survey finds. The survey, commissioned by Allstate Canada and conducted by Leger, finds…
Court weighs in on when insurers are prejudiced in AB claims
February 8, 2022 by David GambrillIn considering whether an insurer is prejudiced by extending the two-year limit to file an appeal of termination of accident benefits, an appeals tribunal should be considering the period of the proposed extension, not the sum total of the time…
Updated: What emergency relief will insurers offer customers? Here’s what they told us
May 31, 2021 by Adam MalikEditor’s notes: This story has been updated to include additional information from Allstate. Insurance Bureau of Canada announced in 2020 that its members are offering reductions in auto insurance premiums for consumers whose driving habits have changed significantly. You can…
Insurer urges principles-based regulation: ‘You don’t need to tell me exactly what I can do and what I cannot do’
November 3, 2020 by Greg MeckbachThe insurance industry needs principles-based regulation instead of a system with rules for every situation, an Allstate Canada official suggests. “If you have a good system that creates boundaries and guiding principles, and you make sure that nobody violates that,…
Allstate ponders appeal in $700,000 lawsuit over Brampton auto insurance allegations
July 30, 2019 by Greg MeckbachAllstate officials are considering appealing last week’s Ontario court judgement that rejected the company’s $700,000 counter-suit against a former employee. “Our legal counsel is reviewing the decision and we will decide whether to appeal in the next few weeks,” Angie…
How usage-based insurance affects this carrier’s profits
April 12, 2019 by Greg MeckbachPembridge Insurance Company is asking brokers in four provinces to tell auto clients how much they could save by using a usage-based insurance app. Some motorists do not want usage-based insurance, Bob Tisdale, president of Pembridge, said Friday in an…
Q3 combined ratio improves 2.1 points for Allstate
February 6, 2017 by Canadian UnderwriterThe Allstate Corp. has released its financial results for 2016, reporting catastrophe losses of $2.572 billion for the calendar year, up 49.6% from $1.719 billion in 2015. All figures are in United States dollars. The combined ratio for Northbrook, Ill.-based…