Topic
Claims
Rainfall inadequate to douse northern Quebec wildfires
June 14, 2023 The Canadian PressMONTREAL – Quebec officials say the rainfall over the past 24 hours in the northern part of the province was inadequate to douse the wildfires. The province’s forest fire prevention agency – SOPFEU – says a wildfire near Lebel-sur-Quevillon, Que.,…
How Pride Toronto got swept up in entertainment line’s hard market
June 13, 2023 by Alyssa DiSabatinoPride Toronto’s executive director says the organization has seen a 300% increase in its insurance premiums ahead of this month’s parade and festival programming. This trend of higher premiums for public events is not unique to Pride Toronto; organizers of large…
Canada is experiencing its ‘worst wildfire season of the 21st century’: Blair
June 13, 2023 The Canadian PressCanada is experiencing its worst wildfire season of the 21st century. Emergency Preparedness Minister Bill Blair announced the grim milestone Monday, saying more than 47,000 square kilometres have burned so far this year, with 431 wildfires currently burning across Canada. …
Here’s what adjuster capacity is like for Canada’s wildfires
June 12, 2023 by Alyssa DiSabatinoFirefighters and other first responders have been stretched thin while battling an unprecedented wildfire season in Canada, and such may be the case for claims adjuster capacity as well. Across the industry, it’s a mixed bag of how quickly adjusters…
Nova Scotia identifies thousands of stolen records in global security breach
June 12, 2023 Keith Doucette - THE CANADIAN PRESSHALIFAX – Officials in Nova Scotia have identified thousands of files stolen in a global data breach affecting the personal information of at least 100,000 people in the province. Cybersecurity and Digital Solutions Minister Colton LeBlanc said Friday that a…
Insurer loses $255,000 subrogation claim over modified excavator
June 9, 2023 by David GambrillAIG Insurance Company lost a $255,275 subrogation claim Tuesday on behalf of its insured, a forest management and logging company, because the insured could not prove a fire to an excavator it bought from Volvo didn’t start because of an…
Feds looking to create national emergency response agency
June 9, 2023 Sarah Ritchie - THE CANADIAN PRESSOTTAWA – The federal government is looking at creating some kind of national disaster response agency in the face of an unusually intense and destructive start to the wildfire season across the country. At the moment, federal departments including Emergency…
Auto insurers pay out record amount for auto theft
June 8, 2023 by David GambrillSupply chain issues are creating a hot domestic market for stolen vehicles, which in 2022 cost Canadian property and casualty auto insurers more than an estimated $1 billion — the most the industry has ever paid for auto theft in…
More evacuations in Quebec as record breaking fires continue to burn
June 8, 2023 Sidhartha Banerjee and Jacob SerebrinMONTREAL — Quebec’s wildfire season, which has forced thousands from their homes and left other communities on high alert, is the worst on record, officials said Wednesday. Premier Francois Legault told reporters in Quebec City that the areas in the…
Will this be the worst wildfire season Canada has ever seen?
June 6, 2023 Mia Rabson - THE CANADIAN PRESSOTTAWA – This is on track to be the worst fire season Canada has ever seen and the risk of wildfires will remain well above average in most of the country throughout the summer, the federal government warned Monday. At…
Are you covered for driving through flood water?
June 5, 2023 by Jason ContantBritish Columbia’s Civil Resolution Tribunal (CRT) has ruled in favour of the province’s public auto insurer after finding it properly classified a water-damaged vehicle under collision coverage. At issue was whether Insurance Corporation of British Columbia (ICBC) correctly determined water…
How a shared-risk approach to tech can keep mutual insurers competitive
June 5, 2023 Matthew ScottCanada’s mutual insurance industry has been around for as long as the country itself and has innovated over that time. Now it’s driving digital transformation to enable new capabilities, improve service and keep pace with market competition. These changes come…