Canadian Underwriter

Topic B.C.

Person handing a stack of money toward the camera as a form of insurance salaries
News AlbertaB.C.BrokersCommercialCommercial AutoInsurersManitobaOntarioPersonal AutoPersonal HomeQuebecSaskatchewan

What commercial and personal lines brokers make in 2024

March 18, 2024 by Alyssa DiSabatino

Across the country, commercial lines property and casualty insurance broker executives and commercial lines team leads and managers make more money on average than their personal lines counterparts, Impact Recruitment’s newest data shows.  The second iteration of Impact’s annual Insurance

Boardwalk trail at One Mile Lake in Pemberton, BC
News B.C.ClaimsClaims Canada ArchiveEnvironmentalPersonal Home

B.C. bridge vulnerable during heavy rain events, mayor says

March 18, 2024 by Roisin Cullen, Local Journalism Initiative Reporter, Pique Newsmagazine – The Canadian Press

Pemberton’s recent heavy flooding highlights the challenges the area faces, according to Mayor Mike Richman.  The Village of Pemberton (VOP) declared a state of local emergency on Jan. 30 due to flooding, and many locals were displaced from their homes

Much of Nova Scotia paralyzed following snowstorm
News AlbertaB.C.BrokersCatastrophesClaimsClaims ProfessionalsEmerging RisksEnvironmentalInsurersNova ScotiaPersonal HomeQuebec

How winter storms tally this year compared to last

March 15, 2024 by Alyssa DiSabatino

Maritimers were digging out for days after historic levels of snowfall dropped atop Nova Scotia and P.E.I. in early February.   The multi-day storm produced nearly 5 feet of snow in Cape Breton, N.S. Then about two weeks later, Nova Scotians

Scenic autumn view of the rural landscape, orchards, vineyards, and wineries of Oliver located in the Okanagan Valley of British Columbia, (B.C.) Canada.
News B.C.CatastrophesClaimsCommercialEnvironmental

B.C. orchards and vineyards to get $70M to replant after disastrous weather

March 14, 2024 by The Canadian Press

BRITISH COLUMBIA — Farmers in British Columbia will get an extra $70 million to replant and strengthen fruit orchards and vineyards after two years of weather-related disasters, says Premier David Eby. The commitment comes after a devastating cold snap in

Close-up Youth asia female wear casual sit front of desk hold smartphone and credit card feel upset online shopping payment declined credit over limit in living room at house.
News B.C.BrokersOperations

Ex-broker suspended for misusing client’s credit card

March 13, 2024 by David Gambrill

A former B.C. broker has been suspended for three years after making unauthorized purchases on a client’s credit card, the Insurance Council of B.C. has ruled. The province’s broker regulator ordered the suspension in February 2024, after finding that Maninder

The McDougall Creek wildfire in West Kelowna, BC.
News AlbertaB.C.CatastrophesClaimsEmerging RisksEnvironmentalInsurersLoss ControlLoss Trends

Night once brought firefighting reprieve, but no longer, Canadian study shows

March 13, 2024 by Brenna Owen - The Canadian Press

BRITISH COLUMBIA — The darkness of night has traditionally signalled reprieve for wildland firefighters, but a new Canadian study shows that’s changing, and drought is the driving force. The availability of bone-dry fuels is the key mechanism promoting extreme fire

The Fraser Valley in B.C. after flooding on Nov. 21, 2021
News B.C.BrokersCatastrophesClaimsEmerging RisksEnvironmentalInsurers

Federal disaster aid for Fraser Valley floods, landslides taking too long: B.C. MP

March 12, 2024 by Mia Rabson - The Canadian Press

The federal government estimates it will need to pay almost $3.4 billion for its share of the disaster recovery bills for flooding and landslides that devastated British Columbia’s Fraser Valley in November 2021. But more than two years after that

Blizzard in city. Winter weather. Deep snow
News AlbertaB.C.CatastrophesClaimsInsurersManitobaSaskatchewan

What Western Canada’s deep freeze cost insurers

March 11, 2024 by David Gambrill

Canada’s property and casualty insurers rang in 2024 by paying out $180 million to repair damage caused by Western Canada’s deep freeze in mid-January. Insurance Bureau of Canada (IBC) released the figure Monday, which is based on industry claims totals

News B.C.CatastrophesClaimsCommercialEmerging RisksEnvironmentalLoss Trends

‘Clean slate’ to reshape B.C. wine industry, after climate-related catastrophes

March 11, 2024 by Brenna Owen - The Canadian Press

The heart of British Columbia’s wine industry is reeling after suffering a litany of climate-related hits, resulting in two years of crop losses in the southern Interior. Record-breaking heat. Wildfires and smoke that repeatedly contaminated grapes. A destructive cold snap

Secure document safety concept
News B.C.ClaimsClaims Canada ArchiveCommercialCyberLegalTechnology

B.C. health authority warns of possible privacy breach after police recover documents

March 8, 2024 by The Canadian Press

An RCMP investigation has revealed a possible privacy breach for thousands of employees who worked or work at a health authority in British Columbia’s Interior. Interior Health says police contacted them in January about finding a document during its investigation

Damage after a load fell from a crane in Vancouver
News B.C.ClaimsClaims Canada ArchiveCommercialConstructionEmerging RisksProperty

Crane accidents ‘a huge concern’ after fourth incident in Metro Vancouver

March 6, 2024 by Chuck Chiang and Brenna Owen – The Canadian Press

In 30 years of working in construction, Josh Towsley says this is a first, after Metro Vancouver saw its fourth crane accident since the start of the year. “I’ve been involved in construction since I was 19 years old …

A gas station destroyed by the Bush Creek East wildfire in Squilax, B.C.
News B.C.CatastrophesClaimsClaims Canada ArchiveEnvironmentalPersonal Home

Inaccurate data on forest fuels may stoke B.C. wildfires, study finds

March 4, 2024 by Brenna Owen - The Canadian Press

Wildfire fighting and forest management decisions are potentially being hampered by inaccurate government data that misrepresents forest fuel loads in British Columbia’s Interior, a new study has found.  The B.C. government says the provincial wildfire service is working with the