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Alberta

News CatastrophesClaimsClimate Change

Why your clients are increasingly exposed to wildfire losses

September 28, 2018 by Greg Meckbach

Climate change has turned the risk of wildfire into a year-round peril in Western Canada, a geography expert says. In the past, wildfire season started in April or May and ended some time in October, said Dominic Ford, senior geospatial

News BrokersProfessional Development

Why this brokerage is not looking to hire insurance experts

September 18, 2018 by Greg Meckbach

When Matt Alston hires workers for his property and casualty brokerage, he is not looking for a walking encyclopedia of insurance. At Surex Direct, personality “always trumps technical skills and accreditations,” said Alston, Surex Direct’s co-founder and chief operating officer.

News Earnings / RatingsInsuranceMarkets / Coverages

Where private auto insurance rates are rising the fastest in Canada

July 31, 2018 by Jason Contant

Ontario’s premium rates are rising the fastest among Canada’s private passenger auto insurance regimes, according to the Q2 2018 Auto Insurance Price Index from LowestRates.ca. A measure of only private passenger auto insurance regimes in Canada, the index from the

News CatastrophesInsurance

Canada’s best province for flood risk management

June 20, 2018 by Greg Meckbach

Five years after Albertans lost billions as a result of record floods, Ontario leads the nation when it comes to keeping properties out of high-risk areas, a catastrophe loss expert contends. “Ontario has been most aggressive at trying to make

News InsuranceLegal

Judges divided on how claimants prove involvement of unknown vehicles

May 29, 2018 by Greg Meckbach

The Court of Appeal of Alberta has ruled that motorists who claim to be hit by unidentified vehicles must prove that there was “physical contact,” and produce some kind of corroborating evidence of the involvement of an unknown vehicle. The

News InsuranceMarkets / Coverages

Southern Alberta community battles overland flooding again

April 19, 2018 The Canadian Press

SIKSIKA, Alta. – A First Nation east of Calgary is working on making roads passable as many rural areas of southern Alberta contend with overland flooding. “Road conditions are showing signs of minor improvement and crews have now begun the

News CatastrophesInsurance

Could Calgary see 2013 flooding again?

April 9, 2018 Colette Derworiz - THE CANADIAN PRESS

EDMONTON – Provincial officials are keeping a close eye on creeks and streams across Alberta as temperatures start to rise. During last week’s monthly snow survey by Alberta Environment and Parks, all of the river basins across the province still

News CatastrophesLegislation / Regulation

Alberta tables legislation to clarify responsibilities in natural disasters

April 5, 2018 The Canadian Press

EDMONTON – The Alberta government has introduced legislation to better define roles and responsibilities for decision-makers when natural disaster strikes. The proposed changes, tabled by Municipal Affairs Minister Shaye Anderson, will also provide minimum emergency management training for elected officials

News CatastrophesClaimsInsuranceMarkets / Coverages

Is storm-ravaged Alberta insurable?

February 4, 2018 by David Gambrill

Alberta has experienced a disproportionate share of the extreme weather catastrophes in Canada over the past decade, causing insurers to question whether the province is a viable place to do business. The question was raised Friday at the C4 conference

News AssociationsInsuranceMarkets / Coverages

Why thieves are targeting Ford F-series Super Trucks

December 5, 2017 David Gambrill, Editor-in-Chief

Ford F-series Super Duty trucks dominated the Insurance Bureau of Canada (IBC)’s 2017 list of Top 10 stolen vehicles because they are perfect for both individuals committing ‘opportunistic’ crimes such as joyriding and for organized crime rings looking to sell

News Insurance

How marijuana legalization could affect accident benefits

November 17, 2017 Jason Contant, Online Editor

The upcoming legalization of marijuana will have a “resultant effect upon the accident benefits and damages recovered by those involved in motor vehicle accidents,” one lawyer suggested to Canadian Underwriter on Thursday. In Ontario, entitlement to income replacement benefits, non-earner

News InsuranceLegalMarkets / CoveragesProducts

Peace Hills Insurance partners with DAS Canada on legal expense insurance

November 1, 2017 by Canadian Underwriter

Peace Hills Insurance announced on Wednesday that it has partnered with DAS Canada to offer legal expense insurance to homeowner, condo and tenant policyholders. Peace Hills Insurance said in a press release on Wednesday that the new Legal Expense Insurance