Industry

The opportunity in telematics that awaits insurers

As more connected vehicles enter the automotive space, there’s a great opportunity for insurers to offer drivers more than a score based on their driving habits. Instead, said an industry observer, carriers can offer a greater array of services and become more integrated with their clients. It will all be possible thanks to the data […]

By Adam Malik | November 9, 2020

3 min read

Brokerage M&A round-up: Which four were bought?

British Columbia-based Westland Insurance Group Ltd. has moved into the Ontario market, announcing that it has acquired Gillons Insurance Brokers Ltd. The “significant and substantial milestone” supports Westland’s expansion strategy to become a national insurance brokerage, the brokerage said when it announced the deal last week. Westland’s latest acquisition comes on the heels of other […]

By Jason Contant | November 9, 2020

3 min read

Brokers react to Intact’s ‘unbelievable’ international expansion proposal

A takeover of RSA Canada by Intact would still leave clients with plenty of choice in property and casualty insurance while making Intact more of an international player, an Ontario broker suggests. However, another notes that there is reason for concern. Intact Financial Corp. announced Nov. 5 it intends to make a joint offer with […]

By Greg Meckbach | November 9, 2020

4 min read

Supreme Court sides with Maple Leaf Foods in case sparked by meat recall

OTTAWA – A Supreme Court of Canada ruling has dealt a blow to Mr. Sub franchisees in their quest for compensation over losses experienced during a Listeria outbreak. In a 5-4 decision Friday, the top court said Maple Leaf Foods did not owe the submarine sandwich outlets a duty of care under the law. Mr. […]

By Jason Contant | November 9, 2020

3 min read