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Definity launches usage-based insurance offering

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By Kate McCaffery | Sept. 7, 2023, 3:52 p.m.

Photo: Adobe Stock

Adjusts premium prices quarterly, based on recent driving scores.

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Headlines

The Pharmacare Act comes into force

Increasing diversity in Canada requires a growing awareness among advisors

Life expectancy has increased in Quebec since 2000

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Flash

The Pharmacare Act comes into force

Life expectancy has increased in Quebec since 2000

The impact of natural disasters will continue to put pressure on insurers

Sanctioned Canadians now allowed to discharge some penalties through bankruptcy

P&C Insurance

Population at risk of flooding increases faster than total population gains

Alberta rate cap could have could have negative consequences for good drivers

Auto theft figures dip but remain well above historical levels

Lessons learned from the Crowdstrike outage

Automobile insurance

Mutual recognition pilot project for trucking sector could boost economy

Volume of insurance claims threaten auto insurance availability in Alberta

Ontario proposes accreditation for insurers that demonstrate sound practices

Ontario proposes additional Insurance Act amendments

DEFINITY FINANCIAL CORPORATION

A strong first half for four Canadian property and casualty insurers

Jasper wildfire drives insured losses even higher

Definity reports 32% increase in second quarter net income

Insurers defend their climate transition plans

MUNICH RE

Climatic events weighed on insurers’ results in 2023

Catastrophes in Europe cause series of billion-euro market losses

Advisor support: The key to critical illness sales

Cancer drives surge in claims

Distribution

Increasing diversity in Canada requires a growing awareness among advisors

Disability insurance: 17 products examined by InsuranceINTEL

Gig workers largely underinsured

Life insurance application activity rises in Canada

Strategy

Set high and clear expectations with clients

CEOs say environmental, social and governance issues are their top priority

Individual advice rules are hampering household planning

Many companies unaware of legislated cyber obligations