Claims
HALIFAX – Environment Canada is warning residents of the Maritimes to brace for a tropical storm later this week. Tropical storm Erin is expected to form later today off the Carolinas and then track northeastward toward Nova Scotia, where heavy rain and gusty winds are expected on Thursday and Friday. The storm is forecast to […]
By The Canadian Press | August 27, 2019
1 min read
Yes, an American auto insurer can be the priority insurer for an accident that happens in Canada. An Ontario judge found last Thursday that the priority dispute provisions in the province’s Insurance Act do indeed apply to U.S.-based insurers, thus ruling against GMAC Insurance Company. GMAC insured a New York State resident who was a […]
By David Gambrill | August 26, 2019
2 min read
Thanks to premium increases, a byproduct of a hardening insurance cycle, insurance professionals are facing an uphill battle in the eye of public opinion. That’s why Justin Thouin, co-founder and CEO at LowestRates.ca, wants to change how the general public thinks of insurance, and to push the industry to work together to bring rates down. […]
By Adam Malik | August 26, 2019
Ten London, Ont. properties have “substantial” damage as a result of last week’s gas explosion, though it does not appear to be a major loss for Canada’s property and casualty industry as a whole. About twelve minutes after a vehicle hit a home the night of Aug. 14, there was a massive explosion, CTV News […]
By Greg Meckbach | August 22, 2019
3 min read
Should a motorist be liable if a front-seat passenger deliberately grabbed the wheel and took control, causing an accident? Insurers debate this, but judges say a client in this situation should not be liable. In McKay v. Park, released Monday, the Court of Appeal for Ontario upheld part of a 2018 ruling against TD Insurance […]
4 min read
For motorists whose driving experience is in a country other than Canada and the United States, one major insurer’s underwriting rules are about to change in one province. Nova Scotia’s auto insurance regulator recently gave The Personal Insurance Company permission to stop recognizing driving experience outside Canada and the U.S. in determining the client’s driving […]
By Greg Meckbach | August 21, 2019
CEREAL, Alta. – A Saskatchewan man says a well-timed pit stop may have helped him avoid getting caught in a fiery 10-vehicle crash in southeastern Alberta that killed three people. Dore Germo and his wife left Kelowna, B.C., on Monday after a holiday visiting friends and, after a night in Calgary, were on their way […]
By The Canadian Press | August 21, 2019
Intact Financial Corp. agreeing to buy On Side Restoration will likely lead to similar deals going forward and while risks exist, one adjuster believes it will probably bring more good than bad to the insurance industry – with a lot more change. “In this particular case, you can bet that other insurers are paying close […]
By Adam Malik | August 20, 2019
The Canadian Crop Hail Association says more than 10,000 damage claims have been received by its member companies so far this season. The association says in a release that at the mid-point of the year, Saskatchewan farmers filed 6,900 claims – the most on the Prairies. The five-year average for Alberta and Saskatchewan is up […]
By The Canadian Press | August 20, 2019
There’s one automotive technology that has industry experts excited because it’s playing an increasingly key role in reducing crashes and increasing driver safety: autonomous emergency braking (AEB). But it will take some time before significant results are seen. AEB is part of a greater tool referred to as ADAS, or advanced driver assistance systems. And […]
By Adam Malik | August 19, 2019
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