Canadian Underwriter

Topic Quebec

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U.S. wholesale broker expands into Canada with acquisition of SUM

August 11, 2020 by Jason Contant

A United States-based national wholesale insurance broker has acquired Strategic Underwriting Managers, Inc. (SUM), a Canadian managing general agency for property, casualty and other specialty insurance products. Boston-headquartered wholesale broker, program manager, and insurance aggregator One80 Intermediaries announced the acquisition

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Isaias downgraded from tropical storm as it blows through Quebec

August 5, 2020 by The Canadian Press

MONTREAL — Environment Canada says Isaias has been downgraded from a tropical storm, but tens of thousands of people across southern Quebec are still in the dark due to power outages it caused. The agency says maximum sustained winds now

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How high cat losses could go this year

August 4, 2020 by Adam Malik

Alberta has become the epicentre for cat losses this year as combined insured damage could reach, if not exceed, $2 billion in the province alone after multiple natural catastrophes have hit various regions over a four-month span. The calculations come

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New 250 person public gathering limit fairly low risk: Quebec health official

August 4, 2020 by Morgan Lowrie - THE CANADIAN PRESS

MONTREAL – The decision to allow public gatherings of up to 250 people comes with a relatively low risk of COVID-19 transmission compared to other riskier social activities, Quebec’s public health director said Monday. Dr. Horacio Arruda said there weren’t

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Tropical storm Isaias expected to bring heavy rain, wind gusts to eastern Canada

August 4, 2020 by THE CANADIAN PRESS

HALIFAX – A tropical storm that has lashed parts of the eastern United States should be diminished in strength by the time it reaches eastern Canada, the Canadian Hurricane Centre says. Centre forecaster Chris Fogarty said that Isaias was on

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Bar reopenings going ahead in Ontario as Quebec links cases to bars in Montreal

July 16, 2020 by Mia Rabson - THE CANADIAN PRESS

OTTAWA – Canada’s deputy public health chief says going inside a bar to have a drink with friends remains a high-risk activity in the era of COVID-19. Dr. Howard Njoo’s reminder Tuesday came just days before Ontario starts to allow

News AlbertaOntarioPersonal AutoQuebec

How you could save an aging Ontario auto client $14,000

July 10, 2020 by Greg Meckbach

If you are not consistently shopping around for a better deal for your Generation X and Boomer-generation auto clients, they could be paying thousands extra after reaching middle age – unless they happen to find a lower rate from from

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Quebec health minister threatens to lock down bars if COVID rules are violated

July 7, 2020 by Sidhartha Banerjee - THE CANADIAN PRESS

MONTREAL – Quebec’s health minister threatened owners of bars and other venues across the province on Monday, saying he won’t hesitate to shut them down if COVID-19 public health directives are not followed. Describing the scenes at some establishments over

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Lac Megantic marks seventh anniversary of 2013 rail disaster with memorial site

July 6, 2020 by Stephanie Marin – THE CANADIAN PRESS

Seven years after a rail disaster decimated its downtown, Lac-Megantic sought Monday to honour both its past and future by inaugurating a long-planned memorial space at the site at the heart of the tragedy. On July 6, 2013, a runaway

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Out of control forest fire in Lac St Jean likely sparked by poorly extinguished campfire

June 22, 2020 by Sidhartha Banerjee - THE CANADIAN PRESS

MONTREAL – An improperly extinguished campfire is the likely cause behind a massive blaze in Quebec’s Lac-St-Jean region that remains out of control, Quebec’s Forestry Minister told a briefing on Sunday. “This photo is possibly where fire started,” Pierre Dufour

News Mergers and AqcuisitionsQuebec

Post-merger, new name awaits Canada’s third-largest P&C mutual

June 4, 2020 by Greg Meckbach

La Capitale and SSQ Insurance are expected to merge July 1 to form Canada’s largest mutual insurer, Quebec City-based La Capitale Insurance and Financial Services said Thursday. “The name of the new company will be announced in the next few

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Afterburn

April 8, 2020 by Greg Meckbach, Associate Editor

Home insurers in Quebec may be on the hook for major fire losses on their property policies in the aftermath of an earthquake