TORONTO – It's the time of year when students return home from school to celebrate the holidays with their families and start the negotiations to borrow their parents' car.
Dec 6, 2013 8:06PM
Catastrophe insurance data firm PERILS has estimated that the property market loss from October’s Windstorm Christian in Western and Northern Europe will be 994 million euros. On Dec. 6, 1 euro was equal to $1.45.
Dec 6, 2013 3:28PM
Kiln Group and Tokio Marine Europe, both part of the Tokio Marine Group, have announced plans to form a combined operation, effective Jan. 1.
Dec 6, 2013 2:51PM
Insurance brokers in the United States will likely see a modest improvement in their revenue and earnings growth for 2014 over levels for the first nine months of this year, according to a new outlook report from Fitch Ratings.
Dec 6, 2013 2:10PM
A British Columbia recently ruled this week in favour of St. Paul Fire and Marine Insurance Company over a dispute on the scope of coverage of an "interruption by civil authority" clause in a commercial policy.
Dec 6, 2013 1:07PM
The Ontario government "needs to reassess its approach" to auto insurance because the mandated 15% reduction in premiums "will award the biggest cost savings to bad drivers, including impaired drivers," according to MADD Canada.
Dec 6, 2013 11:51AM
Winter Storm Xaver hit north of Scotland earlier this week, bringing strong wind gusts to parts of northern United Kingdom, and threatening to increase the risk of coastal flooding in the U.K., the Netherlands, northern Germany and Denmark, AIR...
Dec 6, 2013 10:36AM
NEW YORK - It's sometimes called highway hypnosis or white-line fever, and it's familiar to anyone who has driven long distances along a monotonous route.
Dec 5, 2013 2:46PM
Super Typhoon Haiyan was unsurprisingly the most significant severe weather event to hit during November, although the month was also marked by other storms in Asia and a rare weather outbreak in the United States, according to the latest...
Dec 5, 2013 1:13PM
The lack of a major U.S. Atlantic hurricane as of Nov. 30 will lead to a "low double-digit price drop" of related reinsurance in the January renewal, while pricing in some reinsurance lines covering Canadian catastrophes will likely rise,...
Dec 5, 2013 1:09PM