Industry

Why electric luxury SUVs may give your liability claims costs a jolt

Several car makers have announced ambitious plans to go electric in the next decade or two, but as more electric vehicles (EVs) hit the streets, there could be an increased insurance risk, according to one insurer. With the growing popularity of EVs – nearly 3 million are expected to be sold this year globally, while […]

By Adam Malik | November 11, 2019

3 min read

This line of business has grown an estimated 20% since last year

How much has the demand for M&A transaction insurance grown in Canada? “While we do not have specific statistics, we estimate that demand has grown in the Canadian market at least in line with the broader Americas region at 20% year-on-year,” Richard Angevine, senior public relations consultant with Liberty Mutual Insurance, said Monday. Angevine was […]

By Jason Contant | November 11, 2019

2 min read

How some insurers handle sick days

If you’re feeling a cold coming on, you could be doing more harm than good if you make your way to the office, a workplace expert warned. And for some in the property and casualty space, employers allow for staff to take it easy. With cold and flu kicking into high gear, the tendency for […]

By Adam Malik | November 11, 2019

2 min read

Intact’s take on the impact of no-fault auto insurance

No-fault insurance is not a silver bullet that is going to solve the auto liability problem, but it can be helpful to insurers, provided that the coverage is not too generous, suggests the head of Canada’s largest property and casualty insurer. “I think that the no-fault product for both car repairs and bodily injury can […]

By Greg Meckbach | November 11, 2019

3 min read