Quantum computing holds promise for dozens of industries, including property and casualty (P&C) insurance. But there are also downsides to the technology. For one, quantum computers are not yet that stable and must operate in extremely controlled environments. It’s not…
A new report by the Government of British Columbia details its commitment to developing a provincially coordinated floodplain mapping program, and sheds light on how and where it intends to rebuild communities after a flood. More specifically, the report, From…
Quebec’s financial services regulator has announced strategic adjustments aimed at streamlining its organizational structure. “The main adjustments put forward will allow the organization to focus on its clientele and the quality of services provided to them,” the Autorité des marchés…
OTTAWA – Nearly a year after Health Canada issued a draft recommendation to designate an entire class of chemicals as toxic, environmental experts say it’s time to actually do something about it. There are now more than 10,000 variations of…
The Town of Strathmore recently finalized its hazard reduction burn plan, which aims to reduce the risk of grass and wildfires in the local region. According to the town, the plan aims to assess grassland fuels on the landscape within…
Canada’s upcoming national flood insurance program needs to specify exclusions, phase in risk-based premiums, and provide incentives for flood resilience measures, the Canadian Climate Institute (CCI) says in a recent blog. A low-cost flood insurance program should drive safer decisions…
This winter clocked in as Canada’s warmest winter ever, and adjusters are already sounding the alarm that a winter with no or little snow could mean more wildfire claims over the rest of the year. Snowpack in winter is one…
Online insurance comparison platform HelloSafe has announced a strategic partnership with GuardTree Inc., which calls itself Canada’s first monthly subscription-based used car warranty product. The partnership allows Ontario drivers to compare a wide range of auto insurance guarantee options through…
The cost of insurance for local municipalities continues to rise. Springwater Township received its annual insurance renewal notice last Friday at a cost of $625,709.52. That’s almost $42,000 more than last year, or slightly more than seven per cent. According…
Editor’s Note: This article has been updated to clarify the different ways in which adjusters in Canada earn compensation. In-field adjusters are making slightly more than their desk adjuster and claims representatives counterparts, according to Impact Recruitment’s 2024 Insurance…
TORONTO, ON, MARCH 20, 2024 /insPRESS/ – 30 Forensic Engineering, Canada’s leading multidisciplinary forensic firm, is pleased to announce the promotion of Hannah Van Staveren, B.A.Sc., M.Eng., E.I.T. to Intermediate Associate within our Human Factors group. Hannah holds a Master of…
CALGARY, AB, MARCH 20, 2024/insPRESS/ – Emergency Security Management (ESM), a division of Xpera Risk Mitigation & Investigation and Canada’s leading provider of uniformed security services, is pleased to announce the appointment of Peter Waring as Director, ESM, Western Canada.…