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Queen's Park, home of Ontario's provincial legislature.
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Ontario Liberals eye auto insurance rates and towing sector

May 13, 2022 by Philip Porado

Ontario Liberals want to bring down auto insurance rates but not via percentage targets, as envisioned by the New Democrats. “We will also work tirelessly to bring down auto insurance rates,” said Ontario Liberal Party press secretary Andrea Ernesaks. She noted that will

Hay River's Louise Falls in the Northwest Territories
News ClaimsEnvironmentalNWTPersonal Home

Heavy flooding forces residents of Northwest Territories town from their homes

May 13, 2022 by The Canadian Press

HAY RIVER, N.W.T. – About 3,500 residents have been ordered to evacuate a town in the Northwest Territories as volatile water levels never before experienced in some areas cause extensive flooding and damage. People in Hay River, on the south

Gathering the data for underwriting a risk.
News BrokersClaimsCommercialCommercial AutoConstructionCyberEmerging RisksHRInsurersLiabilityMergers and AqcuisitionsMGAsOperationsPersonal AutoPersonal HomePropertyRisk ManagersTrusted Advisor

Where have all the good underwriters gone?

May 12, 2022 by Gloria Cilliers

For years, insurers have poached commercial underwriters from one another amid M&A activity, an aging population and hard/soft markets. But that’s left the industry with less seasoned talent and slower investment in acquisition, training and retention. “Suddenly, more so than

Woman wearing waterproof boots standing in a flood home
News AlbertaClaimsEnvironmentalPersonal Home

Emergency alerts remain: Floodwater on Metis settlement receding

May 12, 2022 by The Canadian Press

PADDLE PRAIRIE METIS SETTLEMENT – The chief administrative officer of a Metis settlement in northwestern Alberta says its members are feeling scared as floodwater that was up to the knees a few days ago recedes, exposing the damage left behind.

Woman looking at horizon through binoculars.
News CommercialEducationEmerging RisksInsurersLoss ControlLoss TrendsOperationsPersonal AutoPersonal HomePropertyTrendingTrusted Advisor

4 insurance industry trends to watch

May 11, 2022 by Tara Kelly

In this third calendar year marked by the pandemic, emerging trends in data collection and security require insurance policy offerings to keep pace with client needs. We can count on innovation and technology to keep reshaping the insurance sector in

Closeup image of a woman holding and showing wooden house model and car figure model
News CommercialCommercial AutoPersonal AutoPersonal Home

What Intact expects from personal and commercial lines

May 11, 2022 by Alyssa DiSabatino

Now that pandemic restrictions have lifted, Intact expects to see muted growth in its personal auto and property lines, while commercial lines is positioned for a better performance, the CEO of Intact Financial Corporation said at Intact’s 2022 Q1 results

Bathroom renvoations
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Are Canadian homeowners and renters overlooking flood risk?

May 9, 2022 by Jason Contant

Unintentional damage during renovations — especially water damage — continues to be an overlooked risk for Canadian homeowners and renters, according to a recent study from Chubb. The Chubb 2021 Homeowners Risk Report: Trends in Home Renovations and Water Damage

Interviewer asking questions
News AdjustersB.C.ClaimsClaims Canada ArchiveClaims ProfessionalsInsurersLegalPersonal HomeProperty

Don’t investigate fraud suspicions indefinitely, court tells insurer

May 6, 2022 by David Gambrill

If an insurer suspects fraud in a house fire contents claim, it might be better to deny the claim within 60 days, alleging fraud, rather than to prolong the claims investigation indefinitely while asking for documentation from the insured that

A woman stands in the backyard of her flooded home in Calgary in 2013
News AlbertaCatastrophesConstructionEnvironmentalPersonal Home

Construction to begin on flood mitigation project west of Calgary

May 5, 2022 by The Canadian Press

CALGARY – Nine years after a catastrophic flood caused billions of dollars in damage to parts of Calgary and surrounding communities, work is to begin on a dam to protect the area from rising water in the future. Premier Jason

Damage after a tornado in Barrie, Ont. in July 2021
News CatastrophesClaimsConstructionEnvironmentalOntarioPersonal AutoPersonal HomeProperty

Why Barrie’s 2021 tornado damage was “largely preventable”

May 4, 2022 by Jason Contant

More than 35 years after a deadly tornado in Barrie, Ont. – the site of another strong tornado last year – the industry is still looking for modernizations to the Ontario Building Code and tornado protection construction practices. “Since before

Scales of justice with clock in the background
News AlbertaClaimsInsurersLegalPersonal Home

Be clearer with limitation periods, appeal court tells insurers

May 2, 2022 by Jason Contant

Insurers should consider telling policyholders the specific dates when applicable limitation periods expire, and suggest that policyholders seek and retain counsel, legal experts recommend after an Appeal Court decision in Alberta. In Statt v SGI Insurance Services Ltd, a letter

Road closed sign after flooding in Manitoba
News ClaimsEnvironmentalManitobaPersonal Home

Swollen rivers, flooded roads prompt evacuations in some areas of Manitoba

May 2, 2022 by Brittany Hobson and Steve Lambert - THE CANADIAN PRESS

WINNIPEG – Flooding has forced evacuations in some parts of Manitoba after heavy rains caused rivers to swell. The Peguis First Nation, about 150 kilometres north of Winnipeg, was placed under a mandatory evacuation order after ice jams on the