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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

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