Canadian Underwriter

Topic Saskatchewan

IBAC president Traci Boland
News AlbertaB.C.BrokersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.QuebecSaskatchewanYukon

New president for national brokers’ association

October 18, 2023 by Alyssa DiSabatino

Traci Boland is the new president of the Insurance Brokers Association of Canada (IBAC). Boland is partner and manager at Ontario West Insurance Brokers and Bill Blaney Insurance Brokers. She holds more than over 20 years’ experience in the industry

News BrokersCommercialCommercial AutoMergers and AqcuisitionsSaskatchewan

Major merger of three Navacord commercial brokerages

October 3, 2023 by Alyssa DiSabatino

Three Navacord brokerages are merging to create one of the largest commercial brokerages in Saskatchewan, the company announced Tuesday.  Henderson Insurance, Hoffmann Kool Insurance, and Life Line Brokers, will merge as HK Henderson, effective Nov. 1.  “The partnership creates one

Teamwork concept
News BrokersCannabisCommercialOntarioPersonal AutoPersonal HomeSaskatchewan

Westland, Hub’s latest P&C acquisitions

September 8, 2023 by Jason Contant

Westland Insurance Group and Hub International Ltd. have added to their property and casualty insurance offerings through recent M&A activity.  Westland Insurance acquired Saskatchewan personal and commercial lines brokerage Insurance Matters Inc., while Hub International acquired Ontario-based cannabis insurance brokerage

The McDougall Creek wildfire in West Kelowna, BC.
News AdjustersAlbertaB.C.ClaimsClaims Canada ArchiveEnvironmentalLoss TrendsNova ScotiaNWTPersonal HomeSaskatchewanYukon

Feds predict parts of Canada could see wildfires through winter

September 7, 2023 by The Canadian Press

OTTAWA – The latest federal government forecast says Canada’s already unprecedented 2023 wildfire season could continue late into the fall or winter.   Energy and Natural Resources Minister Jonathan Wilkinson says there is potential for increased wildland fire activity from eastern

Auto accident
News B.C.ClaimsClaims Canada ArchiveInsurersLoss TrendsManitobaPersonal AutoSaskatchewan

Is third-party liability a significant driver of auto claims costs?

August 10, 2023 by Jason Contant

Subrogation for third-party liability (TPL) in Saskatchewan doesn’t appear to have a significant impact on the cost of insurance for drivers in the province, a Saskatchewan Government Insurance (SGI) spokesperson suggested to Canadian Underwriter.  In Saskatchewan, the public insurer subrogates

Social media icon background. Multicolor balls with smile face, heart and thumbs up symbols.
News BrokersClaimsInsurersLegalSaskatchewan

Why you shouldn’t negotiate insurance contracts with emojis

July 28, 2023 by David Gambrill

Brokers and underwriters would be wise to avoid the use of emojis when negotiating insurance contracts, based on a recent ruling in Saskatchewan. Back in 2019, an Israeli judge found the use of a smiling emoji, a dancing emoji, and

Wooden grain storage elevator in Saskatchewan
News ClaimsClaims Canada ArchiveCommercialEnvironmentalLoss ControlLoss TrendsSaskatchewan

Prairie drought continues, forcing farmers to write off crops 

July 25, 2023 by Amanda Stephenson - THE CANADIAN PRESS

Saskatchewan farmers forced to write off drought-afflicted crops are being asked to consider ways to turn those crops into cattle feed instead.   The Agricultural Producers Association of Saskatchewan (APAS), an industry association, put out a plea recently to grain farmers

Connected puzzle pieces with acronym M&A
News AlbertaBrokersCommercialManagementManitobaMergers and AqcuisitionsOntarioOperationsPersonal AutoPersonal HomeSaskatchewan

M&A frenzy continues with multiple deals announced

July 19, 2023 by Jason Contant

Correction: The article has been amended to show Andrew Agencies has 22 locations, not 200 as previously reported. Canadian Underwriter apologizes for the error.    On the heels of separate deals that closed at the beginning of the month, large

3D render and image composing: Topographic Map of Canada. Including country borders, rivers and accurate longitude/latitude lines.
News AlbertaB.C.BrokersCatastrophesClaimsCommercialEmerging RisksEnvironmentalInsurersManitobaNew BrunswickNewfoundland & LabradorNova ScotiaNunavutNWTOntarioP.E.I.Personal HomePropertySaskatchewanYukon

Brokers, insurers differ on the value of numerous flood products for home owners

July 4, 2023 by Alyssa DiSabatino

Canada’s property and casualty insurance brokers have long maintained the need for a unified flood map, but insurers want to compete on their proprietary flood maps, and the ongoing differences between brokers and their insurance partners on this point became

Turning off a giant faucet to represent loss control
News BrokersCommercialLoss ControlLoss TrendsSaskatchewan

What’s changing the way commercial brokers view loss control?

June 26, 2023 by David Gambrill

It’s possible the pandemic, combined with the P&C industry’s ongoing hard market, may have permanently altered how insurers assess their risk appetites. And brokers wise to this shift have adjusted their approach to advising clients accordingly. Given that insurers are

Damaged property from recent wildfires is shown in Drayton Valley, Alta.
News AdjustersAlbertaB.C.BrokersCatastrophesClaimsInsurersNWTSaskatchewan

Losses adjusters don’t want to see from Alberta wildfires

May 24, 2023 by Alyssa DiSabatino

With wildfires raging on across Alberta and the west, adjusters are hoping the fires stay remote and spare populous areas from catastrophic losses. “We are seeing some claims and anticipate seeing many more as dangerous conditions persist,” Patricia (P.J.) Davis,

A structure destroyed by a wildfire in Drayton Valley, Alta.
News AdjustersAlbertaB.C.ClaimsClaims Canada ArchiveEnvironmentalPersonal HomeSaskatchewan

Some residents return home two weeks after Alberta wildfire evacuation

May 18, 2023 by Kelly Geraldine Malone and Angela Amato - THE CANADIAN PRESS

The mayor of a west-central Alberta town said it was emotional to return home nearly two weeks after an out-of-control wildfire forced residents to flee, but thousands elsewhere remain on edge as scores of fires continue to rage across much