Industry
With Ottawa police now making arrests of Freedom Convoy protestors, the speaker of the House of Commons Friday delayed Parliamentary debate on the Emergencies Act, which would require insurers to suspend auto insurance to those involved in the protests. The national associations of both insurers and brokers are discussing with the federal government how the […]
By Alyssa DiSabatino | February 18, 2022
3 min read
The Ontario government is calling on people 16 years of age and older to join a program that will help the province be better prepared for emergencies including public health crises and natural disasters. People are invited to register as volunteers to receive training under a new program called Volunteer Corps Ontario. The program will […]
By Jason Contant | February 18, 2022
1 min read
Global reinsurance broker Gallagher Re has set up a Montreal branch led by new executive vice president Isabelle LaPalme. She will lead Gallagher Re’s expansion into Quebec and the French-speaking insurance community. LaPalme will work closely with colleagues in Toronto as part of the 30-person broking, actuarial and catastrophe-modelling team. She joins Gallagher Re from […]
By Phil | February 17, 2022
Global commercial insurer and reinsurer AXA XL has appointed Sandra Lee as head of claims for Canada. Lee served as leader for the local casualty claims team. She will now have oversight for all claims activity across property and casualty, specialty and professional lines in Canada, AXA said in a Feb. 10 press release. Lee […]
By Jason Contant | February 17, 2022
2 min read
WASHINGTON – Viable alternatives to Line 5 already exist if the controversial cross-border pipeline gets shut down, says a new report from a Canadian environmental group looking to bridge the ideological gulf in the public debate over North America’s continuing dependence on fossil fuels. The report, commissioned and released Wednesday by the Toronto-based group Environmental […]
5 min read
With airplane trips forecast to increase post COVID-19, travellers will want to know if they’ll get where they’re going – and if they have coverage options when flights get cancelled. That’s the logic behind a new partnership between Zurich Canada and Blink Parametric to provide flight disruption cover to Zurich Canada policyholders and offer real-time, […]
By Phil | February 16, 2022
Ontario brokerage Mitchell & Whale Insurance Brokers has announced it is rebranding its company under the new name Mitch. Announced on Valentine’s Day, the rebrand will officially launch in late March and will be accompanied by a new value proposition of “lovable insurance” and a redesigned website, Mitchell & Whale said in a press release […]
By Jason Contant | February 16, 2022
Catastrophic floods that swamped much of southern British Columbia last fall were at least twice as likely because of climate change, suggests new research from Environment Canada. The study, now undergoing peer review, concludes that the likelihood of similar events in the future will only increase as global warming continues to upend normal weather patterns. […]
Economical is now the insurer of choice to provide commercial auto coverage for peer-to-peer car-sharing marketplace Turo in Ontario, Québec, Alberta and Nova Scotia. Turo is a host-and-guest car sharing service that allows owners to list their vehicles – including exotic automobiles – for rental use. Under the partnership, existing Economical personal auto policy customers […]
By Phil | February 15, 2022
A decision on commercial auto rates provides a glimpse into the kind of profit level the regulator expects of insurance companies.
By David Gambrill | February 15, 2022
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