Canadian Underwriter

Topic B.C.

A heavy snowfall sweeps through the province of British Columbia
News B.C.ClaimsEnvironmental

Delta, B.C., mayor calls for review of snow alerts after winter maintenance ‘failure’

December 6, 2022 by The Canadian Press

DELTA, B.C. – A Metro Vancouver mayor is calling for the B.C. government to review its snow removal contracts and consider using its emergency alert system to better inform drivers of dangerous road conditions. In a letter to Transportation Minister

Man standing in water with an umbrella and dark clouds overhead
News AlbertaB.C.CatastrophesClaimsEmerging RisksInsurersLoss TrendsManitobaNew BrunswickNewfoundland & LabradorNova ScotiaOntarioP.E.I.Personal AutoPersonal HomeQuebecSaskatchewan

Which insured perils are of most concern to your clients?

December 5, 2022 by David Gambrill

Winter storms and severe rain or flooding events top the list of insured perils concerning Canadians, according to a new Angus Reid poll commissioned by First Onsite Property Restoration. Nationally, concern about winter storms (67%) edged out worries about severe

Car accident on highway with ambulance responding
News AdjustersB.C.ClaimsClaims ProfessionalsClaims TechnologyPersonal AutoTrusted Advisor

ICBC’s new approach to claims interactions with injured drivers

December 5, 2022 by Dr. Donna Bain

The new Enhanced Care model put in place by the Insurance Corporation of British Columbia (ICBC) in Spring 2021 emphasizes proactive outreach to injured customers to help them recover, while also communicating about insurance benefits and processes. Enhanced Care changed

A Boeing 777 aircraft went off the taxiway in B.C. during a snowstorm
News B.C.ClaimsEnvironmental

Traffic mayhem, power outages, plane off taxiway as snow hits B.C. south coast

November 30, 2022 by The Canadian Press

VANCOUVER – The first major fall snowstorm to hit British Columbia’s south coast paralyzed traffic, cut power to thousands of homes and even affected Vancouver International Airport as a plane skidded off a taxiway. The snow and freezing temperatures turned

Oil and gas drilling rig
News AlbertaB.C.CommercialConstructionEnvironmentalInsurers

Oil and gas drilling sector expects activity to pick up in 2023

November 25, 2022 by Amanda Stephenson - THE CANADIAN PRESS

CALGARY – The organization representing Canada’s oil and gas drilling sector says it expects more activity in 2023, even as it continues to push the federal government for a new tax credit it says it needs to help the energy

Coastal flooding remains a concern for eastern Canada
News B.C.EnvironmentalP.E.I.

Climate Changed: Rising oceans, storm surges ‘disaster in slow motion’ for coasts

November 22, 2022 by Hina Alam - THE CANADIAN PRESS

Tides are rising, sands are shifting and coastlines are crumbling. As studies warn of rising seas and accelerated erosion resulting from climate change, coastal communities in Canada are wondering what the future holds. “Living on the coast is part of

A red car has slid on the icy road and his into the freeway medium. A moderate traffic jam with two other white cars has occured
News AlbertaB.C.BrokersClaimsCommercial AutoInsurersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.Personal AutoQuebecSaskatchewanYukon

Will inflation stop Canadians from buying winter tires?

November 17, 2022 by Alyssa DiSabatino

Even when faced with the rising cost of living, 82% of Canada’s motorists believe investing in winter tires is important, said a new survey by the Tire and Rubber Association of Canada (TRAC).  However, brokers will be interested to know

Woman packing her office belongings in a box
News B.C.BrokersCommercialHRInsurersTechnology

Canadian insurtech announces layoffs

November 16, 2022 by David Gambrill

Vancouver-based insurtech Apollo Insurance has laid off approximately 25% of its workforce of about 125 people across Canada, according to one source familiar with the matter. Employees were told during a 9 a.m. meeting, Pacific Time, according to the source,

A property affected by November 2021 flooding as seen on the Shackan Indian Band.
News AdjustersB.C.CatastrophesClaimsClaims ProfessionalsClaims TechnologyEnvironmentalInsurersLoss ControlSupply Chain

New claims-management service launches certificate program for insurers

November 11, 2022 by Alyssa DiSabatino

A new claims management program, which enables insurance companies to divert waste from landfills by recycling flooring and drywall during the claims and restoration process, has officially launched its certification program.   The EcoClaim certificate program will enable insurers to

Silhouetted shot of two businesspeople shaking hands in an office
News AlbertaB.C.BrokersHRInsurersManagementMergers and AqcuisitionsNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

Aspiring brokerage owners share the biggest obstacles for ownership

November 8, 2022 by Alyssa DiSabatino

What’s the biggest barrier to brokerage ownership for the 30% of brokers who aspire to one-day buy their own firm? Financing, according to results from a Canadian Underwriter online survey.  Of the 30% of broker respondents who want to own, exactly

Native reserve
News B.C.CommercialLegalLiability

Insurance premium tax exemption for B.C. First Nation with no reserve

November 4, 2022 by David Gambrill

Qayqayt First Nation in B.C., which purchased a surety bond from a U.K. insurer as collateral for a bank loan to fund a legal action against the Crown for taking away its land, does not have to pay tax on

Silhouetted shot of a young businesswoman looking at a cityscape from an office window
News AlbertaB.C.BrokersHRInsurersManagementManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioOperationsP.E.I.QuebecSaskatchewanYukon

The best way to support young prospective broker owners

November 4, 2022 by Alyssa DiSabatino

Mentorship and training are the best ways to support young brokers who aspire to senior leadership or brokerage ownership roles, say brokers responding to a Canadian Underwriter online survey. However, brokerage principals and their employees aren’t fully aligned on how