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B.C. extends state of emergency for second time over wildfires

August 4, 2017 The Canadian Press (CPSTF)

VICTORIA – The British Columbia government has extended a state of emergency declared in response to the raging wildfires that have devastated numerous areas of the province’s Interior. This is the second time Premier John Horgan’s government has extended the

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17% of secondary rental suites in Ontario, Alberta and B.C. considered illegal: Square One Insurance survey

August 3, 2017 by Canadian Underwriter

Seventeen per cent of rental suites in detached houses in Ontario, Alberta and British Columbia are considered illegal, a new survey from Vancouver-based Square One Insurance Services Inc. has found. The study involved a survey of more than 5,500 homeowners

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Intact CEO hopes B.C. is ‘starting to think about introducing more competition’ in auto insurance

August 2, 2017 by Canadian Underwriter

Nine days after Insurance Corporation of British Columbia released a report it commissioned to Ernst & Young LLP on reforming auto insurance, the chief executive officer of Intact Financial Corp. suggested it is “better to have a competitive marketplace” in

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Wildfire spreading west of 100 Mile House, B.C. as evacuation orders in effect

July 7, 2017 The Canadian Press (CPSTF)

100 MILE HOUSE, B.C. – A wildfire in British Columbia’s Cariboo region has scorched more than 12 square kilometres of bush near 100 Mile House. The BC Wildfire Service says heavy smoke makes it difficult to determine the exact size

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SGI pursues legal action against two liquor establishments following four impaired driving deaths

July 6, 2017 by Canadian Underwriter

Saskatchewan Government Insurance (SGI) announced on Thursday that it has pursued legal action for the first time against two liquor establishments in connection with an impaired driving case that claimed a family of four in January 2016. SGI said in

News CatastrophesInsuranceMergers and Aqcuisitions

Trans-Canada Highway closed as wildfire spreads west of Kamloops, B.C.

July 6, 2017 The Canadian Press (CPSTF)

KAMLOOPS, B.C. – An out-of-control wildfire is burning through the Cherry Creek area west of Kamloops, B.C. The BC Wildfire Service says the 15-hectare fire has damaged one outbuilding and partially effected a residence in the area. Spokeswoman Justine Hunse

News CatastrophesInsuranceMergers and Aqcuisitions

Wildfire south of Penticton, B.C. forces evacuation order, alert

July 5, 2017 The Canadian Press (CPSTF)

PENTICTON, B.C. – Fire crews appear to have the upper hand on a wildfire that roared to life Tuesday in the south Okanagan community of Kaleden, B.C. BC Wildfire Service spokeswoman Justine Hunse says the fire that has scorched 6.5

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Forecast thunderstorms add to flooding concerns across southern B.C.

May 31, 2017 The Canadian Press

VANCOUVER – Residents in several areas of British Columbia are bracing for severe thunderstorms as another round of wicked weather bears down on flood-weary regions. Environment Canada has issued severe thunderstorm watches for areas including the Shuswap and Okanagan east

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Heavy rain likely to cause new or more flooding in Quebec and Ontario

May 5, 2017 Michelle McQuigge - THE CANADIAN PRESS

Persistent, steady rains soaking swaths of central and eastern Canada that have already endured record precipitation levels threatened to trigger widespread flooding Friday and put residents and governments on high alert. Environment Canada said a massive system is slowly drenching

News CatastrophesInsuranceMarkets / Coverages

Aftershocks still rumbling following 6.2 quake that jolted Yukon, northwest B.C.

May 2, 2017 The Canadian Press

WHITEHORSE – More than 100 aftershocks had shivered across the Alaska Panhandle, southern Yukon and parts of northwestern British Columbia by early Tuesday following two powerful earthquakes a day earlier, but seismologists say while people need to be prepared, it

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Six Kaslo, B.C., homes still evacuated after slide, order lifted for 41 others

April 19, 2017 The Canadian Press

KASLO, B.C. – The threat of further slides is keeping six families out of their homes in southeastern B.C., but residents of 41 other properties were allowed to return Tuesday night. The Regional District of Central Kootenay downgraded an evacuation

News InsuranceLegislation / RegulationMergers and Aqcuisitions

ICBC board finalizes terms of reference for independent review of insurance rates

January 26, 2017 by Canadian Underwriter

The Insurance Corporation of British Columbia’s (ICBC) Board of Directors (BoD) has finalized the terms of reference for an independent review of the fairness and affordability of basic insurance rates in the province, with the idea being to limit future