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Intact’s commercial ridesharing insurance policy gets green light in Ontario

July 8, 2016 by Canadian Underwriter

The Financial Services Commission of Ontario has approved a commercial ridesharing insurance policy offered by Intact Financial Corporation (IFC) in partnership with Uber Canada. Effective July 7, 2016, IFC reports in a statement that the product will provide protection to

News CatastrophesInsuranceMergers and Aqcuisitions

Nearly $3.6 billion in insured losses from Fort McMurray wildfire: CatIQ

July 7, 2016 by Canadian Underwriter

Insured damage from the recent wildfire affecting Fort McMurray, Alta. is estimated at $3.58 billion, Insurance Bureau of Canada’s vice president western and Pacific, Bill Adams, said Thursday. A third of the $3.58 billion loss is commercial property, 5% is

News InsuranceLegalMergers and AqcuisitionsTechnology

Aon supports Alberta’s move to give the green light to ridesharing insurance

July 6, 2016 by Canadian Underwriter

Aon Risk Solutions is offering tailor-made personal line insurance policies that recognize ridesharing to the hundreds of Uber drivers who require coverage in Alberta. There are no restrictions related to driver age, years licensed or the amount of weekly ridesharing

Feature CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Response to Recovery

July 2, 2016 Bill Adams, Vice President, Western and Pacific, Insurance Bureau of Canada

What has been projected to be Canada’s largest insured loss event, the wildfire in and around Fort McMurray, perhaps will become known for something more positive: how early, co-ordinated and collaborative insurance industry response can help smooth the way to recovery.

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

Alberta’s new insurance policy for TNCs a first for a Canadian province, policy available July 1

June 30, 2016 by Canadian Underwriter

A new insurance policy for transportation network companies (TNCs) is available to insurance firms licensed in Alberta as of July 1, in line with the provincial government’s recently announced TNC framework geared at promoting fairness and road safety. The insurance

News Climate ChangeInsurance

Alberta’s Notley speaks about climate plan to Trans Mountain Pipeline panel

June 24, 2016 Dean Bennett - THE CANADIAN PRESS

EDMONTON – Alberta Premier Rachel Notley says she told an environmental review panel on the Trans Mountain Pipeline that her province is doing its bit to control greenhouse gas emissions. Notley says she told the three-member panel that Alberta’s climate

News CatastrophesInsuranceTechnology

New first responder radio system, used during Fort McMurray wildfire, launching in Alberta on July 1

June 23, 2016 by Canadian Underwriter

The province of Alberta has announced that a new first responder radio system will launch on July 1. The Alberta First Responders Radio Communications System (AFRRCS) will let first responders communicate with each other more effectively, Alberta Justice and Solicitor

News CatastrophesInsuranceMergers and Aqcuisitions

140 people forced from homes due to heavy rain, flooding on Alberta First Nation

June 23, 2016 The Canadian Press

HIGH LEVEL, Alta. – Up to 140 people have been forced from their homes due to flooding on a First Nation in northwestern Alberta. Chief Joe Pastion of the Dene Tha’ First Nation says the community has declared a state

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Over 30 Juno Awards to be represented on stage to perform at Benefit Concert #BackFortMac, Monday June 27

June 21, 2016 #BackFortMac

Toronto – Hub International’s Eileen Greene is challenging the insurance industry, companies, vendors, brokers and suppliers to step up to the plate to support the fundraising concert #BackFortMac on Monday June 27, 2016 at Toronto’s Roy Thomson Hall at 7:30 p.m.

News CatastrophesConstructionInsuranceMergers and Aqcuisitions

Alberta community still busy rebuilding since flooding hit three years ago

June 20, 2016 The Canadian Press

HIGH RIVER, Alta. – It’s been a busy three years for one of the southern Alberta communities hardest hit by extensive flooding three years ago. The mayor of High River south of Calgary says the town has come back stronger

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‘There’s nothing left:’ The story of one man’s return to Fort McMurray

June 5, 2016 By Lauren Krugel - The Canadian Press

FORT MCMURRAY, Alta. – Farid El-Hayouni manages to keep it together until he sees what is left of his son’s bike. Along the drive up Highway 63 into Fort McMurray, he makes a series of matter-of-fact observations about what “the

News CatastrophesInsurance

Big cleanup job underway at downtown Fort McMurray brew pub

June 5, 2016 By Lauren Krugel – THE CANADIAN PRESS

FORT MCMURRAY, Alta. – On May 3, patrons at the Wood Buffalo Brewing Company on downtown Fort McMurray’s main drag had to leave their pints and plates on the table as a massive forest fire breached the city and everyone