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Repairs being made to the Sumas River dike following flooding in November 2021
News CatastrophesClaimsClaims CanadaInsuranceMarkets / Coverages

Province aware of dike problems before destructive flooding in 2021, documents show

September 13, 2023 Brenna Owen - THE CANADIAN PRESS

Officials with the British Columbia government and the City of Merritt were aware of significant problems with dikes for several years before a series of atmospheric rivers flooded the community, documents released through a freedom of information request show. The

Occupational therapist checks arm alignment on a female patient
News ClaimsClaims CanadaInsuranceMarkets / Coverages

Regulator suspends, revokes licences of 170 health service providers

September 12, 2023 by Jason Contant

Ontario’s financial services regulator has suspended or revoked the licences of 170 health service providers (HSPs) who failed to comply with their annual business reporting obligations. A total of 118 HSP licences were revoked and 52 were suspended, the Financial

Forest fire at night in the Okanagan
News ClaimsClaims CanadaInsuranceMarkets / Coverages

B.C. wildfires continue to burn through September

September 12, 2023 The Canadian Press

VANCOUVER – The latest evacuation order issued due to a wildfire in British Columbia covers a rural area north of Prince George in a region straddling the boundaries of two regional governments. The regional districts of Fraser-Fort George and Bulkley-Nechako

Satellite image of Hurricane Lee
News CatastrophesClaimsClaims CanadaClimate ChangeInsurance

What to expect if Lee makes landfall in the Maritimes

September 12, 2023 by David Gambrill

It’s increasingly likely Hurricane Lee will make landfall in Atlantic Canada this weekend as either a strong tropical storm or a weak Category 1 hurricane. The Canadian Hurricane Centre and AccuWeather report they are increasingly confident Hurricane Lee will hit

Working on servicing a car in vehicle auto service or repair workshop
News AdjustersClaimsClaims CanadaInsuranceMarkets / Coverages

What insurers pay to repair EVs

September 11, 2023 by David Gambrill

Although electric vehicles in Canada cost an average of $1,328 more to repair than vehicles with internal combustion engines (ICE), EVs are less likely to be written off as a total loss, says a Mitchell report. The cost of the

A gas station destroyed by the Bush Creek East wildfire in Squilax, B.C.
News ClaimsClaims CanadaClimate ChangeInsuranceMarkets / Coverages

B.C. sets up climate emergency task force amid wildfire crisis

September 11, 2023 The Canadian Press

VANCOUVER – British Columbia Premier David Eby says he’s launching an expert task force into wildfires, drought and heat emergencies that have hammered the province. Eby, who’s in the B.C. Interior touring wildfire zones, says the province is still focused

Flooding in Nova Scotia in July 2023
News CatastrophesClaimsClaims CanadaConstructionInsuranceMarkets / Coverages

Government won’t commit to buying out homes ravaged by recent N.S. flooding

September 8, 2023 The Canadian Press

HALIFAX – Nova Scotia’s housing minister says any request for the province to buy homes damaged in a Halifax suburb in flooding last July would have to come from the municipality. John Lohr says while he’s not prepared to say

The McDougall Creek wildfire in West Kelowna, BC.
News AdjustersClaimsClaims CanadaInsuranceMarkets / CoveragesRestorationRisk

Feds predict parts of Canada could see wildfires through winter

September 7, 2023 The Canadian Press

OTTAWA – The latest federal government forecast says Canada’s already unprecedented 2023 wildfire season could continue late into the fall or winter.   Energy and Natural Resources Minister Jonathan Wilkinson says there is potential for increased wildland fire activity from eastern

Hurricane Fiona Cloud Map Nova Scotia 3D Render Color
News CatastrophesClaimsClaims CanadaClimate ChangeInsuranceReinsuranceRisk

Hurricane Lee: Why the Canadian P&C industry is watching

September 7, 2023 by David Gambrill

Hurricane Lee is strengthening into a powerhouse Category 5 storm, and some preliminary scenarios suggest it could hit Atlantic Canada as a tropical storm sometime next week, AccuWeather is forecasting. “Lee poses a risk to people from the northern Caribbean

A volunteer directing traffic in Yellowknife
News AdjustersCatastrophesClaimsClaims CanadaCommercial LinesInsuranceMarkets / Coverages

Adjusters provide update on B.C., N.W.T. wildfires

September 6, 2023 by Jason Contant

Wildfires in British Columbia and Northwest Territories continue to present a mixed bag of claims for P&C adjusters. Claims adjusters are seeing a variety of both residential and commercial losses. “Major loss, total losses and less severe claims as well,”

Vehicles being evacuated following N.W.T. wildfires
News ClaimsClaims CanadaInsuranceRisk

Fire activity expected to kick up in N.W.T., Mounties warn against re-entering

September 1, 2023 The Canadian Press

YELLOWKNIFE – Fire activity along a key Northwest Territories highway is expected to kick up in the coming days, while Mounties say they’ll stop a potentially large group from trying to re-enter when an evacuation order is still in effect.

Ransomware attack on a business computer
News ClaimsClaims CanadaCommercial LinesInsuranceMarkets / CoveragesRestorationTechnology

Why ransomware is still a threat to your cyber clients

August 31, 2023 by Jason Contant

Ransomware is “almost certainly the most disruptive form of cybercrime facing Canada” because it’s pervasive and can have a serious impact on an organization’s ability to function, said a new report from the Canadian Centre for Cyber Security. However, it’s