Canadian Underwriter

Evacuees to the Fort Nelson, B.C. wildfire gather at an arena in Fort St. John. News ClaimsClaims CanadaInsuranceMarkets / Coverages

Wildfire growth prompts another evacuation order in northeastern B.C.

May 14, 2024 by The Canadian Press

A wildfire just outside the community of Fort Nelson has grown as residents in British Columbia’s northeast receive more evacuation orders. An updated estimate from the BC Wildfire Service says the blaze spans 84 square kilometres, a significant increase since…

Close-up of yellow fire hydrant gushing water across a street with wet highway and tire from passing car behind News ClaimsCommercial LinesInsuranceLegalLegislation / Regulation

A policy or a technical standard? The industry’s Fire Underwriting Survey

May 14, 2024 by David Gambrill

To determine required water flow to fight fires on new developments, the 1999 Fire Underwriters Survey is more than just a technical standard, it’s the City of Calgary’s “policy,” the Court of Appeal of Alberta has ruled. And since Calgary…

Hacker's hands working with keyboard computer on dark blue tone background. News ClaimsClaims CanadaCommercial LinesInsuranceMarkets / CoveragesTechnology

B.C. confident that cybersecurity attacks on government were state-directed

May 13, 2024 by Dirk Meissner – The Canadian Press

A state or state-sponsored actor was likely responsible for a series of cybersecurity attacks targeting British Columbia government networks, Mike Farnworth, B.C.’s public safety minister and solicitor general, said Friday.  He said he personally did not know the identity of…

Empty auto parts warehouse shelves News BrokersClaimsInsurance

Two new things keeping auto clients in rental cars

May 13, 2024 by Philip Porado

Shortages of auto repair techs and specialized parts for newer cars are combining to drag out repair times for personal auto clients. That’s causing delays for insurers looking to close out auto accident claims, plus it’s keeping more drivers in…

Calculating auto insurance costs News ClaimsClaims CanadaEarnings / RatingsInsuranceMarkets / Coverages

Intact weighs in on Alberta auto reform

May 10, 2024 by Jason Contant

Canada’s largest insurer is calling the actuarial analysis contained in an Alberta government-commissioned report on auto reform “deeply flawed,” aligning the company with concerns raised by Insurance Bureau of Canada (IBC).  The Oliver Wyman actuarial report concluded a British Columbia…

Destroyed bicycle illustration. News ClaimsInsurance

What got a BC cyclist’s accident claim dismissed?

May 10, 2024 by Philip Porado

A cyclist who took action against an insurer, rather than the driver of the motor vehicle involved in an accident, recently saw his case dismissed. The small claims dispute before British Columbia’s Civil Resolution Tribunal (CRT) noted that on October…

Secure access to personal information of network users. News ClaimsClaims CanadaCommercial LinesInsuranceMarkets / CoveragesTechnology

B.C. government networks hit by ‘sophisticated cybersecurity incidents’: Premier

May 9, 2024 by Brieanna Charlebois – The Canadian Press

British Columbia Premier David Eby said late Wednesday that the province had identified “sophisticated cybersecurity incidents” involving government networks. A government source later said the incidents were related to a directive to all provincial employees early last week that they…

Forestry equipment is moved off a wildfire break in preparation for an airborne fire drop via helicopter. News CatastrophesClaimsClaims CanadaInsuranceRestorationRisk

How this year’s wildfire season is shaping up

May 9, 2024 by Jason Contant

Parts of Canada are seeing a significantly higher number of ‘holdover fires’ than the average amount, although the 2024 wildfire season as a whole will likely not result in as many hectares burned as last year, a fire research analyst…

Financial business statistics with bar graph and charts News ClaimsClaims CanadaCommercial LinesEarnings / RatingsInsuranceMarkets / CoveragesMergers and Aqcuisitions

How Intact and BrokerLink performed in 2024 Q1

May 8, 2024 by Jason Contant

Intact Financial Corporation (IFC) subsidiary BrokerLink “remains well on track to achieve its ambition of $5 billion in annual premiums by 2025,” IFC CEO Charles Brindamour said during the insurer’s 2024 Q1 earnings call Wednesday. In 2023, BrokerLink surpassed $3.5…

Collapse of a metal barn roof after a snowstorm News ClaimsInsuranceLegal

Reducing the risk of commercial roof collapse

May 7, 2024 by Yannick Roy and Wei Chiet Thong, J.S. Held

Reports of wood-framed roof collapses, ranging from simple agricultural roofs to complex roofs in industrial buildings, are frequent in North America. These collapses often are caused, or contributed to, by controllable factors like lack of maintenance, chemical attacks, moisture attacks,…

Two men sitting in office chairs outdoors with their backs against one another News AdjustersBrokersInsurance

How to manage team conflict

May 7, 2024 by David Gambrill

How many of us in the Canadian property and casualty insurance industry can relate to the iconic scene of the Toronto Maple Leafs’ star hockey players bickering with each other on the bench during the heat of the battle, en…

A fire burning across the lake in Osoyoos, B.C. News CatastrophesClaimsClaims CanadaInsuranceMarkets / Coverages

What will determine the severity of this year’s wildfire season?

May 6, 2024 by Jason Contant

Precipitation in June will likely determine the severity of this year’s wildfire season in western Canada, says Glenn McGillivray, managing director of the Institute for Catastrophic Loss Reduction (ICLR). Although it may seem like a quiet start to the year…


Podcasts
Events