Industry

How this insurer is tackling short-rate cancellation fees during COVID-19

One mutual insurance company has decided to stop charging short-rate cancellation fees during the coronavirus (COVID-19) pandemic. “We have removed the short-rate penalty in all circumstances during this pandemic,” Enrico Mastrangeli, vice president of distribution and member innovation with The Commonwell Mutual Insurance Group, told Canadian Underwriter Monday. “This applies to all lines of business: […]

By Jason Contant | March 30, 2020

3 min read

Pandemic bonds: The financial cure we need for COVID-19?

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Authors: Dror Etzion, Associate Professor, Strategy and Organizations, McGill University; Bernard Forgues, Professor of organization theory, EM Lyon, and Emmanuel Kypraios, Assistant Professor in Management, School […]

By Jason Contant | March 30, 2020

4 min read

Pandemic coverage: The big unknown for dentists

Are Canadian dentists covered for business interruption or commercial liability arising from the COVID-19 pandemic? That is open to question right now for some existing policies. What seems clear is that if a dentist wants to buy a new policy through CDSPI, it will exclude pandemic. Toronto-based CDSPI, originally known as Canadian Dental Service Plans […]

By Greg Meckbach | March 26, 2020

3 min read

How COVID-19 is changing insurance transactions in B.C.

The COVID-19 pandemic sweeping across the globe and here at home is changing the way auto insurance transactions are conducted in British Columbia. Last week, the government of British Columbia announced it would allow certain auto insurance transactions, such as vehicle insurance renewals, by phone and email. Normally to complete an Insurance Corporation of B.C. […]

By Jason Contant | March 25, 2020

3 min read