Industry

How B.C. is changing the way vehicle repair and replacement costs are paid

British Columbia is changing the way vehicle repair and replacement costs are paid in a move the province’s public auto insurer says will ensure all policyholders receive a consistent level of vehicle damage protection when they are not responsible for a crash. Under the new Basic Vehicle Damage Coverage (BVDC), changes will apply to crashes […]

By Jason Contant | January 27, 2021

3 min read

Assessing mental health in the P&C industry

The mental stress on property and casualty insurance professionals can be heavy in a normal year. But when the challenges of a global pandemic are added to the mix of handling the bad news phone calls day after day, it can be even tougher to manage mental health. Take frontline insurance professionals as an example, […]

By Adam Malik | January 27, 2021

3 min read

Cyber cops in 9 nations, including Canada, team up to disrupt dangerous malware

THE HAGUE, Netherlands – Law enforcement authorities in several countries have joined forces to disrupt what they call one of the world’s most dangerous pieces of malware, one that allowed criminal gangs to install ransomware and steal data from computer users. European Union police and judicial agencies Europol and Eurojust said Wednesday that investigators took […]

By Jason Contant | January 27, 2021

2 min read

Your clients are more willing to share personal data for a better insurance deal

Consumers are increasingly willing to share their personal information with their insurers as long as it will help them prevent injury and loss, according to a recent consumer research conducted by Accenture. The caveat here is that consumers don’t trust insurers with their personal data as much as they used to, Accenture states in its […]

By David Gambrill | January 26, 2021

3 min read