Industry
Canadians getting ready to ring in 2022 probably aren’t thinking about insurance coverage. Clients are required to alert brokers to any changes that might impact their coverage throughout a policy period — regardless of the renewal date, said Anthea McFarland, senior vice president, personal insurance, HUB International Ontario. However, clients may forget. So brokers might […]
By Phil Porado | December 23, 2021
3 min read
As the December holidays neared, the Old Triangle alehouses across the Maritimes were bustling with Christmas parties and diners revelling in the festive season. But that energy vanished in recent days as the Omicron variant of COVID-19 raged across Canada and governments brought in new restrictions limiting the capacity at restaurants and enforcing physical distance […]
By Jason Contant | December 23, 2021
Andrew Agencies, a multi-line brokerage based in Virden, Manitoba, is expanding its footprint in the province with the acquisition of two Manitoba brokerages — Kimp Services in Shoal Lake, and Ducharme Agencies in Winnipeg. The acquisitions are effective Nov. 1, 2021, and Dec. 1, 2021, respectively. Kimp Services brokerage writes multiple lines of business including home, […]
By Alyssa DiSabatino | December 22, 2021
1 min read
VANCOUVER – British Columbia residents are being urged to prepare for extremely cold temperatures, power outages and slick streets as a series of winter storm and freezing rain warnings covered most of the province. The B.C. government released a statement saying strong storms would clash with cold Arctic air throughout the province between Tuesday and […]
By The Canadian Press | December 22, 2021
2 min read
VANCOUVER – British Columbia’s “hobbled” supply chains received a major boost with the reopening of the primary transport route for goods heading to and from Metro Vancouver, a spokesman for the trucking industry said. The Coquihalla Highway between Hope and Merritt reopened ahead of schedule Monday to commercial traffic and intercity buses. It had been […]
By The Canadian Press | December 21, 2021
Travel industry experts are warning Canadians to double check their insurance coverage before embarking on a trip this holiday season amid tightening travel restrictions. Holiday travel has been upended by the latest COVID-19 variant sweeping the globe, prompting some travellers to postpone or cancel trips. For those determined to travel, experts say renewed travel advisories […]
By Jason Contant | December 20, 2021
Applied Systems will be partnering with Humber College to develop and launch an insurance technology certificate program. The program will train students in using Applied software, which will allow students to transition more easily into a brokerage office upon program completion. Brokerages across Canada use several different broker management systems (BMS) technologies, of which Applied’s […]
It’s a common misconception that “everything is completely gone” if you’re in the path of a destructive wildfire, said Michael Young, vice president of model product management with Risk Management Solutions Inc. (RMS). “One of the interesting facts that most people don’t recognize is that when you look at the burn footprints or the scarring footprints […]
By Jason Contant | December 17, 2021
MONTREAL – Financial services firm Desjardins Group will pay up to nearly $201 million to settle a class-action lawsuit related to a data breach in 2019 that affected nearly 9.7 million Canadians. The agreement, which is subject to approval by the Quebec Superior Court, would allow eligible individuals who were affected by the privacy breach […]
By The Canadian Press | December 17, 2021
StoneRidge Insurance Brokers has acquired John Stark & Company, a brokerage with offices in Barrie and Coldwater, Ont. Headquartered in the community of Ancaster, west of Hamilton, StoneRidge has more than 30 Ontario offices including Toronto, St. Catharines, London, Newmarket, Atikokan, Fort Frances, and Huntsville, among others. StoneRidge has a brokerage, managing general agent, and an […]
By Greg Meckbach | December 16, 2021
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