Canadian Underwriter

Topic B.C.

Trees burned by the Bush Creek East wildfire in Squilax, B.C. last September
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Fire bans announced in B.C. and Alberta as more than 170 wildfires burn

April 25, 2024 by The Canadian Press

Tactical evacuations have started in northeastern British Columbia as wildfires tear through the area. An update from the B.C. Wildfire Service Wednesday night said efforts are focused on protecting public life and safety in the Peace River Regional District and

Wildfire in Cariboo region of B.C.
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‘Trees going up like Roman candles’ as fire season starts early in B.C., Alberta

April 23, 2024 by The Canadian Press

Susanne Langan first noticed the Burgess Creek wildfire from her home in British Columbia’s Cariboo region on Saturday afternoon as a distant, thin column of smoke. But as winds picked up that night, the flames became more aggressive. “I could

A fire burning across the lake in Osoyoos, B.C.
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Drought, heat raise risk of repeat of last summer’s record-breaking wildfires

April 10, 2024 by The Canadian Press

Persistent drought and months of above-average temperatures have raised the risk of a repeat of last year’s record-breaking wildfires. Federal officials say conditions are already ripe for an early and above-normal fire risk from Quebec all the way to British

The McDougall Creek wildfire in West Kelowna, BC.
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B.C. to get wildfire training and education centre in response to expert task force

April 5, 2024 by The Canadian Press

British Columbia’s premier says a training and education centre for wildfire fighters will be established in response to recommendations by a task force that looked into last year’s catastrophic wildfires. David Eby says the centre at Thompson Rivers University in

Driving on a beautiful spring day.
News AdjustersAlbertaB.C.BrokersClaimsLicensingPersonal Auto

Regulators suspend broker over fraudulent auto claim

March 28, 2024 by David Gambrill

A former Alberta broker who was suspended for a year last July for submitting a fraudulent auto insurance claim has had her B.C. licence suspended for a year, starting March 2024. B.C.’s insurance council said it was revoking her licence

Businessman holding and giving insurance and assurance icon including family health real estate car and financial for risk management concept.
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Onlia acquired by PE firm focused on Canadian P&C distribution

March 26, 2024 by David Gambrill

Southampton Financial Inc., a private equity firm focused on the Canadian property and casualty insurance distribution space, has agreed to acquire Onlia Insurance from Achmea and Fairfax Financial Holdings Ltd. Headquartered in Toronto, Onlia is a digital insurance agency that

Smoke from Canadian wildfires as seen in Boston on Canada Day 2023.
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Driven by wildfire smoke, Canada’s air quality worse than U.S. in 2023

March 25, 2024 by Jordan Omstead – The Canadian Press

Canada’s air pollution levels last year were worse than those in the United States for the first time since an air-quality firm started publishing its assessments in 2018.  The sixth World Air Quality report published Tuesday by Swiss firm IQAir

News B.C.CatastrophesCommercialEmerging RisksEnvironmentalInsurersLoss ControlLoss TrendsProperty

B.C.’s plan for flood mapping and building back better

March 22, 2024 by Alyssa DiSabatino

A new report by the Government of British Columbia details its commitment to developing a provincially coordinated floodplain mapping program, and sheds light on how and where it intends to rebuild communities after a flood.   More specifically, the report, From

A heavy snowfall sweeps through the province of British Columbia
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How Canada’s winter weather predicts 2024 Cat claims

March 21, 2024 by Alyssa DiSabatino

This winter clocked in as Canada’s warmest winter ever, and adjusters are already sounding the alarm that a winter with no or little snow could mean more wildfire claims over the rest of the year. Snowpack in winter is one

Wildfire on the Cariboo Plateau of B.C.
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Active spring wildfire season may be in store for B.C. as drought persists

March 19, 2024 by Ashley Joannou – The Canadian Press

British Columbia needs a drenching of rain to alleviate the tinder dry conditions that have forecasters worried about the potential for another difficult wildfire season. Cliff Chapman, director of operations for the BC Wildfire Service, said parts of the province

Business people standing on a shadow of a Canada dollar sign
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How much P&C insurance underwriters earn in Canada

March 19, 2024 by Alyssa DiSabatino

Senior-level underwriters in Canada may earn as much as $130,000 or more in yearly salary, new research by Impact Recruitment shows.  The P&C recruitment agency’s 2024 Insurance Salary Guide details pay ranges for underwriters and their assistants and breaks down compensation

Person handing a stack of money toward the camera as a form of insurance salaries
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What commercial and personal lines brokers make in 2024

March 18, 2024 by Alyssa DiSabatino

Across the country, commercial lines P&C broker executives and commercial lines team leads make more money on average than their personal lines counterparts, Impact Recruitment’s newest data shows.  The second iteration of Impact’s annual Insurance Salary Guide shows base pay