Industry

How much did auto insurance rates go up in Alberta last quarter?

Alberta’s Automobile Insurance Rate Board (AIRB) has approved rate increases for more than 20 insurers in Q4 2019, ranging from less than 1% to nearly 30% for basic coverage for private passenger vehicles. The rate hike was about 10% on average. Over 92% of the private passenger vehicle market submitted filings for a rate change […]

By Jason Contant | January 13, 2020

2 min read

Durepos departs Keal Technology

Pat Durepos and his daughter Renee Durepos are leaving Keal Technology, the broker management system vendor announced Friday. Dimitrios Argitis has joined Keal Technology as vice president and general manager “to lead Keal’s next phase of growth and roll out new solutions to the Canadian market,” Keal said in a press release. As such, Argitis […]

By Greg Meckbach | January 10, 2020

2 min read

No insurer-based new home warranty system for this province

An insurer-based model for new home warranty was under consideration in Ontario but the current government is maintaining the status quo. “Our government has been looking at the feasibility of a private insurance model for new home warranties and protections in Ontario,” the press secretary for government and consumer services minister Lisa Thompson told Canadian […]

By Greg Meckbach | January 6, 2020

4 min read

You unsuccessfully jump into the back of a hatchback to avoid a tragic injury. Do you “occupy” the car?

A man trying — and failing — to clamber into his employer’s car to avoid another vehicle that was backing up into him was in fact the “occupant” of the car into which he attempted to jump, the Court of Appeal of Newfoundland and Labrador has ruled. As a result of the ruling, the insurer […]

By David Gambrill | December 31, 2019

3 min read