Canadian Underwriter

Keyword
Quebec

News Catastrophes

Flood threat remains in Quebec and Ontario

May 15, 2019 THE CANADIAN PRESS

MONTREAL – The Canadian Forces will maintain soldiers in Quebec to remove sandbags and restore critical infrastructure in communities hit by flooding, Brig.-Gen. Jennie Carignan said Monday. And while flooding has largely stabilized or begun to subside, high water levels

News AdjustersClaimsInsuranceLegislation / Regulation

Regulator allows out-of-province adjusters into Quebec

May 1, 2019 by Jason Contant

Quebec’s financial regulator has temporarily relaxed some of its rules to allow out-of-province adjusters into the province to help deal with a large number of claims. The Autorité des Marchés Financiers (AMF) announced the change before the province began experiencing

News ClaimsInsurance

Best incentives to get homeowners to move out of floodplains

April 29, 2019 by Jason Contant

Massive flooding in Quebec has shined the spotlight on suitable incentives that may get homeowners to move out of floodplains. Quebec Premier François Legault said recently that the province will offer a maximum of $100,000 to homeowners dealing with flood

News Catastrophes

One in 1,000-year flood happening in Quebec

April 26, 2019 Giuseppe Valiante and Stephane Blais - THE CANADIAN PRESS

MONTREAL – Quebec public security officials called for the immediate evacuation of an area along the Rouge River west of Montreal on Thursday because of the risk a hydro dam could fail. Simon Racicot, director of production and maintenance with

News ClaimsInsurance

Spring melt floods thousands of Quebec homes

April 22, 2019 by Jason Contant

Nearly 2,400 homes in Quebec have been flooded following the spring melt in the province, according to statistics released early Monday morning by the provincial government. The flooding has resulted in the evacuation of more than 1,500 residents. The city

News AdjustersCatastrophes

More than 100,000 Quebeckers without power after wind, freezing rain

April 10, 2019 THE CANADIAN PRESS

MONTREAL – Premier Francois Legault says the large majority of the more than 100,000 Quebec homes still without power after Monday’s ice storm will have electricity restored by Wednesday night. Speaking to reporters in Quebec City, Legault thanked Hydro-Quebec crews,

News Catastrophes

Storm leaves more than 275,000 people without power in southern Quebec

April 9, 2019 THE CANADIAN PRESS

MONTREAL – Hundreds of thousands of people are still without power in southern Quebec after the region was hit freezing rain and strong winds. Quebec-Hydro says the storm Monday caused branches and trees to come in contact with their network,

News InsuranceMarkets / Coverages

Quebec’s cannabis agency cuts back expansion plans amid shortages

January 24, 2019 Julien Arsenault - THE CANADIAN PRESS

MONTREAL – Quebec’s cannabis agency generated about $40 million of sales in its first three months of operation, but supply shortages are forcing the public retailer to reduce its expansion plans. The province expects to have 40 points of sale

News Brokers

Why Wawanesa doubled down on the broker channel

August 8, 2018 by Jason Contant

Wawanesa Mutual Insurance Company’s recent decision to sell exclusively through independent brokers in Quebec was prompted in part by Bill 141, which requires brokerages to have at least three distribution agreements in place for personal lines with insurers that are

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

How Quebec’s largest insurance brokerage just got larger

August 8, 2018 by David Gambrill

Quebec’s largest insurance brokerage, Lussier Dale Parizeau, just got larger with the acquisition of Trinome Conseils. Trinome Conseils assists companies, associations and groups at the provincial and national levels with group insurance, pension plans, occupational health and safety, human resources

News BrokersInsurance

Wawanesa to discontinue direct channel, sell exclusively through brokers in Quebec

August 1, 2018 by Jason Contant

Wawanesa Mutual Insurance Company announced Wednesday that that it will sell its insurance products exclusively through independent Quebec insurance brokers, discontinuing direct sales to customers in the province. With this move, Wawanesa will be selling solely through brokers in all

News AssociationsBrokersInsuranceMarkets / Coverages

Quebec places number on brokerage distribution agreements with insurers

June 18, 2018 by Jason Contant

The Quebec National Assembly has adopted Bill 141, which will require brokerages in the province to have at least three distribution agreements in place for personal lines with insurers “that are not in the same financial group.” Hypothetically, brokerages could