Topic B.C.
Insurance premium tax exemption for B.C. First Nation with no reserve
November 4, 2022 by David GambrillQayqayt 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…
The best way to support young prospective broker owners
November 4, 2022 by Alyssa DiSabatinoMentorship 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…
New storm brings rain, wind and snow to several regions of B.C.
November 3, 2022 by The Canadian PressVANCOUVER, Wash. – The latest in a series of vigorous mid-fall storms is bringing wind, rain and snow to large sections of British Columbia. Snow or rainfall warnings are posted across most of southern B.C., the central Interior, Prince George…
New storm approaches B.C. as province cleans up after first powerful fall tempest
October 28, 2022 by The Canadian PressVANCOUVER – BC Hydro says electricity has been restored to most of its more than 100,000 customers blacked out during the first powerful storm of British Columbia’s late-arriving fall, but forecasters warn more foul weather is on the way. The…
B.C.’s ‘vulnerable’ Fraser Valley needs flood control plan, Senate committee warns
October 27, 2022 by The Canadian PressOTTAWA – The Senate Committee on Agriculture and Forestry is calling for a comprehensive flood control plan for British Columbia’s Fraser Valley following last year’s catastrophic floods. Last November, historic rainfall caused flooding of 15,000 hectares of land, affecting more…
New CEO in 2023 for Westland Insurance
October 20, 2022 by Jason ContantJamie Lyons will become the president and CEO of Westland Insurance Group effective Jan. 1, 2023, the brokerage announced Thursday. Current CEO Jason Wubs will transition to the newly created role of vice chairman, head of mergers & acquisitions and…
Who has right-of-way in Starbucks’ drive-through free-for-all?
October 18, 2022 by David GambrillA B.C. driver claiming the public auto insurer improperly found him at fault for a collision in a Starbucks’ drive-through has lost his case that he wasn’t at fault because none of the line-up lanes had priority. The Civil Resolution…
Climate Changed: Catastrophe experts say retreat from flood risk is ‘critical option’
October 12, 2022 by Amy Smart - THE CANADIAN PRESSVANCOUVER – All climate disasters are not created equal and the Institute for Catastrophic Loss Reduction recommends retreat in the face of only one type of threat. “In our opinion, retreat is not an option that is important for most…
Crews battle out-of-control wildfire in regional park in B.C.
October 3, 2022 by The Canadian PressCOQUITLAM, B.C. – A regional park in British Columbia’s Lower Mainland has been closed since Saturday as crews battle a wildfire sparked in persistently hot and dry conditions. The Metro Vancouver Regional District posted an update on social media, saying…
Vancouver gas prices break North American record: analyst
September 30, 2022 by The Canadian PressVANCOUVER – Gas prices in Vancouver hit a new high of more than $2.39 a litre at some stations Thursday, blowing past the previous peak set this summer. One gas analyst said that’s a new all-time record for North America,…
Key industry association names new board members and executives
September 29, 2022 by Canadian Underwriter StaffNew board of directors members and executive officers were named by the Insurance Brokers Association of Canada (IBAC) following confirmation of those appointments Sept. 22 during the association’s annual general meeting in St-Andrews-By-The-Sea, N.B. The executive committee will now be…
Transportation Safety Board probes tour boat sinking on Haida Gwaii
September 28, 2022 by The Canadian PressRICHMOND, B.C. – The Transportation Safety Board has sent a team to British Columbia’s north coast to probe the sinking of a tour boat in Haida Gwaii. A statement from the safety board says the team of investigators has been…