Insurable Interest Canadian Insurance Blog

Thornhill, ON (Sept. 1, 2025) – New findings from CAA South Central Ontario (CAA SCO) show that parents believe that school zone congestion is increasing. Eight in 10 Ontario parents report traffic buildup during both drop-off (81 per cent) and pick-up (84 per cent) times. These numbers are up from 77 per cent and 79 per cent in 2024, respectively. “Every parent wants to see their child get to school safely, and an increase in vehicle traffic in these areas can pose a serious safety risk to young road users,” says Lauren Fisher, manager, government relations for CAA SCO. “Our survey reveals that parents are choosing to drive their kids to school because of the distance between home and school, convenience and traffic safety concerns.” Parents Support Stricter School Zone Safety Measures A majority of parents (83 per cent) have reported seeing unsafe driving behaviours in their child’s school zone – up three per cent from 2024. As a result, most parents (63 per cent) consider their child’s school zone very unsafe, a number that has climbed since 2023 (55 per cent). “Speeding, stopping in undesignated areas and double parking are all commonly reported unsafe driving behaviours parents see in...

Memphis, TN (Sept. 11, 2025) – Sedgwick, the world’s leading risk and claims administration partner, is accelerating its North American strategy with the expansion of delegated authority services in Canada. Sedgwick’s North American strategy builds on the success of the company’s work with Lloyd’s of London-backed MGAs, cover holders, and syndicates as an approved delegated claims administrator. Sedgwick has responded to hundreds of thousands of Lloyd’s related losses, leveraging experts in claims management, general adjusting, surveying, forensic accounting, environmental and fire investigations, and major and complex losses. “The significant success of Sedgwick’s TPA work with Lloyd’s has driven cross border partnerships and global opportunities, and we’re pleased to bring these additional capabilities in Canada,” said Michael J. Alwyn, President of Sedgwick in Canada. “Clients in Canada, and globally, will be able to utilize local, national, and global expertise, and see the true impact of Sedgwick’s North American strategy.” “Sedgwick has proven itself in its work with Lloyd’s of London and its ability to deliver industry-leading service across work streams,” said Paul Burns, Vice President, Sedgwick Delegated Authority, Canada. “This expertise is now available across North America, and clients will see that expectations are exceeded for the portfolio’s financial performance and...

Regina, SK (Sept. 4, 2025) – Western Surety Company is pleased to announce the acquisition of SGI Canada’s surety portfolio effective October 1, 2025. The acquisition aligns with Western Surety Company’s monoline surety focus, and solidifies its position as a top surety writer in Canada. “This is an exciting day for Western Surety Company”, said President & CEO Greg Salmon. “With our dedicated surety expertise and industry leading service, we look forward to working with our existing brokers as well as several new brokers to effectively manage their surety needs.” Over the coming days, our current brokers, as well as the many new brokers we will be welcoming to WSC, will receive further details and communication on what they can expect and how to be prepared for the October 1st transition. “WSC has invested significant resources over the past several years in improving and optimizing the bond issuance and account management processes which we are confident will lead to a seamless transition.” Founded in 1909, Western Surety Company is the only insurance company in Canada which exclusively writes surety bonds for the construction industry, as well as a complete line of commercial surety bonds. Canadian family owned, Western Surety Company...