Keyword
Atlantic Canada
The Co-operators reports net income of $34.6 million for Q1 2017, combined ratio of 102.5%
May 2, 2017 by Canadian UnderwriterGuelph, Ont.-based Co-operators General Insurance Company has reported a consolidated net income of $34.6 million for the first quarter of 2017 ending March 31, down from $39.3 million in the first quarter of 2016. The company’s combined ratio, excluding market…
Survival Instinct
April 1, 2017 Angela Stelmakowich, EditorKent Rowe sees opportunity in change, and technology can prove an excellent vehicle for getting independent brokers where they need to go.
Massive storm continues slow march east after paralyzing Maritimes
February 14, 2017 Alison Auld and Michael MacDonald - THE CANADIAN PRESSHALIFAX – Parts of Atlantic Canada remained under a blizzard warning Tuesday after a massive storm descended on the region, dumping a thick blanket of snow and unleashing howling winds before marching off to Newfoundland. Environment Canada issued the warnings…
Tough slogging expected across Atlantic Canada in wake of major storm
February 10, 2017 The Canadian PressSchools were closed and travel hampered in much of Atlantic Canada on Friday due to a fast-moving and powerful winter storm that blew in from the United States on Thursday night. Environment Canada had issued multiple snow, storm surge and…
U.S. severe weather, flooding leads to billion-dollar cost for insurance industry in January: Aon Benfield
February 9, 2017 by Canadian UnderwriterMajor severe weather and flood events in the United States in January led to billion-dollar cost for the insurance industry, according to Aon Benfield’s latest Global Catastrophe Recap. The January report noted that separate major severe weather outbreaks swept across…
Canadian auto sales to edge down in 2017: Scotiabank
February 7, 2017 by Canadian UnderwriterCanadian auto sales are expected to edge down to 1.94 million units in 2017, coming off four consecutive record years, according to the Scotiabank Global Auto Report, released on Tuesday. Despite the beginning of a sales recovery in the resource-rich…
Winter storm dumps 35 centimetres of snow on parts of Atlantic Canada
January 9, 2017 The Canadian PressHALIFAX – Parts of Atlantic Canada were digging out Sunday after a winter storm dumped 35 centimetres of snow on some areas. Environment Canada says as much as 35 centimetres of snow fell over parts of Nova Scotia and P.E.I.…
26% of Canadians looking forward to driverless cars, many neutral, new Kanetix survey finds
January 4, 2017 by Canadian UnderwriterSlightly more than one in four (26% of) Canadians said they “couldn’t wait” for the day when driverless cars would become a reality, according to newly released survey results from Kanetix.ca, an online comparison site for insurance, mortgages and credit…
IBC’s top 10 stolen vehicles list for 2016 shows 6% increase in auto theft over 2015
December 6, 2016 by Canadian UnderwriterThe road to improving auto theft numbers has taken a negative turn for the second year in a row, increasing 6% nationally in 2016 over 2015, Insurance Bureau of Canada (IBC) reports in its newly released Top 10 Most Frequently…
Thanksgiving floods in Atlantic Canada caused more than $100 million in insured damage: CatIQ
November 18, 2016 by Canadian UnderwriterA tropical moisture system resulting from Hurricane Matthew that swept through Atlantic Canada last month has resulted in over $100 million in insured damage, according to Toronto-based Catastrophe Indices and Quantification Inc. (CatIQ). A cold front interacting with Matthew’s tropical…
Hurricane Matthew causes up to US$15 billion impact to U.S. and Caribbean economies in October: Aon Benfield
November 9, 2016 by Canadian UnderwriterHurricane Matthew, which swept through parts of the Caribbean and United States last month, is expected to cost up to US$15 billion to both economies, according to Aon Benfield’s latest Global Catastrophe Recap. Released on Wednesday, the report from Aon…
Archway Insurance purchases H.S. Terris Insurance
October 24, 2016 by Canadian UnderwriterArchway Insurance has enhanced its commitment to Nova Scotia’s Cumberland County, where its head office is located, with the purchase of Springhill-based H.S. Terris Insurance. Effective Nov. 1, Amherst, N.S.-based brokerage announced Monday, the acquisition will build on its presence…