Canadian Underwriter

Topic Alberta

A giant fireball is seen as a wild fire rips through the forest 16 km south of Fort McMurray, Alberta on highway 63 on May 7, 2016. THE CANADIAN PRESS/Jonathan Hayward
News AlbertaCatastrophesClaimsInsurersPersonal AutoPersonal Home

What is the P&C insurance sector’s role in “building back better”?

March 13, 2023 by David Gambrill

If Canada’s property and casualty insurance industry wants Canadian homeowners to “build back better” after a natural catastrophe, it may have to revisit its foundational promise to restore a homeowner’s property to the condition it was in before the disaster.

Hailstones the size of golf balls on the ground after a severe storm
News AdjustersAlbertaBrokersClaimsClaims Canada ArchiveEnvironmentalManitobaMergers and AqcuisitionsSaskatchewan

Hub acquires two western Canadian hail insurance providers

March 13, 2023 by Jason Contant

Hub International Limited has acquired two western Canadian crop hail insurance companies within a two-week period. Hub announced on Mar. 4 it had acquired Leduc, Alta.-based AG Direct Hail Insurance Ltd. It acquired Regina-based Canadian Hail Agencies Inc. on Feb

Oilsands refineries near Athabasca River
News AlbertaClaimsCommercialEnvironmentalNWTProperty

N.W.T. says lack of notice on oilsands tailings spill goes against deal with Alberta

March 7, 2023 by Bob Weber - THE CANADIAN PRESS

Alberta didn’t live up to the terms of a deal it has with the Northwest Territories to inform it about threats to its shared watershed after two major oilsands tailings spills, the territory’s environment minister said Friday. Shane Thompson said

Oil pumpjack in Alberta
News AlbertaClaimsCommercialEnvironmentalInsurersLiability

Oil well cleanup program listed as ‘key objective’ in Alberta’s pre-election budget

March 1, 2023 by Bob Weber - THE CANADIAN PRESS

EDMONTON – Alberta Premier Danielle Smith’s last budget before an expected spring election gives strong support to a proposed tax break for energy companies to fulfill their legal cleanup duties but doesn’t tell voters how much would be spent on

Pump jack in Saskatchewan
News AlbertaClaimsCommercialEmerging RisksEnvironmentalLoss ControlLoss TrendsSaskatchewan

Alberta, Saskatchewan methane emissions almost 4 times more than reported: research  

February 21, 2023 by Jason Contant

New research using advanced technology suggests heavy oil facilities in Alberta and Saskatchewan are releasing almost four times the amount of a powerful greenhouse gas than they report to government.   The research, published in the journal Environmental Science and Technology,

Blocks with M&A written on them
News AlbertaBrokersInsurersMergers and AqcuisitionsNova Scotia

Stoneridge Insurance Brokers expands its Canadian footprint

February 17, 2023 by Alyssa DiSabatino

Stoneridge Insurance Brokers (SIB) has expanded its P&C business on both coasts, with its acquisition of Eisenhauer Insurance Inc. in the Maritimes and Asset Insurance Brokers in western Canada.   Plus, SIB’s CEO says the brokerage is in the process

Car thief breaking into a vehicle
News AlbertaPersonal AutoQuebec

Five charged after Edmonton police recover stolen vehicles bound for export

February 14, 2023 by The Canadian Press

EDMONTON – Police in Edmonton say five men face charges in an auto theft ring where high-end trucks and SUVs were allegedly stolen for export overseas. Investigators began looking into a series of 14 auto thefts in late November of

A crushed vehicle from a fallen tree following a tornado in Tweed, Ont. on July 25, 2022.
News AdjustersAlbertaCatastrophesClaimsClaims Canada ArchiveEnvironmentalManitobaNew BrunswickOntarioPersonal AutoPersonal HomePropertyQuebecSaskatchewan

Is Canada seeing more tornadoes every year?

February 14, 2023 by Jason Contant

Canada saw 117 recorded tornadoes across the country during the 2022 season, tying 2021 for the highest-ever single season on record, according to the Northern Tornadoes Project (NTP). As with 2021, 29 of the tornadoes reached up to EF2 on

File folders - insurance, fraud, and "under investigation"
News AlbertaClaimsInsurersLegalPersonal Auto

Insurers can deny entire claim for fraud, not just the fraudulent part, court affirms

February 13, 2023 by David Gambrill

If an auto insurance claimant fraudulently applies for accident benefits payments arising out of a crash, the insurer can deny the entire auto claim, not just the fraudulent part of the claim, the Alberta Court of Appeal has confirmed. In

Long-haul truck crossing grassy area
News AlbertaB.C.ClaimsCommercial AutoInsurersLiabilityManitobaSaskatchewanTechnology

How telematics may help Alberta truckers’ rates

February 9, 2023 by Philip Porado

With an eye toward improving driving habits, Facility Association (FA) announced the launch of a telematics program for truck drivers in Alberta, effective May 1, 2023. It said the program’s objective is to help drivers and operators correct poor driving

Alberta oilsands
News AlbertaEnvironmental

Alberta’s energy regulator orders company to fix months-old oilsands seepage

February 8, 2023 by The Canadian Press

Alberta’s energy regulator has given Imperial Oil until the end of the month to figure out a way to fix ongoing seepage at a tailings pond at its Kearl oilsands mine. The Alberta Energy Regulator says a pond on the

Business benefits professional signing a piece of paper on a clear desk
News AlbertaBrokersMergers and Aqcuisitions

BrokerLink’s first deal of 2023

February 7, 2023 by David Gambrill

Alberta-based Myrnam Insurance Ltd. is BrokerLink’s first acquisition of 2023. The deal expands BrokerLink’s presence in St. Paul, Alta., and surrounding areas. As a fourth-generation, family-owned business, Myrnam Insurance has been providing auto, property, business and farm insurance across Alberta