4+ hour, 32+ min ago  (426+ words) Assureway Protection Corporation has been providing GAP insurance for new and used vehicles Ontario's financial services regulator has issued a warning over an unlicensed company providing guaranteed asset protection (GAP) insurance to consumers in the province. Assureway Protection Corporation has…...

3+ week, 3+ hour ago  (665+ words) Following New Zealand earthquakes, the government mandated a home insurance rider for catastrophes Canada should look to the successes of New Zealand to handle catastrophic risk in home insurance policies, a regulatory executive said Wednesday at the CatIQ Connect conference…...

3+ week, 4+ day ago  (631+ words) In this particular case, the policy's GRC endorsement covered the costs of inflation Canada's top court has ruled a Guaranteed Replacement Coverage (GRC) policy endorsement issued by Trillium Mutual does not cover the increased costs of complying with an Ottawa…...

1+ mon, 1+ day ago  (886+ words) Brokers need to make clients aware of policy limits and deductibles associated with a variety of different weather perils, not just flood Consumer concerns about NatCats are shifting away from flood and focussing on other specific weather perils such as…...

1+ mon, 4+ day ago  (650+ words) At the same time, regulator settles dispute with Mazda over whether "appearance protection contracts" are insurance products Businesses in B.C. selling insurance incidental to their primary business activities must obtain and maintain a new Restricted Insurance Agency (RIA) licence, effective Jan…...

1+ mon, 4+ day ago  (716+ words) As condominium demand slows, those living near idle construction sites complain about trash dumping and safety issues As Canada's condominium market grinds to a halt, neighbours of properties collected by developers are reporting an increasingly common problem " site negligence. Recent…...

1+ mon, 3+ week ago  (888+ words) TD Economics study shows how 17 NatCats affected home insurance premiums, deductibles between 2021 and 2025 Canadian property and casualty insurers lost money insuring homes against natural catastrophes, according to a TD Economics study of 17 major natural catastrophes between 2008 and 2024. "Growing insured personal…...

3+ mon, 3+ hour ago  (488+ words) A lengthy claims process means business owners may turn to other higher-cost options Too much time to complete claims is a primary reason your small business clients may decide not to use their business insurance and rely on other higher-cost…...

3+ mon, 1+ week ago  (327+ words) Tips for advising clients on protecting themselves from bad weather and bad behavior Winter is coming. And the damage cold weather can do to homes can be some of the most expensive your home insurance clients will experience. That's bad,…...

3+ mon, 1+ week ago  (645+ words) Insurers play an important role in making industries they serve more resilient to increasingly volatile weather Climate change is prompting a reevaluation of how renewable energy infrastructure is protected. And insurers have a key role to play in making the…...