OTTAWA – Bank of Canada governor Stephen Poloz says it’s hard to predict when the Canadian economy will rebound from the huge Alberta wildfire that destroyed communities and forced the shut down of crucial oil operations. For Poloz, part of…
Customer satisfaction with homeowners insurance in eastern Canada is improving, while catastrophic events contribute to lower satisfaction in the western provinces, according to the J.D. Power 2016 Canadian Home Insurance Study, released on Monday. The annual study examined customer satisfaction…
Calculations partially depend on when evacuees will return to work
“This is really bad timing.”
Decrease pegged on severe weather events
Building a strong foundation for resilient communities demands the participation of stakeholders ranging from the insurance industry to government and the public. Can technology be used to bolster public buy-in and educate individuals about the role they play in making communities more resilient?
Deal complete; combined assets of U.S.-Canadian companies rank second in continent MISSISSAUGA, Ontario – FirstOnSite Restoration G.P. Inc. (the general partner of FirstOnSite Restoration L.P. ), Canada’s largest independent disaster restoration services provider, today announced that the sale of the…
CALGARY – Alberta Premier Rachel Notley says the devastating fire in Fort McMurray underlines the need for a national discussion on disaster mitigation. Notley said Tuesday she has already asked that the subject be added to the agenda for July’s…
A single financial services regulatory approach does not mean a one-size-fits-all approach at all, a speaker stressed last week at the Canadian Insurance Financial Forum at the Allstream Centre in Toronto. Lawrence Ritchie, a partner at Osler, Hoskin & Harcourt…
Company expects more projects to be restored by week’s end
In the past 10 days, there’s been more rekindling of the fires around Fort McMurray forcing more emergency evacuations. Thankfully, the weather is now changing with moisture expected to continue this week. On May 17th, police officers advised CRU adjusters…
There is a need to formalize the role that government can play in helping to manage the financial impact of a “mega cat,” speakers suggested on Wednesday at the Canadian Insurance Financial Forum (CIFF) in Toronto. “We are well-capitalized for…