Canadian Underwriter

Topic Saskatchewan

A small Canadian flag is staked out on top of a map of Canada
News AlbertaB.C.CatastrophesEnvironmentalInsurersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

Canada’s most-exposed flood regions

June 10, 2022 by Alyssa DiSabatino

Quebec has the highest historical average annual loss (AAL) for flood faced by any region across the country, at $861.3 million, but Yukon’s average annual loss per residential address (RA) stands at $925, well above Quebec’s $229 loss per residence.

Group of business people assembling a jigsaw puzzle
News BrokersCommercialManagementManitobaMergers and AqcuisitionsOntarioOperationsPersonal AutoPersonal HomeSaskatchewan

Canadian P&C brokerage space sees four M&A deals in June

June 8, 2022 by Jason Contant

Merger and acquisition activity in the Canadian P&C insurance industry is showing no sign of slowing down in the second half of 2022, with the announcement of four transactions by three brokerages already since the beginning of June. McDougall Insurance

Container freight train accident
News ClaimsCommercialSaskatchewan

Man killed in Saskatchewan train car accident

May 27, 2022 by The Canadian Press

EDGELEY, Sask. – A Saskatchewan man is dead after the road maintenance vehicle he was driving collided with a train on Thursday afternoon. It happened about three kilometres west of Edgeley, Sask. at a level crossing around 12 p.m. Thursday

Delta flooding after hurricane.
News AdjustersAlbertaB.C.BrokersCatastrophesClaimsClaims Canada ArchiveClaims ProfessionalsClaims TechnologyEnvironmentalLoss ControlLoss TrendsManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.Personal AutoPersonal HomePropertyQuebecSaskatchewanTechnologyYukon

How to speed up claims response for NatCats

May 25, 2022 by Yasser Korany, Mario Delorme and Mazen Habash

Extreme weather events have become common, some bringing unprecedented levels of destruction to structures and facilities, overwhelming owners, property managers and insurers. In response, nearly all major insurers have created centralized Cat units dedicated to handling claims arising from extreme

A canola grain silo with solar panel
News AlbertaClaimsCommercialEnvironmentalManitobaSaskatchewan

Stakes are high for farmers as 2022 crop shapes up to be most expensive in history

May 25, 2022 by Amanda Stephenson - THE CANADIAN PRESS

CALGARY – The stakes are high as Canadian farmers take to the fields to plant 2022’s crop, which some are saying could find a place in the record books as “the most expensive ever.” On her family’s farm northeast of

Shot of a businesswoman standing inside a glass building with a reflection of the city in the background
News HRInsurersSaskatchewan

SGI announces first woman president and CEO

May 19, 2022 by Alyssa DiSabatino

Penny McCune will become the first woman to serve as president and CEO of Saskatchewan Government Insurance (SGI), effective June 1.   She succeeds former president and CEO Andrew Cartmell, who retired on April 4, 2022, after a 12-year tenure

A barren farm field
News AlbertaCatastrophesEnvironmentalManitobaSaskatchewan

The window of opportunity to address increasing drought and expanding drylands is vanishing

May 10, 2022 by The Canadian Press

By Margot Hurlbert, Canada Research Chair, Climate Change, Energy and Sustainability, University of Regina – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information

Driver handing over a license.
News AlbertaB.C.BrokersClaimsCommercialCommercial AutoConstructionCyberInsurersLegalLiabilityLicensingManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

Beware the tax implications of unlicensed insurance

May 3, 2022 by Jason Contant

If you’re looking to place a risk through an insurer that’s not licensed to write business in Canada, it’s important to understand the requirements around filing federal and provincial taxes, as well as special broker licenses. Although direct placement with

A storm is expected to drop 40-60 cm of snow.
News ClaimsEnvironmentalManitobaPersonal AutoSaskatchewan

Blizzard closes schools, shuts roads in parts of Manitoba and Saskatchewan

April 14, 2022 by Steve Lambert - THE CANADIAN PRESS

WINNIPEG – Heavy snow and strong winds were combining in a spring blizzard expected to last three days across southern Manitoba and a section of southeastern Saskatchewan. Schools were closed in many areas, roads were shut down and most flights

Auto accident damage at intersection.
News AlbertaB.C.BrokersClaimsCommercial AutoInsurersLegalLiabilityLicensingLoss ControlLoss TrendsManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.Personal AutoPropertyQuebecSaskatchewanYukon

A car crashes in Ontario: Why Canadian auto insurers pay attention

April 13, 2022 by Daniel Strigberger

People love to visit Ontario. Unfortunately, some of them get into car accidents. Why should a visitor’s auto insurer care about accidents in Ontario? Because when a non-resident is involved in an auto accident in the province, their insurers will

Mergers and acquisitions concept
News AlbertaBrokersCommercialManagementManitobaMergers and AqcuisitionsSaskatchewan

Four Canadian brokerages swept up in latest M&A deals

April 11, 2022 by Jason Contant

Western Canada is the target for the latest rounds of acquisitions from large Canadian P&C brokerages. Intact Financial Corporation subsidiary BrokerLink and Westland Insurance Group announced recent acquisitions in northern and southern Alberta, Saskatchewan, and Manitoba. Westland Insurance Group also

Traffic accident between red and green toy cars
News InsurersPersonal AutoPersonal HomeSaskatchewan

Top 5 wild and wacky insurance fraud claims

March 22, 2022 by Jason Contant

Saskatchewan Government Insurance (SGI) saved approximately $6 million in 2021 from “hundreds of people” attempting to make fraudulent claims, the public insurer reported last week. “SGI’s Special Investigations Unit (SIU) investigates wild and wacky insurance claims, many of which turn