Canadian Underwriter

Topic New Brunswick

A police officer at a car accident scene.
News ClaimsInsurersLiabilityNew BrunswickPersonal Auto

$200K liability limit triggered in suicidal driver’s auto policy

May 4, 2022 by David Gambrill

Third-party drivers injured in an accident caused by the criminal action of a suicidal driver cannot claim more than the minimum $200,000 liability limit in the suicidal driver’s policy because of a public policy rule enshrined in the New Brunswick

Driver handing over a license.
News AlbertaB.C.BrokersClaimsCommercialCommercial AutoConstructionCyberInsurersLegalLiabilityLicensingManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

Beware the tax implications of unlicensed insurance

May 3, 2022 by Jason Contant

If you’re looking to place a risk through an insurer that’s not licensed to write business in Canada, it’s important to understand the requirements around filing federal and provincial taxes, as well as special broker licenses. Although direct placement with

Medical mask on a car mirror
News AlbertaInsurersNew BrunswickNova ScotiaOntarioPersonal AutoQuebecTechnology

By how much UBI use increased during the pandemic

April 20, 2022 by Jason Contant

Canadian drivers appear to be gravitating toward usage-based insurance (UBI) as the COVID-19 pandemic stretches past its second year. Since 2019, there has been a 40% increase in the number of drivers opting into UBI when filing out a car

Auto accident damage at intersection.
News AlbertaB.C.BrokersClaimsCommercial AutoInsurersLegalLiabilityLicensingLoss ControlLoss TrendsManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.Personal AutoPropertyQuebecSaskatchewanYukon

A car crashes in Ontario: Why Canadian auto insurers pay attention

April 13, 2022 by Daniel Strigberger

People love to visit Ontario. Unfortunately, some of them get into car accidents. Why should a visitor’s auto insurer care about accidents in Ontario? Because when a non-resident is involved in an auto accident in the province, their insurers will

Mactaquac dam in New Brunswick
News ClaimsEnvironmentalNew Brunswick

New Brunswick monitoring potential for flooding as river levels begin to rise

April 11, 2022 by Kevin Bissett - THE CANADIAN PRESS

FREDERICTON – New Brunswick officials are advising people in flood-prone areas of the province to pay attention as the water levels of the Saint John River are on the rise. The spillway gates at the Mactaquac Dam, near Fredericton, will

Giant waves break near the lighthouse at Peggy's Cove, Nova Scotia.
News CatastrophesClaimsEmerging RisksInsurersLoss TrendsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal AutoPersonal HomeProperty

What Canadians can expect of future hurricane seasons

April 7, 2022 by David Gambrill

Atlantic Canadians can expect to see more and increasingly intense hurricanes, as sea surface temperatures continue to warm up as a result of climate change. “Warmer sea surface temperatures fuel stronger hurricanes,” Swiss Re Canada CEO Monica Ningen observed during

Aerial drone view of dyke/wetland area in Nova Scotia's Digby County.
News EnvironmentalNew BrunswickNova Scotia

Dikes to protect N.S. N.B. link from flooding expected to cost hundreds of millions

March 18, 2022 by The Canadian Press

HALIFAX – An engineering study looking at three options to save the land link between Nova Scotia and New Brunswick from climate-related flooding is pegging costs at between $189 million and just over $300 million. The study released today suggests

Business development and expansion concept
News AlbertaBrokersCommercialMergers and AqcuisitionsNew BrunswickNova ScotiaOntarioOperationsPersonal AutoPersonal Home

BrokerLink execs discuss expansion strategy

March 4, 2022 by Jason Contant

BrokerLink’s M&A strategy remains focused on regions where it currently does business and is not looking to get into other verticals at the moment, senior executives at the brokerage tell Canadian Underwriter. “The focus continues to be Ontario, Alberta, and

Snowplow clearing highway
News ClaimsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.

Another winter storm batters Atlantic Canada as officials warn of widespread outages

February 4, 2022 by Danielle Edwards - THE CANADIAN PRESS

HALIFAX – A large, slow-moving storm has descended on Atlantic Canada, forcing the closure of schools and government offices, as parts of Nova Scotia brace for an extended period of freezing rain. Environment Canada has warned that widespread power outages

Whiteout conditions in Halifax Regional Municipality
News ClaimsEnvironmentalNew BrunswickNova ScotiaP.E.I.

Powerful winter storm sweeps Maritime provinces, creating treacherous conditions

January 31, 2022 by The Canadian Press

HALIFAX – A powerful winter storm swept across the Maritimes on Saturday, blanketing much of the region in heavy, blowing snow and causing road closures, power outages and widespread cancellations. Drivers were urged to avoid travel amid blizzard-like conditions, and

Car driving during winter storm
News ClaimsEnvironmentalNew BrunswickNova ScotiaP.E.I.

Weather warnings: Residents of the Maritimes bracing for another major winter storm

January 28, 2022 by The Canadian Press

HALIFAX – Environment Canada is warning residents of the Maritimes to prepare for power outages as a major winter storm – the fourth this month – is expected to lash the region Saturday with blowing snow, freezing rain and howling

News CommercialEmerging RisksNew BrunswickNova ScotiaP.E.I.PropertyTrending

Small businesses grappling with Omicron, after two years of closures and restrictions

December 23, 2021 by Tara Deschamps - THE CANADIAN PRESS

As the December holidays neared, the Old Triangle alehouses across the Maritimes were bustling with Christmas parties and diners revelling in the festive season. But that energy vanished in recent days as the Omicron variant of COVID-19 raged across Canada