Claims
Small businesses lost more than $38 billion in revenue opportunities last year because of labour shortages.
By Alyssa DiSabatino | November 29, 2023
3 min read
A court awarded more than $225,000 against a home insurer after its agent didn't clear up a confusion over a "vacancy" exclusion.
By David Gambrill | November 29, 2023
4 min read
People using short-term rental platforms like Airbnb are somewhat protected by a condo owner's insurance but it doesn't cover everything
By Phil Porado | November 29, 2023
An Ont. psychologist is fined and suspended for 24 months after a regulator found he misrepresented accident benefits statements to insurers
CHARLOTTETOWN – The privately owned electricity utility in Prince Edward Island wants ratepayers to cover $37 million in costs incurred during post-tropical storm Fiona in 2022. Maritime Electric, a subsidiary of Fortis, has applied to the Island’s regulatory commission for rate hikes of about 2.4% cent by Mar. 1, 2024, for rural residential customers. After […]
By David Gambrill | November 28, 2023
While reinsurers are keeping a close watch on wildfire risk, tallied wildfire losses won't exponentially raise Canadian reinsurance renewals.
By Alyssa DiSabatino | November 28, 2023
Cars are now so expensive that auto dealerships will suffer huge increases to their loss ratios if 3 or 4 vehicles are stolen from their lots
By Phil Porado | November 27, 2023
2 min read
Ontario auto insurers are applauding the provincial government for committing $18 million over three years to combat and prevent auto fraud.
By David Gambrill | November 24, 2023
Climate change could add more than $4B per year to the cost of maintaining Ontario's public infrastructure over the rest of the century.
By Jason Contant | November 23, 2023
Embedded insurance not only enhances the customer experience but also provides greater access to data for insurers.
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