Topic Saskatchewan
Storms in Saskatchewan and Alberta cost $120 million: CatIQ
September 27, 2021 by Jason ContantTwo storms this summer across Saskatchewan and Alberta caused a total of $120 million in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). Severe storms beginning Aug. 31 brought flash flooding and large hail that…
This weather event resulted in 7,200 claims
September 7, 2021 by Jason ContantAn intense storm that swept through parts of Regina and elsewhere in Saskatchewan last week has resulted in more than 7,200 claims to date, the province’s government auto insurer said Tuesday. The Aug. 31-Sept. 1 storm brought golf ball-sized hail…
How brokers can maintain community sponsorships in a pandemic
August 27, 2021 by Greg MeckbachThe COVID-19 pandemic has forced Canadian property and casualty insurance brokerages to find new ways of marketing their brand through community events and sponsorships. “One of the challenges – particularly for small and mid-sized brokerages in Western Canada – has…
What to do when restaurant and hotel clients can’t find coverage
August 20, 2021 by Greg MeckbachCommercial brokers wanting to place coverage for restaurants and hotels need to understand how those clients were affected by the pandemic and make the best case on their risk profile to carriers, says the CEO of Insurance Brokers Association of…
Grasshopper infestation affecting Prairie agriculture sector
August 11, 2021 by Brittany Hobson - THE CANADIAN PRESSA pattern of dry, hot weather across the Prairies over the past few years has resulted in a grasshopper infestation of epic proportions, with some experts saying the nuisance is negatively affecting every part of the agriculture industry. For several…
Separate hailstorms bring 2,500 claims to date
August 4, 2021 by Jason ContantTwo hailstorms in late July have resulted in about 2,500 property and auto claims to date, a spokesman for Saskatchewan Government Insurance (SGI) told Canadian Underwriter Tuesday. The storms ripped through Saskatchewan on July 22-23 and July 27-28. The larger…
Drought ravages crops and pastures across the Prairies
July 19, 2021 by Amanda Stephenson - THE CANADIAN PRESSCALGARY – Farmers are calling for emergency disaster relief as drought ravages crops and pastures across the Prairie provinces and beyond. Scorching temperatures and little to no rainfall have left crops in poor condition across wide swaths of Alberta, Saskatchewan…
Saskatchewan crews ‘fully engaged’ fighting more than 100 wildfires
July 14, 2021 by The Canadian PressProvincial fire crews in Saskatchewan are now fighting more than 100 wildfires in the province. The Saskatchewan Public Safety Agency says hot, dry weather forecast for the rest of the week, along with scattered storms producing lightning, is going to…
Temple Insurance wins appeal in construction wrap-up dispute
July 12, 2021 by Greg MeckbachTemple Insurance Company has won its appeal of a 2020 Court of Queen’s Bench of Saskatchewan ruling in a disputed construction wrap-up liability claim. Temple now has to pay some (but not all) of the legal defence costs incurred by…
How many of your clients asked their auto insurer for premium relief?
June 22, 2021 by Jason ContantMany Canadians have been driving far less during the COVID-19 pandemic, but more than half of them did not reach out to their auto insurer to inquire about discounts or changes to their policies, according to a new survey from…
Westland closes two new acquisitions in Canada
June 8, 2021 by Jason ContantWestland Insurance Group Ltd. has closed two new acquisitions in Saskatchewan, both in locations where the large brokerage didn’t have a presence before. The brokerage announced Monday it had closed the acquisitions of HK Insurance in Regina and Smith Agencies…
Why this auto insurer is proposing a ‘rate rebalance’
June 2, 2021 by Jason ContantPublic auto insurer Saskatchewan Government Insurance (SGI) is proposing a “rate rebalancing” that will result in a net 0% overall change for provincial Auto Fund rates, effective next January. Reflecting current frequency and severity trends, and in an effort to…