Risk

Aviva combines multiple business segments into one commercial policy

Aviva Canada has launched a new commercial product that allows a company’s different business operations to be included on one policy. This consolidation is intended to make it easier for brokers to offer limits and extensions for different segments. In the past, individual product offerings for different business segments could not be combined onto a […]

By Jason Contant | March 6, 2018

2 min read

ICBC to remodel system to reward low-risk drivers

VICTORIA – Major shifts in direction are being considered to ensure good drivers in British Columbia receive lower insurance rates, says the minister responsible for the province’s public auto insurer. David Eby said the government introduced an online survey Monday that poses questions about the public mood to realign coverage at the Insurance Corp. of […]

By Jason Contant | March 6, 2018

2 min read

A 15% cut in home insurance premium? There’s (almost) an app for that..

A mobile app designed to help homeowners get a discount on insurance premiums by reducing flood risk should be on the market within a year, an Insurance-Canada.ca Technology conference speaker said Tuesday. The Intact Centre on Climate Adaptation at the University of Waterloo is helping to develop the app, which would ask homeowners “questions along […]

By Greg Meckbach | March 1, 2018

2 min read

Should insurers even be writing D&O coverage for sexual misconduct claims?

Why are insurers writing D&O coverage for allegations involving sexual misconduct, which is not really an “accident,” but rather an intentional act that is typically excluded from coverage? The question came up last Thursday at a PLUS Canada event in Toronto featuring Kevin LaCroix, author of the U.S.-based ‘D&O Diary’ blog. The panel discussion was […]

By David Gambrill | February 26, 2018

2 min read