Canadian Underwriter

Topic Newfoundland & Labrador

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

Sales tax papers on the office table
News InsurersNewfoundland & LabradorOperationsPersonal HomeTechnology

What IBC likes and dislikes about removing sales tax on home insurance

April 14, 2022 by Jason Contant

Insurance Bureau of Canada (IBC) supports one provincial government’s plan to temporarily remove retail sales tax (RST) from home insurance, but is concerned about the administrative costs associated with the move. In its 2022 budget released Apr. 7, the Government

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

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

A Cormorant helicopter crashed in Gander, N.L. in March
News CommercialNewfoundland & Labrador

Pilot seat malfunction led to Cormorant crash, air force says

April 6, 2022 by The Canadian Press

ST. JOHN’S, N.L. – A Royal Canadian Air Force investigator says a military search and rescue helicopter crash in March at the airport in Gander, N.L., was set off by a problem with the pilot seat. The investigator’s report released

View from the tour boat at the fjords of the Western brook pond in Gros Morne National Park, Newfoundland and Labrador, Canada.
News Newfoundland & LabradorPersonal Auto

The latest province to approve Facility Association’s profit provision

March 15, 2022 by Alyssa DiSabatino

Facility Association (FA) announced the Newfoundland and Labrador rate board has approved the use of a profit provision for members’ capital. It is the last province to do so, said FA President and CEO Saskia Matheson.   “FA member companies

News Newfoundland & Labrador

Hurricane force gusts expected to hit N.L., as windy storm sweeps East Coast

March 15, 2022 by Michael Tutton - THE CANADIAN PRESS

HALIFAX – Powerful and potentially damaging winds and heavy precipitation are forecast to hit the East Coast over the weekend, with hurricane-force gusts expected in Newfoundland and Labrador. Environment Canada is calling for an extended period of strong gusts beginning

Container ship in sea
News Newfoundland & LabradorSupply Chain

Container ship the size of two football fields adrift off N.L., says coast guard

March 10, 2022 by The Canadian Press

ST. JOHN’S, N.L. – The Canadian Coast Guard says a container ship the length of two football fields is adrift off the west coast of Newfoundland. The agency said in an email Wednesday the 265-metre-long MSC Kim reported engine problems

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

News EnvironmentalNewfoundland & LabradorOntarioPersonal HomeQuebec

The insured damage cost of December’s windstorm in eastern Canada

January 13, 2022 by Alyssa DiSabatino

The windstorm that swept across Ontario, Quebec and the Atlantic provinces between Dec. 11 and 14 caused more than $152 million in insured damage, according to estimates from Catastrophe Indices and Quantification Inc. (CatIQ).  The eastern Canada windstorm brought strong

News AlbertaB.C.CatastrophesNewfoundland & LabradorOntarioQuebec

Heat dome, flooding, drought: A list of Canada’s Top 10 weather events in 2021

December 29, 2021 by The Canadian Press

Dave Phillips, senior climatologist with Environment Canada, has been compiling a Top 10 list of Canada’s weather events for more than two decades. Here are his picks for 2021:   Heat dome in Western Canada: At the end of June,

News ClaimsCyberNewfoundland & Labrador

N.L. rebuilding ‘from scratch’ systems downed by cyberattack using backups: official

December 15, 2021 by The Canadian Press

ST. JOHN’S, N.L. – An Irish expert says the fact Newfoundland and Labrador has to rebuild “from scratch” systems affected by an Oct. 30 cyberattack provides a new clue about the attack and its progress. Brian Honan said in an