Keyword
crop
Hail, strong winds devastate Alberta communities
August 8, 2019 The Canadian PressTABER, Alta. – Taber corn, that tasty sweet treat on the cob that Albertans look forward to in late summer, will be much harder to find this year after a major storm ripped through the province’s southern corn belt this…
2 reasons why it’s hard to model crop risk in Canada
April 27, 2018 by Jason ContantFluctuating loss ratios and an evolving mix of crops in Canada are two factors contributing to the difficulty in modelling crop risk in the country, AIR Worldwide said recently. Rebecca Arias, the catastrophe modelling firm’s product marketing manager, wrote in…
Busy broker fined $500 for remitting premium to insurer four months late
April 7, 2018 by David GambrillA “very busy” Manitoba broker working alone with no support staff has been fined $500 by the provincial broker regulator for failing to remit an insured’s crop hail insurance premium to an insurer until four months after the due date.…
Government farm insurer not asking for documentation to support claims
December 7, 2017 by Canadian UnderwriterAn Ontario government-owned insurer should be requiring farmers to submit supporting documentation when paying production loss claims arising from harsh weather or disease, the auditor general recommended in a report tabled Dec. 6 in the legislature. Guelph-based Agricorp, a crown…
AIR Worldwide releases probabilistic crop hail model for Canada
June 26, 2017 by Canadian UnderwriterAIR Worldwide has released what the catastrophe risk modelling firm calls the industry’s first crop hail model to provide stakeholders across the crop insurance value chain with a probabilistic view of the effects of hail on Canadian crops. Currently available…
Quebec homeowners face potential post-flooding woes: mosquitoes, critters, parasites
June 12, 2017 Sidhartha Banerjee - THE CANADIAN PRESSMONTREAL – Even as swollen rivers have receded in Quebec, some experts suggest historic flooding this year could mean critter and pest-related woes in months and years to come. For now, heavy water accumulation has created standing pools of water…
Rain, snow delay harvest in Saskatchewan, but agriculture minister optimistic
October 13, 2016 The Canadian PressREGINA – Heavy rain and snow have delayed harvest in Saskatchewan, but Agriculture Minister Lyle Stewart is sounding optimistic that farmers will be able to get the crop off the field. Saskatchewan Agriculture says many areas reported at least 25…
Reinsurance cession ratio across global P&C industry registers small rise for first time in several years: Aon Benfield
September 12, 2016 by Canadian UnderwriterReinsurance demand has increased over the past 18 months, with the cession ratio across the global property and casualty insurance industry registering a small rise for the first time in several years, according to Aon Benfield’s September 2016 edition of…