Industry
About one-third of 800 Canadian P&C insurance professionals surveyed by Canadian Underwriter in June are enthusiastic to return to the office, and that’s mainly because they want to see their friends again. Today, 34% of Canadian P&C insurance professionals reported being “enthusiastic” (23%) or “very enthusiastic” (11%) about going back. That’s a drop compared to […]
By Adam Malik | June 23, 2021
3 min read
If you drive drunk in Ontario, it’s your way or the highway. Impaired drivers can now find “sanctuary” by pulling off a public “highway” and on to private property when they see a police car, a Court of Appeal for Ontario judge warns. In 2018, Walker McColman was convicted of driving with more than the […]
By Greg Meckbach | June 23, 2021
5 min read
When Barry Lorenzetti set up his family foundation a few years ago, it was with his uncle Arthur in mind. Lorenzetti, president, CEO and founder of commercial brokerage BFL Canada, remembers when his uncle would visit Lorenzetti’s home when he was growing up in the 1960s. His uncle fought in the Second World War and […]
By Jason Contant | June 21, 2021
HALIFAX – Tropical storm Claudette is headed for Atlantic Canada. Environment Canada says the storm is expected to dump heavy rain on parts of Nova Scotia and Newfoundland on Tuesday. Earlier today, Claudette was just off the coast of Virginia, heading northeast at 41 kilometres per hour. The low-pressure weather system was producing maximum sustained […]
1 min read
After an initial surge, the number of clients taking advantage of virtual claims processing has dipped. For insurers, now is a critical time to evaluate their processes and figure out how to properly provide a touchless experience, says a recent report. Clients turned to virtual claims processing in droves following the onset of the COVID-19 […]
By Adam Malik | June 21, 2021
There’s a bit of a tempest brewing regarding a post-COVID return to the office, and employers can do six things to make sure that the tempest remains in a teacup, as one consultant advises. Published survey results show a gap in some cases between what employees expect in terms of a flexible post-COVID workplace, and […]
By Jason Contant | June 18, 2021
More property and casualty insurance industry professionals are working from today than six months ago — and more are “very satisfied” to be doing so, according to a Canadian Underwriter poll conducted last week. Canadian Underwriter first asked the industry back in January about their satisfaction with working from home, and how they felt about […]
By Adam Malik | June 18, 2021
4 min read
A lack of scrutiny around the risk being taken on and a flawed claims process bit the cyber insurance market hard, especially over the last year, according to experts in the field. Now, they added, there are signs that insurers are starting to right the ship. After being hit with sky-high loss ratios driven by […]
By Adam Malik | June 17, 2021
While George Costanza may claim that his entire life is a lie, most people will tell about 200 lies a day — and many to themselves about what they’re doing and what they can actually accomplish, according to an expert speaking recently to risk professionals. There are tools people can use to reduce those lies, […]
HALIFAX – Cynthia Fernandez said her personal sense of responsibility for the safety of her clients led her to publicly disclose that her staff were vaccinated against COVID-19 earlier this spring. “I think a lot of people are nervous still about coronavirus,” the owner of Cambridge, Ont.-based Accurate Auto Appraisal said in an interview. “We […]
By Jason Contant | June 17, 2021
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