Canadian Underwriter

Topic B.C.

A forest fire burning in B.C.'s Okanagan Valley
News B.C.ClaimsEnvironmentalPersonal Home

Drones tackle Okanagan blaze as cool weather helps bring B.C. wildfires under control

August 11, 2022 by Jason Contant

PENTICTON – Drones are helping map hot spots in a wildfire burning in British Columbia’s Okanagan region as cooler conditions helped firefighters elsewhere in the province bring blazes under control. Crews were making progress on several wildfires Wednesday, including a

Penthouse condo in Vancouver
News AlbertaB.C.ClaimsInsurersPersonal HomeRisk Managers

Condo insurance: Is market stabilization fleeting?

August 11, 2022 by Jason Contant

Canada’s condo insurance market appears to have stabilized but the industry shouldn’t get lulled into the feeling that reforms are no longer needed, said Aaron Sutherland, the vice president of Insurance Bureau of Canada’s (IBC) Pacific region. Over the past

News B.C.BrokersInsurersMergers and AqcuisitionsOntario

Navacord makes its largest deal of the year

August 10, 2022 by Alyssa DiSabatino

Navacord Corp. has completed its 20th and largest M&A deal of the year following its partnership with Insurance Store, effective Aug. 1, 2022.   Headquartered in Windsor, Insurance Store has five offices across Ontario in Barrie, Collingwood, Chatham, and Woodstock,

Family home with car in the driveway
News AlbertaB.C.BrokersInsurersLoss TrendsManitobaNew BrunswickNewfoundland & LabradorNova ScotiaOntarioP.E.I.Personal AutoPersonal HomeQuebecSaskatchewan

Is the personal lines hard market abating?

August 4, 2022 by Jason Contant

Personal lines in Canada’s property and casualty insurance industry still appear to be in the grip of a hard market cycle, with both personal auto and property premium rates generally showing high, single-digit rate increases. On average, personal auto quoted

Smoke from a wildfire near a Penticton, B.C. suburb
News B.C.ClaimsEnvironmental

Hot, dry August to bring more wildfires to B.C., forecast says

August 4, 2022 by The Canadian Press

VICTORIA – A hot, dry weather forecast for August and into September is expected to result in increased wildfire activity in British Columbia, especially in the southern regions.   Neal McLoughlin, the superintendent of predictive services at the BC Wildfire Service,

Forest fire burning in Penticton, B.C.
News B.C.ClaimsEnvironmentalPersonal Home

Wildfire burning near ski resort forces evacuation of hundreds

August 3, 2022 by Jason Contant

A growing wildfire in British Columbia’s Okanagan area has forced the evacuation of more than 300 properties in the ski resort community. These properties, including the Apex Mountain Ski Resort in Penticton, were ordered evacuated as the fire showed “aggressive

Burned out buildings in Lytton, B.C.
News AdjustersAlbertaB.C.ClaimsClaims ProfessionalsCommercialCommercial AutoConstructionEnvironmentalInsurersLoss ControlLoss TrendsOntarioPersonal AutoPersonal HomeProperty

2021 Cat frequency ties 2008 for second place

August 3, 2022 by Glenn McGillivray

Severe weather cost Canadian insurers $2.25 billion in 2021, placing the year in the Top 5 for losses according to Catastrophe Indices and Quantification Inc. (CatIQ). Last year, 14 events with $25 million in claims or higher were declared nationwide,

Noon sun in the sky
News B.C.ClaimsEnvironmental

More B.C. heat records fall, conditions prompt flood watch

July 28, 2022 by Jason Contant

VANCOUVER – Temperature records are melting across British Columbia as a prolonged heat spell grips the province but Emergency Management BC says it is not anticipating an extreme heat emergency. A statement from the agency says residents should monitor temperature

Stormy sky with a wall of clouds
News AlbertaB.C.BrokersEnvironmentalInsurersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

Will this week’s weather events result in Cat damages?

July 25, 2022 by Alyssa DiSabatino

While Europe is experiencing record-breaking heat waves, western Canada had some severe heat and storms of its own between July 16-20. And although they were expected to have caused millions in damage, it won’t breach catastrophe territory, according to Aon’s

A wildfire is spreading just west of already fire-ravaged Lytton, B.C.
News B.C.CatastrophesClaimsCommercialConstructionEnvironmentalPersonal Home

What the latest wildfire near Lytton, B.C. reveals

July 22, 2022 by Jason Contant

The out-of-control wildfire burning near Lytton, B.C. shows the community and its surrounding area are at high risk of repeated fires, said Glenn McGillivray, managing director of the Institute for Catastrophic Loss Reduction (ICLR). The Nohomin Creek wildfire about 1.7

Gavel with an hourglass and antique books
News B.C.ClaimsInsurersLegalPersonal Auto

Is the two-year limitation period set in stone?

July 21, 2022 by Jason Contant

A motor vehicle accident victim can proceed with her personal injury claims after British Columbia’s Civil Resolution Tribunal (CRT) found the provincial public auto insurer made an “explicit promise” not to be bound by the two-year limitation period to start

A wildfire is spreading just west of already fire-ravaged Lytton, B.C.
News B.C.ClaimsPersonal Home

Out-of-control blaze grows near fire-ravaged Lytton, B.C.

July 15, 2022 by The Canadian Press

LYTTON, B.C. – A wildfire blazing just west of Lytton, B.C., has now scorched five square kilometres of trees and bush, more than doubling in size in less than 12 hours. BC Wildfire Service spokeswoman Taylor Colman says the out-of-control