Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
On Tuesday, April 22, CSIO held its Annual General Meeting and Member Reception at the Royal York Hotel in Toronto. It was a great opportunity to reflect together with our broker, vendor and carrier members on the notable accomplishments that…
Read more →
Though we have to be careful about attributing the rise in disaster losses in the country solely to the poor state of public infrastructure (there are many other factors that have to be considered as well), there can be no…
Read more →
This week the Ontario government introduced Bill 189, the Roadside Assistance Protection Act, which, if passed, will finally introduce a regulatory scheme to the towing industry. This will be welcome news to consumers, insurance companies and honest towing companies.
Read more →
What a stunner and brilliant outside-in move by AXA – to position themselves as a dominant digital insurance company by partnering with Facebook! You baseball fans will know the phrase, “the shot heard round the world,” which was said about…
Read more →
The impact of natural catastrophes is having an ever-increasing impact on the results of insurers around the world. According to a recent report from Aon Benfield’s catastophe model development arm, natural catastrophes caused roughly $7 billion in insured losses globally…
Read more →
Whenever the subject of overland flood insurance for Canadian homeowners comes up, someone invariably will warn against it by bringing up the spectre of the U.S. National Flood Insurance Program. This is somewhat understandable. Insurance premiums for NFIP coverage are…
Read more →
In Lavoie v. T.A. McGill Mortgage Services Inc., the Ontario Court of Appeal in a decision released on April 3rd, 2014, upheld the dismissal of this action against Echelon, the professional liability insurer of a mortgage broker, T.A. McGill Mortgage…
Read more →
Mobile technology has become indispensable to consumers, who contributed to an 80% growth in mobile web traffic in 2013. In fact, a recent Nielsen study reports that 40% of insurance research is conducted on mobile devices, and that 25% of…
Read more →
Full disclosure here. I worked with Justice Douglas Cunningham on his review of Ontario’s Dispute Resolution System (DRS) and fully support his recommendations. In the process of coming up with his recommendations, Justice Cunningham listened to a lot of users…
Read more →
If we as an industry are to have any shot at all of reducing the impact of sewer backup and basement flooding, we have to start cutting through the myths, misinformation, exaggeration, conventional wisdom and everything else that is getting…
Read more →
Kinkade v. 947014 Ontario Inc. c.o.b. as The Silver Dollar, 2014 ONSC 1599, involved a successful motion by the defendant adult entertainment facility for a defence in this action by the plaintiff who sustained personal injuries when shot in the leg…
Read more →
It is unfortunate that insurance is continually being influenced by politics. It is frequently used by a party to gain votes prior to an election or simply to stay in power. Currently the Liberal Party (Liberals) in Ontario needs the…
Read more →
In Kassburg v. Sun Life Assurance Company of Canada, Ontario Superior Court Justice Ellies dismissed the LTD insurer’s motion for an order that the plaintiff’s action is limitation-barred. The defendant insurer asserted that there was a one-year limitation under the contract…
Read more →
Whenever a large natural hazard event takes place and things didn’t quite go as desired (and they seldom do), you can bet that you will hear from certain quarters that the storm/flood/wildfire/earthquake “was just too big, there was nothing we…
Read more →