Industry

Opinion: Personal lines cyber insurance a growing need

With much focus placed on commercial cyber insurance, not enough attention has been directed to personal customers and making sure they’re protected — and know what to do — when a cyber event hits them. And insurers are the key to moving this forward. Businesses have been wrestling with cyber risk management and how to […]

By Adam Malik | January 12, 2021

3 min read

How many people TD says will soon buy insurance online

Canadian customers may have been slower to adopt to digital options when it comes to insurance in the past but one insurer executive expects the tables to turn rather quickly, predicting half of its customers buying insurance online in the next few years. The Canadian Council of Insurance Regulators issued a report close to the […]

By Adam Malik | January 12, 2021

2 min read

Cyberattack may have exposed 500,000 files: Saskatchewan privacy commissioner

REGINA – A report from Saskatchewan’s privacy commissioner says more than 500,000 files with personal information could have been exposed in a ransomware attack on the province’s electronic health information network. The office started an investigation into the December 2019 cyberattack about a year ago. It says the attack resulted in one of the largest […]

By Jason Contant | January 12, 2021

2 min read

Where auto insurance rate could go this year

Auto insurance rates on the whole have softened thanks to the COVID-19 pandemic. But as vaccines offer a glimmer of hope of a return to something resembling pre-crisis normal, it’s up in the air as to what will happen to auto premiums going forward. In the fall, LowestRates.ca co-founder and CEO Justin Thouin told Canadian […]

By Adam Malik | January 11, 2021

3 min read