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Hurricane Fiona
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Coastal storms: Could U.S. scenario happen here?

November 1, 2023 Philip Porado

Increasing intensity of hurricanes making landfall along the U.S. coastline, sparked largely by climate change, has resulted in significant insured losses for several years. And storms seem to be getting worse. That trend impacts insurability and, going forward, “property values

Hurricane Fiona Cloud Map Nova Scotia 3D Render Color
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Hurricane Lee: Why the Canadian P&C industry is watching

September 7, 2023 by David Gambrill

Hurricane Lee is strengthening into a powerhouse Category 5 storm, and some preliminary scenarios suggest it could hit Atlantic Canada as a tropical storm sometime next week, AccuWeather is forecasting. “Lee poses a risk to people from the northern Caribbean

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Thousands of Nova Scotians without power after first winter storm of 2021

January 4, 2021 The Canadian Press

HALIFAX – A prolonged holiday warm spell ended with a vengeance over the weekend across Atlantic Canada, leaving double-digit snowfall totals in three provinces and thousands of Nova Scotia residents in the dark on Sunday. The website for Nova Scotia

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Latest forecast has Hurricane Teddy on a course for Atlantic Canada

September 21, 2020 The Canadian Press

HALIFAX – Weather warnings have been issued for virtually all of Atlantic Canada as hurricane Teddy advances toward the East Coast. A tropical storm watch is in effect for the Atlantic coastlines of mainland Nova Scotia and Cape Breton, where

News BrokersMarkets / CoveragesMergers and Aqcuisitions

Will Archway expand outside of Nova Scotia and New Brunswick?

August 3, 2018 by Jason Contant

One of Atlantic Canada’s largest brokerages, Archway Insurance, may be looking to eventually move outside of the two provinces where it currently does business: Nova Scotia and New Brunswick. On Aug. 1, Archway announced that it had added its 24th location

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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 Earnings / RatingsInsurance

Where premiums actually went down in Canada

July 17, 2018 by Jason Contant

Average premiums for personal auto in Atlantic Canada decreased for the second consecutive quarter, according to Applied Systems’ latest quarterly rating index. On the other side of the country, in British Columbia, average personal property premiums also decreased for the

News CatastrophesClaimsClimate Change

Tropical Storm Chris tracks towards Nova Scotia

July 9, 2018 by Greg Meckbach

Storm weather arising from a hurricane could hit Nova Scotia Wednesday night, with a low but not zero probability of hurricane-force winds hitting Canada’s east coast. Tropical Storm Chris is expected to start moving northeast and reach hurricane status Tuesday,

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Fierce storm causes storm surges, extensive power outages in Atlantic Canada

January 8, 2018 Alison Auld - THE CANADIAN PRESS

HALIFAX – Work crews were fanning out across parts of Atlantic Canada on Friday after a fierce winter storm blasted the region with hurricane-force winds that flooded coastal roads, knocked out power and lashed waterfronts with surging seas. Tens of

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Archway Insurance joins forces with Jack & Co. Ltd.

November 2, 2017 by Canadian Underwriter

Atlantic Canada’s Archway Insurance is joining forces with Halifax-based Jack & Co. Ltd. and its affiliate, AFC Insurance Services of Cole Harbour, in a move meant to enhance the capabilities and extend the reach for both entities. The intent of

News CatastrophesInsuranceMergers and Aqcuisitions

Emergency broadcast station being considered in New Brunswick following January ice storm

August 21, 2017 by Canadian Underwriter

New Brunswick’s primary electrical utility in the province, NB Power, and the province’s Emergency Measures Organization (EMO) said on Friday that they considering creating a dedicated emergency broadcast station to provide essential information to people in the province in times of crisis. The consideration is one of 51 recommendations contained in a provincial review of the Atlantic Canada storm in the winter of 2017, released on Friday. From Jan. 24-26, an ice storm hit central and eastern New Brunswick, from Miscou Island to Sackville. The intense low-pressure system resulted in…

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Loblaw to keep operating PC Financial home & auto brokerage after ending banking relationship with CIBC

August 17, 2017 by Canadian Underwriter

PC Financial Insurance Broker Inc. – which places home and auto insurance in Ontario, Alberta and Atlantic Canada – will continue to be owned and operated by grocery and drug retailer Loblaw Companies Ltd., a PC Financial spokesperson told Canadian Underwriter Wednesday.
President’s Choice Bank, a Loblaw unit, announced Wednesday it has ended its 20-year relationship with the Canadian Imperial Bank of Commerce.
“Everyday banking products, including savings, chequing and mortgage accounts, previously offered under the President’s Choice Financial brand will continue to be provided by CIBC, under new branding…