Canadian P&C industry researching the possibility of offering overland flood insurance
September 30, 2010 byCanada’s property and casualty insurance industry is conducting research into the possibility of offering overland flood insurance, which is not currently available, as part of a homeowner’s policy. Panelists at the National Insurance Conference of Canada (NICC) in Montreal noted…
Opening the Innovation Floodgates
September 1, 2010 Blair MacLeodOpinion/Analysis; Increasing water damage is going to challenge the insurance industry to become more innovative.
Sunny Days Ahead
September 1, 2010 Mary Lou O'ReillyInsurance Bureau of Canada (IBC) applauds the leadership of municipalities in adapting to climate change by taking steps to reduce water damage.
Built to a New Code
August 1, 2010 Grant Kelly, Director, Climate Change Adaptation Projects, Institute For Catastrophic Loss ReductionThe Institute for Catastrophic Loss Reduction (ICLR) has called for changes to the Ontario Building Code to help prevent water and wind damage.
High Finance
July 1, 2010 David Gambrill, EditorSharon Ludlow, the new CEO of Swiss Re’s Canadian operations, sees an opportunity for cat bonds in Canada, but only in the event of M&A activity among the industry’s major players.
EXIT Plan
July 1, 2010 Jason KwiatkowskiBrokers can help retiring business owners maximize the sale value of their business by going over an exit plan with their clients.
Preparing For The Worst; Hoping For The Best
May 31, 2010 Don ManleyA retired adjuster in British Columbia offers up a reminder, along with some tips, on why having an up-to-date catastrophe plan is essential. Every time I see a catastrophe on television — flood, fire, windstorm or earthquake — my mind…
Steamatic: Flood and Learn
May 31, 2010 byThe best way to mitigate water damage losses — and keep costs in check — is through immediate response, Dave Bonnar, director of franchising and insurance development of Steamatic, said. “The faster we can get in, the faster we can…
Canadian Market (May 01, 2010)
May 1, 2010 by Canadian UnderwriterNEW BRUNSWICK’S HOME INSURANCE MARKET SHOWING SIGNS OF “INSTABILITY” New Brunswick’s Consumer Advocate says the province’s home insurance market is showing signs of “instability.” “One of the biggest issues is the fact that home insurance premiums are on the rise,”…
Bridging Science and Society
May 1, 2010 Vanessa Mariga, Associate EditorGordon McBean, director of policy at the Institute for Catastrophic Loss Reduction (ICLR), recently received the Order of Canada for his research on climate change.
Canadian Market (April 01, 2010)
April 1, 2010 by Canadian UnderwriterCANADIAN INSURANCE SECTOR UNLIKELY CANDIDATE FOR RAPID GROWTH The Canadian insurance sector is unlikely to achieve rapid growth, reports companiesandmarkets.com, a United Kingdom-based online repository of market research reports. In its first analysis of Canadian insurance, it noted the Canadian…
Cat Calculator
February 1, 2010 Dave Gambrill, EditorThe insurance industry sorely needs a new, basic technology that will better quantify the industry’s overall value to consumers.