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Heavy rainfall prompting flooding
News ClaimsClaims CanadaInsuranceMarkets / Coverages

Heavy rain causes flooding, damage in Newfoundland

April 9, 2024 Sanuda Ranawake, Local Journalism Initiative Reporter, The Telegram – The Canadian Press

Heavy rain over the weekend brought a mix of localized flooding, washouts, and slides to much of the west coast of Newfoundland. In Lark Harbour, there were no washouts, but damage to houses, trails, and some roadways. For some residents

Harvested wheat field in Saskatchewan
News CatastrophesClaimsClaims CanadaClimate ChangeInsuranceMarkets / Coverages

Why climate change on the farm equates to a big bill

April 8, 2024 Amanda Stephenson – The Canadian Press

To get an idea of the financial toll extreme weather is taking on this country’s agriculture industry, look no further than the government of Saskatchewan’s books.  The prairie province had forecast a more than $1 billion surplus for the fiscal

The McDougall Creek wildfire in West Kelowna, BC.
News CatastrophesClaimsClaims CanadaClimate ChangeInsuranceRisk

B.C. to get wildfire training and education centre in response to expert task force

April 5, 2024 The Canadian Press

British Columbia’s premier says a training and education centre for wildfire fighters will be established in response to recommendations by a task force that looked into last year’s catastrophic wildfires. David Eby says the centre at Thompson Rivers University in

Calculating the cost of auto insurance
News BrokersClaimsClaims CanadaInsuranceMarkets / Coverages

Are optional auto benefits a good choice for your clients?

April 5, 2024 by Jason Contant

Ontario’s recent 2024 budget proposes expanded choice for auto insurance consumers by offering more optional accident benefit coverages, but that may wind up being a zero-sum game that sends clients down a slippery slope, suggests Adam Mitchell, CEO of Ontario

Twenty centimetres of snow in Montreal
News ClaimsClaims CanadaInsurance

Spring storm knocks out power to tens of thousands across Quebec, Ontario

April 4, 2024 The Canadian Press

A spring storm across Quebec and Ontario on Thursday knocked out power to tens of thousands of customers, closed schools and blanketed the Montreal area with heavy, wet snow. In Quebec, more than 220,000 homes and businesses had no electricity

Water-damaged home being dried out
News AdjustersCatastrophesClaimsClaims CanadaInsuranceRestoration

What’s new in restoration and adjuster national licensing?

April 4, 2024 by Jason Contant

The trend of insurers owning restoration firms and third-party vendors may not continue, particularly since controlling costs remains a priority for carriers, sources tell Canadian Underwriter.  It also looks like a national adjusting licensing standard or cross-provincial licensing will not

Toronto Police talking about vehicle theft investigation, Project Paranoid
News ClaimsClaims CanadaInsuranceMarkets / CoveragesRisk

Toronto police recover stolen vehicles amid ongoing rise in auto theft

March 28, 2024 Maan Alhmidi – The Canadian Press

Toronto police announced the recovery of 48 stolen vehicles and the arrests of seven people Wednesday as they detailed their latest attempt to crack down on the growing issue of auto theft in the region. Investigators said information gathered during

The collapse of the Francis Scott Key Bridge in Baltimore on March 27, 2024
News ClaimsClaims CanadaEngineeringInsuranceMarkets / Coverages

Canadian bridges are safe, officials say, after U.S. bridge rammed by ship collapses 

March 27, 2024 Jacob Serebrin – The Canadian Press

Canadian authorities tried to reassure the public about the safety of bridges in the country following the collapse of a bridge in Baltimore, Md., early Tuesday morning after it was rammed by a container ship.  Halifax Harbour Bridges, which operates

Car keys laying on top of an auto insurance policy
News ClaimsClaims CanadaInsuranceLegalMarkets / Coverages

What the P&C industry thinks of Ontario’s 2024 budget

March 27, 2024 by Jason Contant

Proposed reforms to Ontario auto insurance will make life simpler for accident victims but could increase premiums and costs for insurers, says David Marshall, who’s served as senior advisor to the provincial government on auto insurance and pension funds.  In

Total solar eclipse on Aug. 21, 2017
News ClaimsClaims CanadaInsurance

How the total solar eclipse could affect auto claims

March 26, 2024 by Jason Contant

With a total solar eclipse set to pass over parts of Canada in less than two weeks, researchers at Toronto’s Sunnybrook Research Institute are warning about a possible surge in traffic fatalities. The rare celestial event will unfold over Canada,

Cybersecurity concept
News ClaimsClaims CanadaCommercial LinesInsuranceMarkets / CoveragesTechnology

Giant Tiger customer data compromised in incident with third-party vendor

March 26, 2024 Tara Deschamps – The Canadian Press

Giant Tiger Stores Ltd. says contact information for some of its customers was compromised in an “incident” linked to a third-party vendor it uses. Alison Scarlett, a spokesperson for the Ottawa-based discount retailer, would not name the vendor on Monday

Person reporting a stolen vehicle
News ClaimsClaims CanadaInsuranceMarkets / Coverages

Insurer’s Top 5 insurance fraud claims of 2023

March 25, 2024 by Jason Contant

An intoxicated driver who reported her car stolen to avoid the consequences of impaired driving and fake invoices for high-end jewellery reportedly stolen from a vehicle were among Saskatchewan Government Insurance’s (SGI) Top 5 insurance fraud claims of 2023.  The