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A rear view of a businessman as he places his hand on his head and looks up at random numbers from a clock face that appear on the wall in front of him.
News CannabisClaimsInsurersLegalOntarioPersonal Home

New innocent co-insured law does not apply retroactively: Appeal Court

May 18, 2022 by David Gambrill

Ontario’s new innocent co-insured law does not apply retroactively to claims events that happened before the legislation was passed, the Ontario Appeal Court has ruled. The co-insured rule restricts application of insurers’ policy exclusions for criminal acts only to those

Wildfire burning in Ontario
News ClaimsOntarioPersonal Home

Forest fire in northeast Ontario community forces residents to evacuate

May 17, 2022 by The Canadian Press

A forest fire has forced the evacuation of residents in a community north of Sudbury, Ont.   Conservation officers and Ontario Provincial Police assisted with the precautionary evacuation of Shining Tree, Ont., residents Saturday afternoon after a forest fire broke out

Multi-level brown cottage with white trim sits on the water and is surrounded by trees.
News B.C.BrokersInsurersNewfoundland & LabradorNova ScotiaOntarioP.E.I.Personal HomePropertyQuebec

What cottagers may overlook when it comes to seasonal insurance

May 17, 2022 by Alyssa DiSabatino

With the May long weekend just around the corner, many Canadians will be packing their bags and heading up to the cottage, but a post-pandemic surge of demand may mean a lot of cottage rentals, and some important points of

House framed in new lumber while under construction
News AdjustersClaimsClaims ProfessionalsClaims TechnologyConstructionLoss ControlLoss TrendsPersonal HomeProperty

Rising lumber, materials costs lead claims professionals to tweak their approach

May 16, 2022 by Philip Porado

With the inflation rate at a 30-year high, specialists handling home reconstruction claims are making adjustments that reflect surging prices for construction components – including lumber, finishing materials and appliances. What started as supply chain problems, some of which were

Aerial view of Kenora, Ont. at sunset
News ClaimsEnvironmentalOntarioPersonal Home

Kenora, Ont., residents told to watch for possible flooding amid rising water levels

May 16, 2022 by The Canadian Press

A city in northwestern Ontario is monitoring water levels and telling residents to watch for the possibility of flooding. That comes after an evacuation order was issued by the City of Kenora on Friday that said hundreds of residents were

Queen's Park, home of Ontario's provincial legislature.
News Commercial AutoOntarioPersonal AutoPersonal HomeProperty

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
News ClaimsEnvironmentalPersonal Home

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