Topic Nova Scotia
Insurer introduces new auto rating variable for oft-stolen cars
July 20, 2023 by David GambrillWith Canada’s property and casualty industry facing a record number of auto theft claims, insurers have introduced a variety of incentives and disincentives to encourage drivers to take theft-prevention measures — and now it’s showing up in a new ‘High…
What the Nova Scotia wildfire cost the P&C industry
July 5, 2023 by David GambrillNova Scotia’s Tantallon wildfire is estimated to have caused more than $165 million in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). Nearly 90% of all claims related to the Nova Scotia wildfire were personal…
Brokers, insurers differ on the value of numerous flood products for home owners
July 4, 2023 by Alyssa DiSabatinoCanada’s property and casualty insurance brokers have long maintained the need for a unified flood map, but insurers want to compete on their proprietary flood maps, and the ongoing differences between brokers and their insurance partners on this point became…
Two insurance agencies rebrand as belairdirect
July 4, 2023 by Jason ContantIntact Financial Corporation subsidiary belairdirect has announced that agencies Johnson Insurance and Anthony Insurance will both rebrand as belairdirect. Beginning this fall, the car and home division of Johnson Insurance will gradually rebrand to belairdirect, with the group benefits and…
N.S. threatens court action over dike system upgrade
June 29, 2023 by The Canadian PressHALIFAX – Nova Scotia’s premier is threatening to take the federal government to court over funding to protect a vital land corridor linking his province and New Brunswick. Tim Houston wants Ottawa to fund the entire cost – estimated at…
Large Canadian brokerage now operating coast to coast
June 28, 2023 by Jason ContantEditor’s Note: An original version of this article incorrectly identified Western Financial Group as Westland. Canadian Underwriter apologizes for the error. Western Financial Group now operates coast to coast following its full acquisition of Huestis Insurance and Associates Ltd.…
Nova Scotia identifies thousands more victims of data hack
June 15, 2023 by Marlo Glass - THE CANADIAN PRESSHALIFAX – Nova Scotia Cybersecurity Minister Colton LeBlanc says his department has identified thousands more people affected by a recent global data breach, and this week it is beginning the process of notifying the “most vulnerable” victims of the hack.…
Canada is experiencing its ‘worst wildfire season of the 21st century’: Blair
June 13, 2023 by The Canadian PressCanada is experiencing its worst wildfire season of the 21st century. Emergency Preparedness Minister Bill Blair announced the grim milestone Monday, saying more than 47,000 square kilometres have burned so far this year, with 431 wildfires currently burning across Canada. …
Nova Scotia identifies thousands of stolen records in global security breach
June 12, 2023 by Keith Doucette - THE CANADIAN PRESSHALIFAX – Officials in Nova Scotia have identified thousands of files stolen in a global data breach affecting the personal information of at least 100,000 people in the province. Cybersecurity and Digital Solutions Minister Colton LeBlanc said Friday that a…
Will this be the worst wildfire season Canada has ever seen?
June 6, 2023 by Mia Rabson - THE CANADIAN PRESSOTTAWA – This is on track to be the worst fire season Canada has ever seen and the risk of wildfires will remain well above average in most of the country throughout the summer, the federal government warned Monday. At…
What it’s like on the scene of the Nova Scotia wildfires
June 1, 2023 by Jason ContantTwo large wildfires burning in Halifax and Shelburne counties in Nova Scotia remain out of control, even as fire and additional living expenses (ALE) claims start to trickle in for insurers and adjusters. Some adjusters aren’t able to access the…
What makes the Halifax wildfire so unique
May 29, 2023 by Jason ContantNova Scotia is no stranger to wildfire, but the out-of-control blaze burning in suburban Halifax is unique in its aggressiveness, Glenn McGillivray, managing director of the Institute for Catastrophic Loss Reduction told Canadian Underwriter Monday. As of Monday afternoon, an…