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Canadian Underwriter
canadianunderwriter.ca > your-business > legal-regulation > fsra-forming-advisory-committee-on-auto-rating-and-underwriting

FSRA forming advisory committee on auto rating and underwriting

8+ hour ago  (246+ words) Experts sought for input on rates and underwriting in Ontario Want to help shape the way auto insurance rates and underwriting are regulated in Ontario? The Financial Services Regulatory Authority of Ontario (FSRA) put out a call on Mar. 13 for…...

Canadian Underwriter
canadianunderwriter.ca > your-business > legal-regulation > why-quebecs-broker-association-calls-replacement-insurance-changes-problematic

Why Quebec's broker association calls replacement insurance changes 'problematic"

6+ day, 10+ hour ago  (496+ words) RCCAQ president Lucie Fr'chette says the changes are not in the best interest of the consumer Quebec's broker association is displeased with the province's deferment of a legislative amendment that will prohibit auto and recreational vehicle dealerships from offering replacement…...

Canadian Underwriter
canadianunderwriter.ca > news > claims > ev-premiums-are-all-over-the-map-auto-insurance-quotes-suggest

EV premiums are all over the map, auto insurance quotes suggest

1+ week, 6+ day ago  (639+ words) Prices are likely to standardize as repair costs as EVs become more popular, and repair costs are better understood Premiums for electric vehicles (EVs) are showing a wide variation depending on the make or model, rate aggregator Rates.ca says....

Canadian Underwriter
canadianunderwriter.ca > news > claims > itv-gap-widens-as-co-insurance-clauses-catch-businesses-off-guard

ITV gap widens, as co-insurance clauses catch businesses off-guard

1+ week, 6+ day ago  (835+ words) Tariffs and inflation are widening the insurance-to-value (ITV) gap at a time when many businesses don't know about their co-insurance clauses After recent catastrophes including the 2024 Jasper wildfire, the insurance-to-value conversation has sharpened, particularly for commercial property policyholders facing increased…...

Canadian Underwriter
canadianunderwriter.ca > your-business > legal-regulation > quebec-gives-auto-dealers-more-time-for-replacement-insurance-changes

Quebec gives auto dealers more time for replacement insurance changes

2+ week, 1+ day ago  (491+ words) The prohibition was initially scheduled for July 1, 2026, but will now take effect Jan. 1, 2027 Quebec has deferred the coming into force of a legislative amendment that will prohibit automobile and recreational vehicle dealers from offering replacement insurance. Originally scheduled for July…...

Canadian Underwriter
canadianunderwriter.ca > your-business > legal-regulation > ontario-regulator-issues-warning-over-unlicensed-gap-insurance-provider

Ontario regulator issues warning over unlicensed GAP insurance provider

2+ week, 6+ day 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…...

Canadian Underwriter
canadianunderwriter.ca > news > auto > rate-filing-system-is-causing-auto-premium-spikes-ibc

Rate filing system is causing auto premium spikes: IBC

1+ mon, 2+ day ago  (598+ words) Insurers say updating this province's rate filing system would stop the province's auto insurers from having to wait for 10 months to implement required rate increases Canada's auto insurers are calling for a less cumbersome rate filing system in New Brunswick,…...

Canadian Underwriter
canadianunderwriter.ca > news > claims > opinion-why-ontario-pedestrians-without-auto-insurance-will-need-access-to-optional-benefits

Opinion | Why Ontario pedestrians without auto insurance will need access to optional benefits  

1+ mon, 1+ week ago  (618+ words) Legal expert calls for creation of new insurance product to fill gap left by Ontario's shift to optionality I am approaching 40years dealing with automobile insurance disputes. During my first 30 years, there was little innovation in the delivery of auto insurance....

Canadian Underwriter
canadianunderwriter.ca > news > claims > manitobas-top-5-insurance-fraud-claims-of-2025

Manitoba’s Top 5 insurance fraud claims of 2025

2+ mon, 1+ week ago  (1059+ words) Investigations saved Manitoba ratepayers nearly $17 million in attempted auto insurance fraud in 2025 A claimant suffering severe burns after intentionally setting a truck on fire was one of Manitoba Public Insurance's (MPI) Top 5 fraud cases in 2025. The public auto insurer suspected…...

Canadian Underwriter
canadianunderwriter.ca > news > claims > first-auto-insurer-to-receive-claim-pays-even-if-the-policy-expired-before-the-accident

First auto insurer to receive claim pays, even if the policy expired before the accident

1+ mon, 3+ week ago  (616+ words) Injured claimant may have obtained wrong information, but that's enough to establish a "connection" between him and the auto insurer in a priority case : tribunal An injured claimant who learned the driver who hit him had a policy with an…...