Topic
Claims Canada
Climate change battering municipal finances across Canada
December 11, 2023 Thomas MacDonald - THE CANADIAN PRESSMONTREAL – The hamlet of Gore, Que., had the foresight to start preparing for more intense annual flooding due to climate change a decade ago. That’s when the rural township 60 kilometres northwest of Montreal began quadrupling the size of…
Nova Scotia privacy commissioner to investigate file-sharing cyber breach
December 8, 2023 The Canadian PressHALIFAX – Nova Scotia’s information and privacy commissioner has launched an investigation into the theft of personal information from a file-transfer system used by the provincial government. In June, the government confirmed a cybersecurity breach involving a third-party system known…
Why it’s important to understand legal privilege after a breach
December 7, 2023 by Jason ContantA recent court ruling in Australia concerning the primary purpose of a forensics report following a cyberattack serves as a crucial reminder about legal privilege for Canada’s cyber insurance market. In a Nov. 10 decision, the Federal Court of Australia…
B.C. wrings out after atmospheric river brings torrential rain and wind
December 6, 2023 The Canadian PressVANCOUVER – Residents in coastal and southern British Columbia are mopping up after an atmospheric river brought torrential rain and wind, while disrupting travel and utility services. The B.C. River Forecast Centre says Metro Vancouver, the south coast and Lower…
1,000 homes evacuated in Quebec’s Laurentians region over fears dike could burst
December 4, 2023 The Canadian PressMONTREAL – Residents of two municipalities in Quebec’s Laurentians region have been ordered to leave their homes because of the risk a nearby dike could burst. The evacuation order was issued Sunday night for about 1,000 homes near the Kiamika…
How this year’s hurricane season ranks
December 1, 2023 by Jason ContantThe 2023 Atlantic hurricane season has officially come to an end, ranking fourth for the most named storms in a year since 1950. The above-normal season, which officially ended Nov. 30, saw 20 named storms, including seven hurricanes and three…
Police, insurers collaborate to dismantle auto theft ring
November 30, 2023 by Jason ContantOntario’s Peel Regional Police (PRP) in collaboration with Équité Association have prevented more than $350,000 of insurance fraud by disrupting and dismantling an auto theft ring, the southern Ontario police force reported Wednesday. As part of the investigation dubbed Project…
Government impersonation, phishing are top financial scams, Interac survey finds
November 30, 2023 Ritika Dubey - THE CANADIAN PRESSTORONTO – Government impersonation is one of the most common financial scams plaguing people across Canada, a new survey from payment processing company Interac Corp. has found. The report, released Tuesday, said 42 per cent of survey respondents reported dealing…
Why you need to consider embedded insurance
November 23, 2023 by Jason ContantEmbedded insurance not only enhances the customer experience but also provides greater access to data for insurers, speakers said during KPMG’s recent 2023 Insurance Conference in Toronto. “You unlock a lot of data that will change the way you do…
After July floods took four lives, Nova Scotia plans flood plain mapping by 2026
November 17, 2023 Michael Tutton - THE CANADIAN PRESSHALIFAX – A plan is now in place to create the kind of detailed flood plain maps that some of Nova Scotia’s emergency managers have said they lacked when torrential flooding occurred in July. Byron Rafuse, deputy minister of the…
How the M&A environment will affect carriers’ business models
November 17, 2023 by Jason ContantCanadian P&C insurance industry carriers and service providers will need to transform their business models to help control claims and operating costs in an M&A environment featuring competing demands for capital, speakers said Thursday at KPMG’s 2023 Insurance Conference in…
Quebec to improve forest fire adaptation after record-breaking wildfire season
November 15, 2023 The Canadian PressQuebec’s forest fire prevention agency says the area burned by wildfires this year was greater than the previous 20 years combined. SOPFEU director general Eric Rousseau told reporters today that some 4.5 million hectares of land burned during this year’s…