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New auto insurance policy launched for borrowed vehicles

October 15, 2019 by Jason Contant

Quebec’s financial regulator and an auto insurance group have announced the launch of a new auto policy designed for drivers who don’t own a vehicle. Regulator Autorité des marchés financiers (AMF) and Groupement des assureurs automobiles (GAA) said Monday the

News InsuranceLegal

Quebec to appeal court ruling on homegrown cannabis

October 10, 2019 The Canadian Press

QUEBEC – The Quebec government says it will appeal a decision invalidating parts of Quebec’s cannabis law that prohibited home cultivation. On Sept. 3, Quebec Superior Court Justice Manon Lavoie ruled Quebec’s legislation infringed upon the jurisdiction of the federal

News Insurance

New president at Industrial Alliance Auto and Home

September 10, 2019 by Greg Meckbach

Quebec’s eighth largest property and casualty insurer has a new president. François Blais is now president of Industrial Alliance Auto and Home Insurance and Prysm General Insurance, parent company iA Financial Corporation Inc. announced Tuesday. Blais, who joined Industrial Alliance

News BrokersMergers and Aqcuisitions

The latest brokerage acquired by The Co-operators

August 27, 2019 by Greg Meckbach

Quebec insurance brokerage Cadieux Beausejour Dupras Inc. has been bought by The Co-operators Group Ltd. Guelph, Ont.-based The Co-operators, Canada’s fifth-largest property and casualty insurer, announced the Cadieux Beausejour Dupras acquisition Tuesday. As a result, Cadieux Beausejour Dupras will become

News AdjustersCatastrophesClaims Canada

Post-flood demolition begins in Ste-Marthe-sur-le-Lac

August 19, 2019 THE CANADIAN PRESS

STE-MARTHE-SUR-LE-LAC, Que. – Four months after a dike ruptured and forced 6,000 people from the town of Ste-Marthe-sur-le-Lac, demolition work has begun on flood-stricken homes in the community west of Montreal. Roland Gariepy, 77, paid a visit to his old

News CatastrophesClaimsInsurance

Where spring showers have done much of the damage in 2019 1H

August 14, 2019 by Jason Contant

Payout amounts and the number of claims related to severe weather in Quebec have increased dramatically in the first half of the year compared to 2018, Insurance Bureau of Canada (IBC) reported recently. Successive weather events marked the first half

News Insurance

Tornado overturns camper vans in Quebec

August 1, 2019 The Canadian Press

MONTREAL – Environment Canada has confirmed it was indeed a tornado that roared through the Lac-aux-Sables area west of Quebec City on Tuesday, sending camper vans flying, uprooting trees and sending three people to hospital. Meteorologist Andre Cantin said the

News InsuranceLegislation / RegulationMarkets / CoveragesReinsurance

How to make earthquake insurance sexy

June 28, 2019 by Jason Contant

Quebec’s financial regulator, the Autorité des marchés financiers (AMF), is working with the property and casualty insurance industry to make the earthquake insurance product more attractive to insurers, brokers and consumers. In its 2017-2020 Strategic Plan released Thursday, AMF said

News ClaimsLegal

Sexual abuse class-action against Montreal oratory can proceed

June 7, 2019 by Greg Meckbach

If you provide commercial liability coverage for religious organizations, you might want to check Friday’s Supreme Court of Canada’s decision in L’Oratoire Saint-Joseph du Mont-Royal v. J.J. The decision paves the way for a class action lawsuit against Montreal’s St.

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