Canadian Underwriter

Topic Alberta

A barren farm field
News AlbertaCatastrophesEnvironmentalManitobaSaskatchewan

The window of opportunity to address increasing drought and expanding drylands is vanishing

May 10, 2022 by The Canadian Press

By Margot Hurlbert, Canada Research Chair, Climate Change, Energy and Sustainability, University of Regina – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information

Police yellow line, blurred lights and traffic accident in background
News AdjustersAlbertaBrokersClaimsClaims Canada ArchiveClaims ProfessionalsInsurersLegalPersonal Auto

Insurance investigators: Be on guard when sharing info with police

May 5, 2022 by David Gambrill

Insurance investigators need to be on their guard about sharing information with police, lest they breach their duty of good faith to their insureds, note lawyers for Borden Ladner Gervais, referencing a 2021 Alberta Court of Queen’s Bench decision. The

A woman stands in the backyard of her flooded home in Calgary in 2013
News AlbertaCatastrophesConstructionEnvironmentalPersonal Home

Construction to begin on flood mitigation project west of Calgary

May 5, 2022 by The Canadian Press

CALGARY – Nine years after a catastrophic flood caused billions of dollars in damage to parts of Calgary and surrounding communities, work is to begin on a dam to protect the area from rising water in the future. Premier Jason

Alberta oil sands facility.
News AlbertaB.C.CatastrophesCommercialEnvironmentalInsurersLegalLicensing

Insurance Act changes may help Alberta as insurers retreat from oil and gas

May 4, 2022 by Philip Porado

Major insurers continue to announce they’ll cease issuing coverage to the oil and gas industry, which remains economically critical to Alberta and other Canadian provinces – and is poised to experience a demand boost as Europe seeks alternatives to Russian

Driver handing over a license.
News AlbertaB.C.BrokersClaimsCommercialCommercial AutoConstructionCyberInsurersLegalLiabilityLicensingManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

Beware the tax implications of unlicensed insurance

May 3, 2022 by Jason Contant

If you’re looking to place a risk through an insurer that’s not licensed to write business in Canada, it’s important to understand the requirements around filing federal and provincial taxes, as well as special broker licenses. Although direct placement with

Scales of justice with clock in the background
News AlbertaClaimsInsurersLegalPersonal Home

Be clearer with limitation periods, appeal court tells insurers

May 2, 2022 by Jason Contant

Insurers should consider telling policyholders the specific dates when applicable limitation periods expire, and suggest that policyholders seek and retain counsel, legal experts recommend after an Appeal Court decision in Alberta. In Statt v SGI Insurance Services Ltd, a letter

Medical mask on a car mirror
News AlbertaInsurersNew BrunswickNova ScotiaOntarioPersonal AutoQuebecTechnology

By how much UBI use increased during the pandemic

April 20, 2022 by Jason Contant

Canadian drivers appear to be gravitating toward usage-based insurance (UBI) as the COVID-19 pandemic stretches past its second year. Since 2019, there has been a 40% increase in the number of drivers opting into UBI when filing out a car

a silver cars front bumper has collided with a darker cars back bumper. Both cars have damage.
News AlbertaBrokersClaimsInsurersPersonal Auto

Auto insurance caught in a political cross-fire

April 20, 2022 by Alyssa DiSabatino

Alberta’s insurance industry saw a claims ratio of 77% for auto in 2020. While this is an improvement from 2016’s claims ratio of 87%, it still poses challenges for the industry, one industry rep notes.   Despite signs the province’s

Auto accident damage at intersection.
News AlbertaB.C.BrokersClaimsCommercial AutoInsurersLegalLiabilityLicensingLoss ControlLoss TrendsManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.Personal AutoPropertyQuebecSaskatchewanYukon

A car crashes in Ontario: Why Canadian auto insurers pay attention

April 13, 2022 by Daniel Strigberger

People love to visit Ontario. Unfortunately, some of them get into car accidents. Why should a visitor’s auto insurer care about accidents in Ontario? Because when a non-resident is involved in an auto accident in the province, their insurers will

Driver driving a car on asphalt road in summer day at park. Woman at steering wheel with smartphone in her hand.
News AlbertaClaimsCommercial AutoInsurersPersonal AutoQuebec

More than eight in 10 Canadians admit they drive distracted

April 11, 2022 by Alyssa DiSabatino

Eighty-three per cent of Canadian drivers engage in at least one distracted driving behaviour, and this has only increased in the past year, finds a recent survey. But distracted driving doesn’t come without its costs.   Non-digital distractions lead the

Mergers and acquisitions concept
News AlbertaBrokersCommercialManagementManitobaMergers and AqcuisitionsSaskatchewan

Four Canadian brokerages swept up in latest M&A deals

April 11, 2022 by Jason Contant

Western Canada is the target for the latest rounds of acquisitions from large Canadian P&C brokerages. Intact Financial Corporation subsidiary BrokerLink and Westland Insurance Group announced recent acquisitions in northern and southern Alberta, Saskatchewan, and Manitoba. Westland Insurance Group also

A decommissioned pumpjack in Alberta
News AlbertaEnvironmentalLiability

Alberta Appeal Court keeps $217 million oilpatch cleanup liability case alive

March 29, 2022 by Bob Weber - THE CANADIAN PRESS

A bankruptcy hearing that could determine whether more than $200 million in oilpatch environmental liabilities wind up on the public dime will have to go back to court. The Alberta Court of Appeal ruled Friday that the long-running bankruptcy of