CU Total Loss Series: To repair, or not to repair?
April 17, 2019 by David GambrillTotal Loss Series, Part 1: Cycle Times Imagine Canada’s auto insurance industry saving millions of dollars each year in total loss costs and passing that along to Canadian drivers in the form of premium decreases. And all by simply reducing…
Uber-style platform for expediting appraisals now in Canada
April 16, 2019 by David GambrillAn Uber-style platform to expedite home and auto claims appraisals has made its way into Canada. Offered by WeGoLook, the online and mobile sharing-economy platform provides personalized, onsite data capture for inspections and low-complexity services across the United States. Now…
Why brokers need to take ownership of data
April 11, 2019 by Jason ContantBrokers need to take ownership of the data they collect to personalize and improve the customer experience, a speaker suggested Tuesday at the CIP Symposium in downtown Toronto. “For the brokers in the room, how does your client feel if…
B.C. Wildfire Service monitoring grass fire near Pemberton
April 11, 2019 by Greg MeckbachPEMBERTON, B.C. – Residents of the Lil’wat First Nation just east of Pemberton, B.C., are closely watching a grass and brush fire that broke out late Tuesday afternoon. The First Nation set up an emergency operations centre and warned residents…
More than 100,000 Quebeckers without power after wind, freezing rain
April 10, 2019 THE CANADIAN PRESSMONTREAL – Premier Francois Legault says the large majority of the more than 100,000 Quebec homes still without power after Monday’s ice storm will have electricity restored by Wednesday night. Speaking to reporters in Quebec City, Legault thanked Hydro-Quebec crews,…
Where Canada’s largest insurer sits with board diversity
April 9, 2019 by Greg MeckbachWomen will comprise nearly half the boardroom of Canada’s largest property and casualty insurer if shareholders vote for Intact Financial Corp.’s recently-released slate of board nominees. Jane Kinney, a former global chief risk officer for Deloitte, is a new nominee…
AXIS Insurance announces new head of claims in Canada
April 4, 2019 by David GambrillAXIS Insurance has appointed Margaret Mede as head of Canada claims, effective immediately. Based in Toronto, Mede will lead a team that handles D&O, E&O, employment, media, cyber, fidelity, and general liability claims brought against Canadian-based insureds. She joins AXIS…
Hub acquires personal and commercial lines brokerage in Alberta
April 2, 2019 by Jason ContantHub International announced Tuesday it has acquired Del Fisher Insurance, an independent brokerage offering personal and commercial lines. Based in Calgary, Del Fisher Insurance has provided personal and commercial insurance solutions, including home, auto, business and contract bonding to area…
Archway Insurance moves into Saint John with acquisition
April 1, 2019 by Jason ContantArchway Insurance, one of Atlantic Canada’s largest brokerages, has moved into Saint John, N.B. with the acquisition of Hall & Fairweather Insurance, effective Monday. The Hall & Fairweather office expands independent brokerage Archway’s footprint in New Brunswick and gives the…
How this insurer tries to “wow” brokers and customers
March 28, 2019 by Jason ContantOffering consistency and going back to basics are just two of the ways Trisura Guarantee Insurance Company tries to stay one step ahead of the competition. Basic things like responding promptly to brokers’ inquiries can make a significant difference, suggested…
Ontario ministry issues guidance on paying HST on accident benefits
March 27, 2019 by Jason ContantOntario’s Ministry of Finance has proposed regulatory amendments clarifying that harmonized sales tax (HST) is required to be paid in addition to accident benefit limits. If approved, the proposed changes to the Statutory Accident Benefits Schedule (SABS) under the Insurance…
New insurance coverage for shared travel accommodations
March 21, 2019 by Jason ContantHas your client booked travel accommodations through platforms like Airbnb, HomeAway and Trip Advisor? If so, they are now able to get insurance coverage for trip cancellations and interruptions. CAA Travel Insurance announced Wednesday it has added a new feature…