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Feature Stories and Daily News from Canadian Underwriter

Premier urges New Brunswick town not to let guard down after water levels recede

SUSSEX, N.B. – Water levels in many parts of New Brunswick receded Thursday but Premier David Alward and Emergency Measures officials urged residents not to let their guard down because of a potential for more dangerous flooding.
Apr 17, 2014


Saskatchewan authorities issue more than 700 tickets for seatbelt violations in a month

Saskatchewan authorities ticketed just over 700 motorists last month during March’s traffic safety focus on seatbelt and car seat use in the province.
Apr 17, 2014


PCS reports no weather catastrophes in Canada in Q1, while polar vortex caused $1.5 billion insured losses in U.S.

2014 is the third year in a row in which Property Claims Services (PCS) has not declared any weather catastrophes in Canada for the first quarter, while six catastrophe events in the United States resulted in US$2.2 billion in insured losses...
Apr 17, 2014


Half of Quebec home insurance policyholders think they're covered for overflowing body of water: survey

One in two Quebeckers surveyed erroneously believe their home insurance policy covers them against damage from an overflowing body of water while 65% of respondents did not believe their homes were at risk from sewer backup, earthquake, wind or...
Apr 17, 2014


Mutuals face increasing pricing pressure, must differentiate themselves: Willis

Mutual insurers looking to remain competitive in the wake of enormous pricing pressure must differentiate themselves, David Thomas, CEO of market services and solutions for Willis, recommends in a new video blog.
Apr 17, 2014


Parts of Eastern Canada cope as water levels rise, flooding homes and roads

Rain, melting snow and ice jams forced waters in parts of Eastern Canada to rise Wednesday, submerging roads, filling basements and prompting hundreds to be evacuated from their homes as officials told people to prepare in case they had to seek...
Apr 17, 2014


'Actuary' ranked high on list of best jobs, with underwriting further down

“Actuary” has been listed among the top five best jobs in a ranked list from U.S. job search website CareerCast, although other insurance industry positions weren’t as close to the top of the list.
Apr 16, 2014


Ontario auto insurance approved rates decline in first quarter

Approved rates for private passenger auto insurance declined on average by 5.01% during the first quarter of the year, the Financial Services Commission of Ontario has reported.
Apr 16, 2014


High river levels force evacuations in several Quebec communities

SHERBROOKE, Que. - Hundreds of people have been forced from their homes in Sherbrooke, Que., as the Saint-Francois River continues to swell.
Apr 16, 2014


Ontario flood warnings continue, Napanee River approaches highest level in 38 years

Several flood warnings were issued Tuesday in Ontario, with one conservation authority warning that water levels on a lake in the Municipality of Tweed is "approaching historic flood levels" and another warning that the lakes on the Rideau...
Apr 16, 2014


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