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Aerial view of homes flooded by record-breaking rainfall
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How clients can be motivated on climate action

March 5, 2024 by Jason Contant

Measures to help mitigate climate change are a known commodity, it’s just a matter of motivating the public, government and regulators to take action, speakers suggested Monday at an industry event. Climate change is irreversible, but its rate can be

A gas station destroyed by the Bush Creek East wildfire in Squilax, B.C.
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Inaccurate data on forest fuels may stoke B.C. wildfires, study finds

March 4, 2024 by Brenna Owen - The Canadian Press

Wildfire fighting and forest management decisions are potentially being hampered by inaccurate government data that misrepresents forest fuel loads in British Columbia’s Interior, a new study has found.  The B.C. government says the provincial wildfire service is working with the

Stressed out over bills piling up
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Why clients are missing insurance payments — and risk policy cancellation

March 4, 2024 by Jason Contant

One Ontario brokerage has seen an increase in the number of clients missing insurance payments as well as cancellation notifications from insurers for non-payment.  For Mitch Insurance, the number of clients missing insurance payments has increased 104% since 2019. While

Frigid cold temperatures in Montreal
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High winds, icy conditions leave many without power in Ontario and Quebec

February 29, 2024 by The Canadian Press

Extreme weather conditions were expected to continue across Canada on Thursday after a sharp cold front with high winds hit vast areas of Quebec and Ontario, knocking out power lines and leaving tens of thousands of people in the dark

Hand holding two jigsaw puzzles pieces.
News BrokersCommercialManitobaMergers and AqcuisitionsOperationsPersonal AutoPersonal Home

Navacord’s first deal of the year 

February 29, 2024 by Jason Contant

Commercial insurance brokerage Navacord Corp. has completed its first transaction of the year with a partnership with Winnipeg-based Avant Insurance.  Announced Wednesday, the deal with the personal and commercial lines brokerage was effective Feb. 1. Navacord said in a press

Snow fall covering a car in Nova Scotia
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As planet warms, ferocious snowfalls like the one that hit Nova Scotia could increase

February 26, 2024 by Hina Alam, The Canadian Press

ATLANTIC CANADA – Forecasters say a warming global climate could actually cause some parts of Canada to see colder conditions, including heavy snowfalls like the one that hit parts of the Maritimes this week. There’s a direct relationship between the

Electrical outlet on fire.
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Managing insurer concerns about knob-and-tube wiring

February 21, 2024 by Brian Cook, PowerCheck

Most insurers see homes with knob-and-tube wiring, aluminum wiring, and 60-amp service as high-risk, which prevents clients with those systems from easily obtaining home insurance. But are wiring types and service levels really the culprits causing fires? I’ve examined electrical

A fourplex destroyed by a wildfire at Sturgeon Lake Cree First Nation.
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Warm and dry weather prompts Alberta to declare an early start to wildfire season

February 21, 2024 by The Canadian Press

EDMONTON – The Alberta government has declared an early start to the 2024 wildfire season in the face of low snowpacks and forecasts of dry weather to come. Alberta Forestry and Parks Minister Todd Loewen said Tuesday the season is

Engineer using thermal camera to inspect home
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Co-operators acquires home inspection firm

February 16, 2024 by Jason Contant

The Co-operators has entered the home services line of business with the acquisition of the parent company of home inspection firm Carson Dunlop & Associates Ltd. Co-operators Financial Services Limited, a wholly-owned subsidiary of The Co-operators Group Limited, announced the

Creating long-term value within your client base
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Making clients valuable to your brokerage for the long term

February 15, 2024 by Adam Mitchell

When it comes to ensuring clients have the right products and coverage levels, life insurance brokers are doing things much better than personal lines brokers. But there’s no reason the P&C industry can’t operate at that level. You can’t sell

Snowplow clearing the streets
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Blizzard-like conditions expected in Newfoundland

February 15, 2024 by The Canadian Press

Schools in Newfoundland’s capital are closed today, due to the threat of inclement winter weather. The head office for NLSchools in St. John’s will be open, but officials say not until 11:00 a.m. local time. This week’s hazardous winter conditions

Cyber graphic of an arrow pointing upward
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Cats scratch Intact’s bottom line in 2023

February 14, 2024 by Alyssa DiSabatino

Intact Financial Corporation (IFC) has reported elevated catastrophe losses in 2023, raising its combined operating ratio (COR) by 4.3 points since 2022. “The past year has been challenging for society, particularly in the face of numerous natural disasters,” said Charles