How work expectations are contributing to distracted driving
May 3, 2022 by Jason ContantWork-related pressures may be contributing to distracted driving, but having a workplace policy in place appears to be an effective way to mitigate the risk, suggests a new survey from Travelers Canada. The 2022 Travelers Canada Distracted Driving Risk Survey…
Key challenges facing your construction industry clients
April 6, 2022 by Jason ContantAn ongoing labour shortage, exacerbated by the COVID-19 pandemic, is one of the key issues facing the construction industry in general, says the head of risk control with Travelers Canada. “I think the biggest prolonged challenge that comes around, seems…
How brokers can help clients nip construction defects in the bud
April 5, 2022 by Jason ContantUnderstanding proper storage and handling of materials can help your construction clients avoid a loss later down the road. Being able to identify material damaged by ultraviolet rays or weather is a key component of a construction risk management plan,…
The good and bad news for commercial insurance
October 1, 2021 by Jason ContantThere’s good and bad news when it comes to commercial lines in the Canadian property and casualty insurance industry. The good news is there’s encouraging signs the commercial market is stabilizing, said Don Forgeron, president and CEO of Insurance Bureau…
Existing auto insurance system well-positioned to handle autonomous vehicle claims: Travelers Canada exec
July 14, 2021 by Jason ContantCanada’s existing auto insurance structure is well-positioned to resolve claims and provide fair and timely compensation to accident victims when autonomous vehicles (AVs) are involved in a crash, a Travelers Canada executive said Monday. “The current auto insurance framework is…
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…
How a shrinking office footprint can grow your company
February 26, 2021 by Adam MalikYou can grow your business by shrinking the office footprint, as long as you do it correctly, the CEO of Travelers Canada says. Several P&C insurance company executives are openly discussing how much office space they might actually need once…
The critical piece that made remote work successful for Travelers
February 12, 2021 by Adam MalikProperty and casualty insurance industry employers need to work with staff to set clear expectations when it comes to setting up a working-from-home policy, says an insurer executive. Done correctly, P&C employers can see a boost in productivity and employee…
What carriers told us: The latest on pandemic relief measures
October 21, 2020 by Adam MalikWith $1 billion in auto premium relief made available for Ontario drivers alone, drivers across Canada shouldn’t expect more premium relief coming from their carrier, at least in the near future. Canadian Underwriter reached out to a number of insurers…
This company is accelerating broker commissions
April 13, 2020 by Adam MalikSome brokers will be getting their commission payments sooner from Travelers Canada, the company announced just before the Easter weekend. The move is being applauded by the Insurance Brokers of Canada (IBAC). Those who are on an annual payment system…
How Millenials are helping stop distracted driving
October 7, 2018 by Jason ContantMillenials – the ever-connected, technologically savvy age group – are actually most likely to ask a driver to stop using their mobile device if they are a passenger, a new Travelers Canada survey has found. Distracted driving has been cited…