What’s needed to alleviate municipal insurance pressure
May 25, 2021 by Adam MalikMunicipal insurance rates have been rising significantly and the only way to bring them down isn’t only in the hands of the insurance industry, according to a brokerage leader. It’ll take a team effort from multiple parties. Canadian municipalities have…
How basement flood risk could rise with pandemic-induced municipal funding crunch
June 10, 2020 by Greg MeckbachThe economic repercussions of the COVID-19 pandemic could have an impact on public works projects aimed at reducing basement flooding, the head of an extreme weather risk think tank suggests. “When you are talking about how we are going to…
New money aims to help municipalities boost flood resilience
June 27, 2019 THE CANADIAN PRESSBRACEBRIDGE, Ont. – Ontario is launching a $1-million pilot project to help communities protect against effects of extreme weather after several in central and eastern parts of the province saw flooding this spring. The government has already activated a disaster…
This province seeks insurers’ input on joint and several liability reform
March 5, 2019 by Greg MeckbachThe Ontario government wants to hear from insurance companies on the controversial joint and several liability rule, which some say is unfair to deep pockets defendants. “What we are looking for is consultation with the lawyers, the insurance industry, et…