FREE Membership Sign in

MENU

As autonomous vehicles gain momentum, insurers face new challenges

By Alain Castonguay | Oct. 20, 2021, 9 a.m.

P&C Insurance | Automobile insurance | TRAVELERS | CANADIAN AUTOMOBILE ASSOCIATION (CAA) | TESLA | Technology | Indemnisation | Damages | Claims | COVID19

Photo: Tesla.com

Travelers says insurers will need to maintain their risk-sharing system in auto insurance.

This article is reserved to PRO Level subscribers

Discover the PRO Level

Advertisement

The most popular in P&C

Best net underwriting performance in five years drives property and casualty results

Echelon and Orion seek permission to merge

False continuing education declaration costs agent $1,500

Headlines

Fund salesperson banned for outside activities

Rogers Insurance and CapriCMW merge operations

Insurers: beware of fraudulent solicitation!

Advertisement

Related topics …

P&C Insurance

Misunderstanding errors and omissions requirement ends in $1,000 fine for agent

Agent fined $5,000 for issuing false pink cards for his own insurance policy

Luxury vehicles: Insured may be paying the price for a lackadaisical approach

Home and auto insurtech expands into Ontario

Automobile insurance

Porsche rolls out insurance offer in Canada

Intact’s net income down 13 per cent

The Co-operators’ net income falls 33.2 per cent

Aviva Canada: Operating income soars by 41.5 per cent in 2021

TRAVELERS

New P&C insurer enters Canadian market

Don Forgeron announces retirement

One in five admit to crash, or near miss due to distracted driving

Balancing artificial intelligence and human roles in insurance

CANADIAN AUTOMOBILE ASSOCIATION (CAA)

Echelon and Orion seek permission to merge

Publicly traded insurer changes name

CAA Insurance provides further relief for Ontario drivers

CAA begins offering life insurance advice services in Ontario

TESLA

BigTechs and Tesla four times bigger than the 30 largest insurers in the world

First Canadian Depositary Receipts launched

Young Investors Challenge off and running

General Motors makes inroads into the insurance business

Technology

Voluntary group critical illness insurance makes a breakthrough

Investors overestimate their knowledge

Asset managers of the near future need to contemplate change

Regulators expects crypto trading platforms to provide pre-registration details

Indemnisation

Canadian insurers paid out $113 billion in benefits last year

Insurers sticklers for snowbirds' health stability

Flood insurance: A roadmap for the national program

Natural disasters caused billions of dollars of damage in first half of 2022

Damages

Towing regulations in Ontario a serious concern

Cleanup has begun in Lytton, reconstruction to follow

Regulators publish enforcement report

Flood damage in BC and derecho damages in Ontario and Quebec quantified

Claims

Lessons from four property and casualty insurer failures

Storm prompts Ontario regulator to let insurers use out of province adjusters

$206 million in compensation for doctor errors in 2020

Co-operators: Income tops $500 million in 2021

COVID19

Inflation continues to fuel travel insurance concerns

Business owner clients hurt by inflation and interest rate hikes

Small businesses continue to suffer

Property and casualty industry in a state of flux