Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
Joseph Campisi, a Toronto area personal injury laywer has launched a constitutional challenge to Bill 15.
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Some are calling 2014 a quiet – even a ‘reprieve’ – year for Canadian catastrophe losses. But when you put the year’s $880+ million up against 2013’s $3.2 billion, of course it will look like a quiet year (even a…
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2014 was a good year for the insurance industry in Canada and the United States. However, 2015 will face different challenges. First, the industry is over capitalized. This situation will result in companies trying to capture market share in sectors…
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On December 11, the Institute for Catastrophic Loss Reduction (ICLR) rolled out its latest retrofit home to the media. The home in Burlington, Ontario was retrofitted to reduce the risk of basement flooding. ICLR chose Burlington because it was ground…
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I noticed an interesting section at the end of a recent bulletin issued by FSCO regarding recent regulation changes that I reviewed in a recent post. Thrown in with the announcement of regulatory changes is a discussion on mileage expenses by health care providers.
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Changes will always take place in any industry, but changes in Ontario auto insurance have not solved problems – instead they have created them.
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Several new auto insurance regulations have now been approved by the Ontario Cabinet.
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Uber and similar ride-sharing services aren’t going anywhere. Consumers like these new services and that’s why there are using them.
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The auto insurance focus of this year’s Ontario Economic Statement is consumer protection.
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On October 16, the CBC published an online article entitled ‘Severe weather increasing insurance deductibles.’ Just a few days later, a small media outlet reprinted the piece, but changed the headline to ‘Climate change increasing insurance deductibles.’ This change highlights…
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This week FSCO released rate filings approved for third quarter of 2014. Nine insurers, representing 26.65% of the market based on premium volume, had rates approved in the third quarter of 2014. Approved rates decreased on average by 0.11% when applied across the total market.
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On October 10, ICLR held a Friday Forum workshop entitled ‘National Riverine Floodplain Mapping Framework and Advancements in Urban Overland Flood Risk Assessment’, which largely looked at the state of flood mapping in Canada. The workshop was lead by Tim…
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While groundwater figures prominently in riverine and urban flooding and is relatively easy to map, insurers, urban planners, governments and other key stakeholders seldom factor it in when considering flood risk. So says Dr. Cathy Ryan, a hydrogeologist with the…
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The Superior Court has upheld an arbitrator’s decision, finding that loss transfer is subject to a two-year rolling limitation period. In Economical v. Zurich, the claimant was driving a car and was involved in a motor vehicle accident with a…
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