Canadian Underwriter

Topic Quebec

Authoritative person sitting in front of gray background. His face is showing. Insuring the vehicle safely. Car insurance protects any damage to the vehicle. The hand of the person wearing the white shirt prevents the boards from damaging the falling vehicle.
News ClaimsInsurersLegalPersonal AutoQuebec

Auto insurance doesn’t always apply just because an auto’s involved

November 29, 2022 by David Gambrill

Two Quebec Court of Appeal decisions in 2022 demonstrate it’s not enough to show an auto is involved in a claim for an insured to be eligible for compensation under the province’s auto insurance scheme, a Quebec lawyer writes in

Hurricane Ian
News ClaimsEmerging RisksInsurersLoss TrendsNew BrunswickNewfoundland & LabradorNova ScotiaOntarioP.E.I.Quebec

What reinsurance renewals could look like on Jan. 1

November 23, 2022 by David Gambrill

Global reinsurers are expected to raise property catastrophe rates “by well over 10%” in exposed areas during January 2023 renewals, a Fitch Ratings report stated. “We expect double-digit percentage premium rate rises for property catastrophe cover in 2023 driven by

sea coast houses bracing for a hurricane
News BrokersCatastrophesClaimsClaims ProfessionalsCommercialCommercial AutoConstructionEnvironmentalInsurersLoss TrendsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal AutoPersonal HomePropertyQuebec

How hurricane losses will impact pricing and capacity

November 21, 2022 by Philip Porado

Watch for Hurricane Ian’s damage estimates of between US$50 billion and US$70 billion to made insurers more conservative about pricing and capacity, according to Aon’s global market insights for 2022 Q3. “As the full market impacts of Hurricane Ian materialize,”

A red car has slid on the icy road and his into the freeway medium. A moderate traffic jam with two other white cars has occured
News AlbertaB.C.BrokersClaimsCommercial AutoInsurersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.Personal AutoQuebecSaskatchewanYukon

Will inflation stop Canadians from buying winter tires?

November 17, 2022 by Alyssa DiSabatino

Even when faced with the rising cost of living, 82% of Canada’s motorists believe investing in winter tires is important, said a new survey by the Tire and Rubber Association of Canada (TRAC).  However, brokers will be interested to know

Silhouetted shot of two businesspeople shaking hands in an office
News AlbertaB.C.BrokersHRInsurersManagementMergers and AqcuisitionsNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

Aspiring brokerage owners share the biggest obstacles for ownership

November 8, 2022 by Alyssa DiSabatino

What’s the biggest barrier to brokerage ownership for the 30% of brokers who aspire to one-day buy their own firm? Financing, according to results from a Canadian Underwriter online survey.  Of the 30% of broker respondents who want to own, exactly

Silhouetted shot of a young businesswoman looking at a cityscape from an office window
News AlbertaB.C.BrokersHRInsurersManagementManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioOperationsP.E.I.QuebecSaskatchewanYukon

The best way to support young prospective broker owners

November 4, 2022 by Alyssa DiSabatino

Mentorship and training are the best ways to support young brokers who aspire to senior leadership or brokerage ownership roles, say brokers responding to a Canadian Underwriter online survey. However, brokerage principals and their employees aren’t fully aligned on how

Judge banging gavel in a courtroom
News BrokersInsurersLegalPersonal AutoQuebec

‘Race discrimination’: Indigenous Quebec man who lived on reserve denied insurance

November 4, 2022 by Sidhartha Banerjee CANADIAN PRESS

MONTREAL – An Indigenous Quebec man who was denied car insurance because he lived on a reserve was the victim of race discrimination, the province’s human rights commission concluded in a recent decision. Alexis Wawanoloath, a lawyer and ex-Parti Quebecois

Guy Lecours is the new COO of L'Unique and Unica
News InsurersManagementOperationsQuebec

New senior executive for two major P&C brand names

November 2, 2022 by Jason Contant

Insurance industry veteran Guy Lecours has been appointed chief operating officer of L’Unique and Unica, effective Nov. 21. Christian Fournier, executive vice president and lead of property and casualty insurance at Beneva, announced the appointment Wednesday. Lecours succeeds Yves Gagnon,

Buildings sit in the water in Rose Blanche-Harbour Le Cou
News CatastrophesClaimsClaims ProfessionalsCommercialEnvironmentalLoss TrendsNew BrunswickNewfoundland & LabradorNova ScotiaP.E.I.Personal AutoPersonal HomeQuebec

Fiona officially the costliest extreme weather event in Atlantic Canada

October 19, 2022 by Jason Contant

Hurricane Fiona is the costliest extreme weather event ever recorded in Atlantic Canada, at $660 million in insured damage, according to preliminary estimates from Catastrophe Indices and Quantification Inc. (CatIQ). The long-lived and powerful storm on Sept. 24 is also

Tanker truck moving across Alberta
News AlbertaClaimsCommercialCommercial AutoInsurersLoss ControlLoss TrendsQuebec

How new truckers can get a better ‘insurance experience’

October 13, 2022 by Philip Porado

To reduce claims rates for Alberta-based trucking companies, and loss ratios for commercial trucking insurers, an Insurance Bureau of Canada (IBC) executive said training regimens aimed at improving the quality of drivers entering the sector needs to improve. At 120

Montreal skyline from the Lachine Canal
News ClaimsClaims Canada ArchiveLegalLiabilityLoss ControlPropertyQuebecSupply Chain

Condo association calls for changes to help corporations recoup losses 

October 11, 2022 by Jason Contant

Quebec’s association representing condo corporations is reiterating a call on the newly re-elected provincial government to amend the Civil Code of Quebec to allow condo corporations to better recover losses from co-owners.  Currently, condo corporations (called syndicates in Quebec) are

Large truck on the Icefields Parkway in Alberta, Canada
News AlbertaClaimsClaims ProfessionalsCommercialCommercial AutoEducationInsurersLoss ControlLoss TrendsQuebec

Are driver shortages fuelling a spike in Alberta trucking claims?

October 11, 2022 by Philip Porado

Border crossing issues stemming from COVID-19 health restrictions, as well as an aging workforce that’s rapidly reaching retirement, has led to an exodus of drivers from Canada’s trucking sector over the past two years. Stresses from that situation are amplified