Industry

Insurance available for ride hailing July 16 in B.C.

VICTORIA – The journey to bring ride-hailing to British Columbia came closer to a destination Monday as the provincial government announced it will start accepting applications in September for companies to enter the market. Safety, insurance and penalty rules and regulations were updated, but still to come this summer are rules covering fares that drivers […]

By Greg Meckbach | July 9, 2019

3 min read

How the economy could spell trouble for insurance

As the economy goes, so does the insurance industry. But what happens where things aren’t necessarily taking off, but not falling by the wayside either? Business leaders are increasingly hopeful about the economy. A recent quarterly survey released by the Chartered Professional Accountants of Canada found that 31% of leaders are optimistic, up from 22% […]

By Adam Malik | July 8, 2019

3 min read

Client duped by fraudster wins coverage dispute

If your client ships goods to someone who turns out to be a fraudster and never gets paid as a result, is this covered by all-risks commercial insurance? Lloyd’s Underwriters tried to argue one such loss is excluded, but the Ontario Superior Court of Justice disagreed. In Heart Zap Services Inc. v. Lloyd’s Underwriters, released […]

By Greg Meckbach | July 8, 2019

4 min read

Too many meetings? Time to schedule “Untouchable Days”

Corporate sales culture is dominated by “urgent” meetings, phone calls and email messages; so many of them, in fact, that it’s hard to get any work done. Your employers require you to produce outputs, be they financial/claims reports, summaries, policy documents, pitches to broker clients, advertising campaigns, funding proposals, etc. But how do you carve […]

By David Gambrill | July 8, 2019

3 min read