Many Ontario drivers have likely never heard of David Marshall. In 2016, the Minister of Finance appointed Mr. Marshall as an advisor to make recommendations on improving Ontario’s auto insurance system. Before his appointment, Marshall was the President and CEO of the Workplace Insurance and Safety Board (WSIB) where he oversaw a major overhaul of their system in order to address the government’s commitment to eliminate the Board’s unfunded liability. Read more
Based on claims case experience, the vast majority of commercial landlords do not have adequate property insurance coverage, according to insurance industry experts.
Artificial Intelligence and ‘AI’ seem to be on everyone’s lips at the moment. It almost seems mandatory that companies have an AI strategy and an adoption plan. Some companies even claim that they are already AI-enabled, which not only impresses clients and business partners, and puts pressure on their competitors and peers.
Four times a year the Financial Services Commission of Ontario (FSCO), the provincial insurance regulator, releases the average change in auto insurance rates approved by FSCO over the previous three months.
Full coverage is an ambiguous term used by many when discussing automobile insurance. You will, however, not find the words “full coverage” in your auto policy wordings or documents. So, what does it mean? Read more
In Part 1, we looked at two couples who were both unlucky enough to experience water damage in their homes. One couple, Sam and Betty, had water entering their home from a hot tub that had its top blown off and contents spilled due to strong winds. The other couple, Joe and Mary, had rising river water come onto their property and enter the basement through a door at bottom of some stairs. Read more
During the summer we don’t often think about major insurance perils like flooding. Sure there are often storms that bring heavy rainfall, but for much of Canada flooding is often thought of as a spring issue. Read more
Our Ontario Insurer Q&A blog series aims to provide consumers with some important insights into how insurance works in this province, and should help to counter some of the myths and misconceptions floating around in the media these days. Read more
Telematics technology, also known as user-based insurance, allows an insurer to customize a driver’s insurance premium based on their pattern of driving. It works by monitoring a driver’s behaviours behind the wheel to provide an objective picture of how they drive. Read more