Wednesday, 12/12/2018 | : : UTC-5
Insurance Breaking News | Home & Auto Insurance
  • B.C. opposition invoice seems to non-public insurers to fast-track ride-sharing Canadian Underwriter
    B.C. opposition invoice seems to non-public insurers to fast-track ride-sharing Canadian Underwriter

    The Opposition BC Liberals have launched a invoice they are saying would convey ride-sharing to the province inside three months and permit for personal insurance coverage protection, re-igniting debate over public versus personal protection in British Columbia. The minority NDP authorities launched laws on Nov. 19, to permit ride-sharing corporations to enter the B.C. market […]

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  • Schemes and insurers jet in for brokers after Ageas’ partial journey exit
    Schemes and insurers jet in for brokers after Ageas’ partial journey exit

    Suppliers “hungry” for enterprise. Insurance coverage companions have rushed to reassure brokers that they’re eager to ebook extra enterprise after Ageas’ partial withdrawal from the journey market. Insurance coverage Age revealed right now that Ageas shall be closing its on-line dealer journey facility on the finish of Might 2019 however retaining schemes-based and bespoke enterprise. Nel […]

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  • Why insurers urge warning on regulating apartment deductibles Canadian Underwriter
    Why insurers urge warning on regulating apartment deductibles Canadian Underwriter

    The federal government of Quebec ought to take a “wait-and-see” strategy to outline what’s an inexpensive or unreasonable deductible for condominium insurance coverage, the Insurance coverage Bureau of Canada (IBC) informed Canadian Underwriter final week. The provincial finance ministry just lately held a session previous to proposed laws on apartment insurance coverage. Points of Invoice […]

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  • How Canadian insurers ought to worth for his or her ‘silent cyber’ exposures Canadian Underwriter
    How Canadian insurers ought to worth for his or her ‘silent cyber’ exposures Canadian Underwriter

    The likelihood exists of a worldwide, widescale, multi-country cyber safety breach. To get a real sense of their general publicity, Canadian property and casualty insurers must be reviewing all of the insurance policies they promote – not simply devoted cyber insurance policies, but in addition the property and legal responsibility contracts that don’t explicitly exclude […]

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  • Regulating Canadian brokerages and insurers post-NAFTA
    Regulating Canadian brokerages and insurers post-NAFTA

    Regulating Canadian brokerages and insurers post-NAFTA October 5, 2018 Except for the identify change from NAFTA to the United States-Mexico-Canada Settlement (USMCA), what modified for Canada’s property and casualty insurers underneath the brand new free commerce settlement introduced Monday? Not a lot, it will seem. Laws round solvency, capital necessities and market conduct are precisely […]

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  • Claims, declines in funding revenue led to unprofitable six months for insurers: MSA Analysis
    Claims, declines in funding revenue led to unprofitable six months for insurers: MSA Analysis

    Claims, declines in funding revenue led to unprofitable six months for insurers: MSA Analysis Quarterly report outlines industry-wide decline in internet revenue Employees on September 21, 2018 It was a rocky begin to 2018 for insurers in Canada, in accordance with the newest Quarterly Outlook Report from MSA Analysis. Though premiums written grew by 7.6% […]

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  • To prep for Hurricane Florence, buyers unload insurers
    To prep for Hurricane Florence, buyers unload insurers

    To prep for Hurricane Florence, buyers unload insurers Buyers flip to development provides, turbines as storm looms The Canadian Press on September 11, 2018 Hurricanes virtually all the time set off an orchestrated dance on Wall Road, with shares of property insurance coverage corporations swapped out for inventory in corporations that promote development provides or […]

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  • TIC unveils proof of idea for real-time knowledge trade between brokers, insurers
    TIC unveils proof of idea for real-time knowledge trade between brokers, insurers

    TIC unveils proof of idea for real-time knowledge change between brokers, insurers Insurers, BMS suppliers and CSIO collaborated on the “D/X Initiative” Employees on August 9, 2018 The Toronto Insurance coverage Council (TIC) unveiled a proof-of-concept demonstration of its “D/X Initiative” at an business occasion in Toronto earlier this month. The demo confirmed first notices […]

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  • White paper examines how insurers can adapt to millennials
    White paper examines how insurers can adapt to millennials

    White paper examines how insurers can adapt to millennials Cake & Arrow surveyed greater than 300 millennials for the report Employees on August 7, 2018 A brand new white paper from Cake & Arrow seems to be at how insurers can higher tackle the wants of millennials. “For too lengthy, millennials have been handled as […]

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  • Harvey Weinstein’s insurers balk at paying his authorized payments
    Harvey Weinstein’s insurers balk at paying his authorized payments

    Harvey Weinstein’s insurers balk at paying his authorized payments Chubb argues exclusion for deliberately dangerous acts Tom Hays, The Related Press on July 30, 2018 NEW YORK _ Harvey Weinstein is locked in a messy battle with insurance coverage corporations over his steadily mounting authorized payments. The insurance coverage big Chubb and different carriers that […]

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  • Majority of insurers silent on Biba’s standardised Toba
    Majority of insurers silent on Biba’s standardised Toba

    No supplier has but dedicated to utilizing it or given a timeframe for any potential implementation. Some insurers are reviewing if they’ll use the British Insurance coverage Brokers’ Affiliation’s (Biba) new standardised phrases of enterprise settlement (Toba) which was launched final week. On the time of the launch Biba stated that widespread use of the template […]

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  • Householders are glad with their insurers: research
    Householders are glad with their insurers: research

    Householders are glad with their insurers: research That is even though premiums have been on the rise. Employees on June 28, 2018 Canadian householders are extra glad with their insurance coverage suppliers, even though premiums have been on the rise, in line with the J.D. Energy 2018 Canada House Insurance coverage Research. General satisfaction has risen for […]

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