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crop insurance

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Why crop insurance won’t come soon enough for these Prairie farmers

November 11, 2019 Bill Graveland - THE CANADIAN PRESS

Winter’s icy fingers have touched most of the Prairies since late September, causing havoc and frustration for many farmers trying to get crops off their fields. Dave Reid, who farms near Cremona, northwest of Calgary, estimates 20 to 25 per

News InsuranceTechnology

Insurtech platform bridges gaps in agricultural insurance

July 24, 2019 by Jason Contant

A Winnipeg-based provider of scalable digital solutions for the agricultural industry has launched what it calls the industry’s first insurtech platform combining field-level data, remote sensing, artificial intelligence-driven models and secure automation technology. The platform creates a “new digital connection

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Cats a significant driver in Everest Re Group’s posting US$639.4 million net loss in 2017 Q3

October 31, 2017 by Canadian Underwriter

Losses from hurricanes Harvey, Irma, Maria (HIM) and the Mexico City earthquake contributed to Everest Re Group, Ltd. posting a US$639.4 million net loss for 2017 Q3 compared to net income of US$295.4 million for the prior-year quarter. For the

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Saskatchewan Party leadership candidate proposes rolling back PST on insurance products

August 30, 2017 by Canadian Underwriter

Jeremy Harrison, a candidate for the leadership of the Saskatchewan Party and MLA for Meadow Lake, said on Tuesday that he would roll back the charging of provincial sales tax (PST) to insurance products as announced recently as part of

News CatastrophesClimate ChangeInsurance

2016 was the warmest year on record for the globe, Canadian Prairies experienced one of the “longest and most active storm seasons”: report

August 11, 2017 by Canadian Underwriter

Last year topped 2015 as the warmest year in 137 years of record keeping and marked the third consecutive year of record warmth, the National Oceanic and Atmospheric Administration (NOAA) reported on Thursday. The 27th annual State of the Climate

News CatastrophesInsuranceMergers and Aqcuisitions

Crop insurance coverage levels in Saskatchewan increasing to a record $217 per acre this year

February 23, 2017 by Canadian Underwriter

Crop insurance coverage levels in Saskatchewan are increasing to a record $217 per acre in 2017, up from $216 per acre in 2016. A joint press release from Saskatchewan Crop Insurance Corporation (SCIC) and Agriculture and Agri-Food Canada on Thursday

News AssociationsCatastrophesInsuranceMergers and Aqcuisitions

Federal investment will help Manitoba farmers predict the effects of flood and drought on farmland

June 13, 2016 by Canadian Underwriter

Agriculture and Agri-Food Canada (AAFC) has announced an investment of more than $1.1 million to develop a hydrology model of Manitoba’s Assiniboine River Basin that will help predict the effects of flooding, excess moisture and extreme drought on agriculture lands.

News CatastrophesInsuranceMergers and Aqcuisitions

As risk of farm losses rise, so too do number of farmers buying crop insurance

May 10, 2016 Ian Bickis - THE CANADIAN PRESS

CALGARY – Kelly McIntyre has tilled the soils of northwestern Alberta for more than 30 years, but only this spring did he conclude that he needed crop insurance. “There just seems to be increased risk, more risk all the time,”