Canadian Underwriter

Topic Saskatchewan

A fire burning across the lake in Osoyoos, B.C.
News AlbertaB.C.CatastrophesClaimsEnvironmentalManitobaOntarioPersonal HomeQuebecSaskatchewan

Drought, heat raise risk of repeat of last summer’s record-breaking wildfires

April 10, 2024 by The Canadian Press

Persistent drought and months of above-average temperatures have raised the risk of a repeat of last year’s record-breaking wildfires. Federal officials say conditions are already ripe for an early and above-normal fire risk from Quebec all the way to British

Harvested wheat field in Saskatchewan
News AlbertaCatastrophesClaimsClaims Canada ArchiveEnvironmentalSaskatchewan

Why climate change on the farm equates to a big bill

April 8, 2024 by Amanda Stephenson – The Canadian Press

To get an idea of the financial toll extreme weather is taking on this country’s agriculture industry, look no further than the government of Saskatchewan’s books.  The prairie province had forecast a more than $1 billion surplus for the fiscal

Person reporting a stolen vehicle
News ClaimsClaims Canada ArchiveClaims ProfessionalsInsurersLegalLoss ControlLoss TrendsSaskatchewan

Insurer’s Top 5 insurance fraud claims of 2023

March 25, 2024 by Jason Contant

An intoxicated driver who reported her car stolen to avoid the consequences of impaired driving and fake invoices for high-end jewellery reportedly stolen from a vehicle were among Saskatchewan Government Insurance’s (SGI) Top 5 insurance fraud claims of 2023.  The

Person handing a stack of money toward the camera as a form of insurance salaries
News AlbertaB.C.BrokersCommercialCommercial AutoInsurersManitobaOntarioPersonal AutoPersonal HomeQuebecSaskatchewan

What commercial and personal lines brokers make in 2024

March 18, 2024 by Alyssa DiSabatino

Across the country, commercial lines P&C broker executives and commercial lines team leads make more money on average than their personal lines counterparts, Impact Recruitment’s newest data shows.  The second iteration of Impact’s annual Insurance Salary Guide shows base pay

Blizzard in city. Winter weather. Deep snow
News AlbertaB.C.CatastrophesClaimsInsurersManitobaSaskatchewan

What Western Canada’s deep freeze cost insurers

March 11, 2024 by David Gambrill

Canada’s property and casualty insurers rang in 2024 by paying out $180 million to repair damage caused by Western Canada’s deep freeze in mid-January. Insurance Bureau of Canada (IBC) released the figure Monday, which is based on industry claims totals

Concept of home insurance price increases
News CatastrophesClaimsClaims Canada ArchiveManitobaNew BrunswickP.E.I.Personal HomeSaskatchewan

How home insurance premiums are trending

March 6, 2024 by Jason Contant

Canadian home insurance policyholders should brace for price increases this year following a nearly 8% year-over-year increase since the beginning of the year, according to internal data from rate comparison site My Choice Financial. Canada’s home insurance landscape is poised for

Female leader mountain climber is celebrating her success and watching the beautiful scenery of forest and mountain range
News B.C.BrokersCatastrophesClaimsInsurersLoss TrendsNew BrunswickNewfoundland & LabradorNova ScotiaOntarioP.E.I.Personal AutoPersonal HomePropertyQuebecSaskatchewan

Home, auto rate increases in 2023 “highest…seen in years.”

January 26, 2024 by David Gambrill

Canadian auto insurance rates increased 10% in 2023 compared to 2022, and similarly home insurance rates saw an increase as well — up 6.6% last year, according to the latest release of the Applied Rating Index. “The close of 2023

Burst pipe during freezing weather
News AlbertaB.C.BrokersClaimsClaims Canada ArchiveEnvironmentalManitobaPersonal HomeQuebecSaskatchewan

Brokerage sees nearly 200% increase in cold weather claims

January 18, 2024 by Jason Contant

With temperatures plummeting across Canada recently, one insurance brokerage has seen a 191% increase in cold weather-related claims in the early days of 2024 compared to 2023. “Over the past couple of weeks, we’ve seen almost three times as many

A city worker shovels snow in Vancouver
News AlbertaB.C.ClaimsClaims Canada ArchiveEnvironmentalManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNWTOntarioPersonal HomeQuebecSaskatchewan

Snowstorm inbound for Metro Vancouver as winter weather rages across Canada

January 16, 2024 by The Canadian Press

VANCOUVER – Environment Canada says a snowstorm is expected to hit Metro Vancouver, Greater Victoria and beyond, bringing up to 20 centimetres of accumulation and possible freezing rain to southern British Columbia. The weather agency has issued a snowfall warning

Contractor on ladder with cell phone figuring out hail damage repair costs for customer.
News CatastrophesClaimsCommercialConstructionEmerging RisksEnvironmentalInsurersOntarioPersonal HomePropertySaskatchewan

How restoration firms are growing in Canada

December 14, 2023 by Alyssa DiSabatino

With natural disasters on the rise, restoration firms are responding to the growing need through expansions and acquisitions, according to recent announcements.   Intact subsidiary On Side Restoration has acquired Superior Disaster Services Ltd., in a deal that closed Dec.

Pooling water during heavy rain in Montreal in October.
News CatastrophesClaimsClaims Canada ArchiveEnvironmentalOntarioQuebecSaskatchewan

Climate change battering municipal finances across Canada

December 11, 2023 by Thomas MacDonald - THE CANADIAN PRESS

MONTREAL – The hamlet of Gore, Que., had the foresight to start preparing for more intense annual flooding due to climate change a decade ago. That’s when the rural township 60 kilometres northwest of Montreal began quadrupling the size of

Winter driving on a slippery road
News AlbertaB.C.ClaimsManitobaNew BrunswickNewfoundland & LabradorNova ScotiaOntarioP.E.I.Personal AutoQuebecSaskatchewan

Why more Canadian drivers are using winter tires

November 14, 2023 by Jason Contant

Winter tire use in Canada is increasing, with 71% of polled Canadian drivers outside of Quebec now using winter tires, up from 63% in 2022, according to a survey conducted by Leger for the Tire and Rubber Association of Canada