Topic Alberta
Brokerage looking to expand outside home province
February 9, 2024 by Jason ContantBritish Columbia-based brokerage AMC Insurance Services Ltd. is looking to expand outside its home province, the brokerage’s vice president told Canadian Underwriter recently. “We realized in our core business strategy that if we want to continue to be a provider…
What types of injuries happen when e-scooters collide with cars?
February 6, 2024 by Philip PoradoAs you might expect, roadways and especially intersections are the most common places for accidents involving e-scooters that lead to claims and lawsuits. “It’s difficult when a motor vehicle [is] following the rules of the road and, all of a…
Alberta latest rate cap is underway: but what’s next for reform?
February 2, 2024 by Alyssa DiSabatinoAs Canada’s auto insurers await direction from the Alberta government on the province’s long-term reform solutions for auto insurance, industry advocates have suggested short-term options to the auto product. The Alberta government announced last fall it would be retaining the auto…
McDougall’s growth in Alberta proceeds apace
February 1, 2024 by David GambrillMcDougall Insurance Brokers Ltd. announced Thursday it has merged with MHK Insurance Inc., a 110-year-old independent brokerage based in Alberta. MHK is a full-service brokerage offering home, auto, and commercial insurance products and services, specializing in more than 12 business…
Alberta fire chiefs want provincial wildfire plan released before season begins
February 1, 2024 by The Canadian PressEDMONTON – Alberta’s fire chiefs are “urgently” asking the provincial government to explain how it’s getting ready for the upcoming wildfire season and to release its preparedness strategy. “There is a growing concern among fire chiefs across the province of…
How one brokerage is making good risks out of its urban taxi clients
January 31, 2024 by Alyssa DiSabatinoWith its taxi clients left in the lurch from insurer market withdrawals, one regional brokerage ventured to improve taxi fleet safety. After conducting research and leveraging data, CMB Insurance Brokers developed a loss program using telematics to ensure its clients…
Editorial | Public order laws and auto insurance don’t mix
January 29, 2024 by David GambrillAnyone seeking clarity on how the federal government’s Emergencies Act was supposed to apply to auto insurance cancellations won’t find it in the Federal Court of Canada’s latest ruling. The Federal Court of Canada last Tuesday found the federal government’s…
Large brokerage makes commercial deal in Ontario
January 29, 2024 by Alyssa DiSabatinoAcera Insurance Services Ltd. announced its latest deal with KRS Insurance Brokers Ltd., a specialized commercial brokerage based in Newmarket, Ont. “This partnership supports Acera Insurance’s longstanding dedication to build scale and strengthen the independent brokerage model to provide…
Alberta releases liability estimate for well cleanup
January 23, 2024 by Bob Weber - The Canadian PressAlberta’s oil and gas producers spent nearly $700 million in 2022 on cleaning up the hundreds of thousands of old wells that dot the province, the regulator’s first report on the extent of those liabilities indicates. That’s 65 per cent…
Brokerage sees nearly 200% increase in cold weather claims
January 18, 2024 by Jason ContantWith temperatures plummeting across Canada recently, one insurance brokerage has seen a 191% increase in cold weather-related claims in the early days of 2024 compared to 2023. “Over the past couple of weeks, we’ve seen almost three times as many…
Snowstorm inbound for Metro Vancouver as winter weather rages across Canada
January 16, 2024 by The Canadian PressVANCOUVER – Environment Canada says a snowstorm is expected to hit Metro Vancouver, Greater Victoria and beyond, bringing up to 20 centimetres of accumulation and possible freezing rain to southern British Columbia. The weather agency has issued a snowfall warning…
Two brokerages, one MGU involved in recent deals
January 15, 2024 by Jason ContantEditor’s Note: This story has been corrected to clarify that Keyes Insurance was not acquired by the Canadian Broker Network but rather joined its membership. Keyes Insurance remains a fully independent brokerage solely owned by Shaun Keyes. Canadian Underwriter apologizes…