Insurance

Ontario Drivers Can Now Display Proof of Auto Insurance Electronically

Keeping its promise to put drivers first, the Government of Ontario has just allowed drivers to carry electronic proof of auto insurance on their mobile device, including their smartphones. "Our Government has committed to making life easier for Ontario people," said Finance Minister Rod Phillips. As part of the Putting Drivers First blueprint announced in the...

AIG Launches Canada’s First Travel Insurance on Demand App

Travel Guard Group Canada, an AIG company, has launched a new travel insurance app that allows customers to purchase coverage on demand straight from their smartphone. Canadian customers outside of Quebec can now optimize travel insurance in a cost-effective way through hourly coverage options. The app uses the smartphone's location data to determine when to...

Insurance Bureau of Canada Wants to Get Uber Drivers Covered

According to a new report from The Globe and Mail, the Insurance Bureau of Canada is pushing for provincial rule changes that would allow Uber and other ride-sharing service drivers to obtain a new type of insurance coverage. Steve Kee, a spokesman for the Insurance Bureau of Canada, said that they have sent a three-page...

Insurance Industry Warns That Uber Drivers Aren’t Properly Insured

According to one of the largest Toronto taxi insurers, a properly-insured Uber driver would be paying about $23,000 per year. Philomena Comerford, president of Baird MacGregor Insurance Brokers, said that Uber drivers are essentially providing an unregulated taxi service. She said that these services would be paying about eight times the amount they would be...