Claims
Should a PACICC member fail, about 98% of all Canadian personal lines policyholders would be protected to the full value of their claim.
By Jason Contant | September 22, 2023
3 min read
Despite significant changes due to IFRS 17, 2023 is shaping up to be an “average” year at best for Canada’s P&C insurers.
By Jason Contant | September 21, 2023
Four young men travelling home after helping battle wildfires in central British Columbia are dead after a fiery head-on crash.
2 min read
Summer storms in Alberta and the Prairies caused more than $300 million in insured losses, bringing 2023 Cat losses to more than $2 billion.
By David Gambrill | September 20, 2023
B.C. will introduce “in the coming weeks'' new laws governing responses to increasingly frequent NatCats such as wildfires and flooding.
By The Canadian Press | September 20, 2023
Commercial property challenges continue to be a focal point in 2023, primarily driven by NatCat concerns and reinsurance costs, Aon said.
By Jason Contant | September 19, 2023
The industry can expect per- and polyfluoroalkyl substances (PFAS) litigation to seep into Canada, after thousands of cases in the U.S.
By Alyssa DiSabatino | September 19, 2023
An Ontario court declined to order an injunction that would stop two First Nations insurance businesses from competing against one another.
By David Gambrill | September 19, 2023
The massive fire at the Saint John harbour facility prompted officials to warn residents across the city to stay indoors and close windows.
By The Canadian Press | September 19, 2023
While Lee will generate insurance claims, largely trees downed on structures and cars, insured damage will be light when compared to Fiona.
By Alyssa DiSabatino | September 18, 2023
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