Canadian Underwriter


News Commercial LinesInsurance

This commercial line could get a lot more exciting soon

June 4, 2019 by Jason Contant

The Canadian marine insurance market could get a lot more interesting in the next year-and-a-half as major infrastructure projects get underway. “There are more large infrastructure projects on the drawing board and it could be a very interesting 18 months

News ClaimsClaims CanadaInsuranceLegal

When ‘residence employee’ is key in home insurance wording

June 3, 2019 by Greg Meckbach

A coverage dispute, arising from severe electric shock injuries to a baby in a rented house, shows disagreement over the exact meaning of “residence employee” in a home insurance policy. Doris Wong and her brother Johnny Wong were sued in

News BrokersInsuranceLegislation / Regulation

Brokerage fined for rebating premium to unhappy client

June 3, 2019 by David Gambrill

A Manitoba brokerage recently found itself in hot water with the regulator for rebating premium money to a dissatisfied client. Insurance Council of Manitoba ruled that Donbar Agency Limited, which operates as Crossroads Insurance, should not have rebated an unhappy

News BrokersInsuranceMarkets / Coverages

Brokers concerned about blanket approach to binding authority restrictions

May 31, 2019 by Jason Contant

With wildfires raging in northern Alberta and Ontario, brokers are reporting some funky outcomes associated with insurers’ binding authority restrictions. Under the restrictions, brokers cannot bind coverage in areas under civil authority, forest fire alerts, flood alerts and certain earthquake

News InsuranceTechnology

Why cyber insurers can expect to make more (and bigger) claims payments

May 29, 2019 by Jason Contant

Not only is the frequency of ransomware attacks skyrocketing, attackers are targeting larger organizations and demanding higher ransom payments. Specialist insurer Beazley released its Beazley Breach Insights report for May last week, finding that ransomware attack notifications against clients increased

News InsuranceLegislation / Regulation

Pressure builds to end auto insurance monopoly

May 28, 2019 by Adam Malik

Calls to end a provincial stranglehold on auto insurance are growing as business groups, municipalities and the Insurance Bureau of Canada (IBC) have taken up the cause. ICBC, on the other hand, is saying the high claims costs the public

News MGAs

New COO, EVP for Totten

May 28, 2019 by Jason Contant

Paul Meinschenk has joined managing general agency (MGA) Totten Insurance Group as chief operating officer and executive vice president, effective May 31. With 18 years of experience in the insurance industry, Meinschenk was mostly recently vice president of sales and

News InsuranceMarkets / Coverages

Does an earthquake endorsement cover sinkhole damage?

May 28, 2019 by Jason Contant

If a home collapses into a sinkhole, is there coverage under a standard homeowner’s policy or earthquake endorsement? Not under many homeowner’s policies, but possibly under the earthquake endorsement, depending on the policy language and if the quake caused the

News AppointmentsBrokers

This ‘leading practitioner’ in insurance law is now a judge

May 27, 2019 by Greg Meckbach

CORRECTION NOTICE: In an earlier version of this story, Glen L.C. Noel was incorrectly identified as a lawyer representing Lloyd’s in Lawlor v. Royal. In fact, Noel represented Mary Lawlor in that case. Canadian Underwriter regrets the error. Glen L.C.

News ClaimsLegalLegislation / Regulation

Why off-road vehicles could get more mileage in Ontario

May 27, 2019 by Greg Meckbach

If you insure off-road vehicles in Ontario, some of those machines could soon be driven more frequently on the road. Bill 107, which would ease restrictions on driving off-road vehicles on municipal roads, passed second reading and was referred Tuesday

News ClaimsCommercial LinesInsuranceLegal

Aviva loses $7-million coverage dispute over sexual abuse liability

May 23, 2019 by Greg Meckbach

Canada’s top court said today it will not hear an appeal from Aviva Canada of a ruling in favour of a New Brunswick church diocese. L’Évêque catholique romain de Bathurst, a diocese that oversees Roman Catholic parishes in the northeastern

News BrokersInsuranceProductsTechnology

New cyber insurance platform offers quotes using single piece of data

May 23, 2019 by Jason Contant

While online quote and bind systems have historically been cumbersome, one specialist insurer will soon offer a cyber insurance platform with single-question quoting capabilities. Using a single piece of client data, brokers will be able generate a cyber insurance quote