Industry

Ontario long-term care home with outbreak of COVID-19 variant faces lawsuit

A central Ontario long-term care home devastated by an outbreak of a highly contagious variant of COVID-19 is facing a proposed class-action lawsuit from residents’ families who allege their loved ones were neglected by those charged with keeping them safe. The unproven statement of claim filed to the Ontario Superior Court of Justice alleges Roberta […]

By Jason Contant | February 5, 2021

4 min read

2020 NatCats underscore need for insurers to collaborate with public sector: Aon exec

Globally, the COVID-19 pandemic may not have affected insurers’ balance sheets in the same way that weather-related disasters did in 2020, but the industry is now much more aware of the impact of multiple catastrophe scenarios unfolding at once, an Aon report suggests. As a result, Aon’s CEO Greg Case predicts that private insurers will […]

By David Gambrill | February 4, 2021

3 min read

Something new to tell drivers to help stop distracted driving

Messaging around distracted driving hasn’t worked, so it’s time to come up with a new strategy to reduce driving risk, a panellist on a recent webinar suggested. Instead of saying how bad it is to be distracted, insurers and governments should be educating drivers to scan their surroundings for threats, said Jay Winsten, director at […]

By Adam Malik | February 4, 2021

3 min read

Deal Tracker: The latest in brokerage M&A

The number of mergers and acquisitions in the Canadian P&C insurance space (mostly involving brokerages) has hit double digits already this year, with two large brokerages contributing to the latest round of deal-making. Hub International announced Tuesday that it had acquired Saskatchewan-based John Galon Insurance Services Ltd. and Galon Management Ltd. (Galon Insurance Brokers); Navacord […]

By Jason Contant | February 4, 2021

2 min read