Using drone technology to process high volumes of claims during catastrophe events is one of several ways the claims process may become automated in the future, RSA Canada reports. “Drone-type technology (satellite and remote camera technologies) will enable us to…

There were no working smoke alarms in a southern Ontario home where four people were killed in a fire this week, an investigator said Wednesday, calling the deaths a “preventable tragedy.” A mother and her two young children, and an…

Canadian insured losses from catastrophic events in 2017 totaled $1.33 billion, CatIQ Inc. reports, the fifth time that’s happened over the past seven years. “It’s becoming increasingly common to have Canadian annual insured losses to be greater than $1 billion,”…

Munich Re has confirmed what industry analysts have long speculated — the hurricane trio of Harvey, Irma and Maria made 2017 the year of the highest global insured losses ever. The final insurance bill for those three hurricanes and other…

HALIFAX – Work crews were fanning out across parts of Atlantic Canada on Friday after a fierce winter storm blasted the region with hurricane-force winds that flooded coastal roads, knocked out power and lashed waterfronts with surging seas. Tens of…

Canadian insurance claims professionals see social host liability issues at play when the federal government’s Cannabis Act comes into force. “If somebody goes to a home where cannabis is available because the homeowner is able to grow four plants, and…

SHERBROOKE, Que. – The lawyer for one of three men charged with criminal negligence in the Lac-Megantic rail disaster that killed 47 people began his closing arguments today. Gaetan Bourassa says the trial is for his client, Jean Demaitre, and…

After a year of massive North Atlantic hurricane losses, Canadian P&C insurers may have dodged a bullet with this year’s renewal season. Reinsurers licensed in Canada “were the main beneficiaries of the relatively quiet Canadian CAT year,” wrote Joel Baker,…

There is no denying that natural hazards such as B.C wildfires, multiple flooding events and the hurricanes thrashing our neighbours have been top of mind for the property and casualty insurance industry of late. Too often, these major incidents are…

Across all markets, including Canada, pricing levels are generally at historic lows, which in many cases are well below technical pricing recommendations. Globally, recent natural catastrophes have highlighted the increasing frequency and potential severity of major events, potentially leading to…

Distracted driving is getting worse, Canadians say, even as the laws are tightening and public education campaigns are in full gear. More than four out of five Canadians (83%) believe texting while driving is a bigger problem today than it…

In the spirit of the holiday season, insurance companies around the world are sharing their most—and least—common Christmas claims, in the hopes that people keep safe during the festive period. An obvious Yuletide tip would be to keep your lit…