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Consumers are more aware of their risks, but are equally concerned about their increased costs
By Alyssa DiSabatino | April 3, 2025
2 min read
News
The wildfires in May 2023 destroyed 200 structures, including 151 homes
By Michael Tutton – The Canadian Press | April 2, 2025
4 min read
Yes, 2024 was rough, but Canada’s property and casualty insurance (P&C) industry navigated a flood of significant natural catastrophe loss events
By Phil Porado | April 1, 2025
3 min read
Commercial
Supply chains may be impacted, but some factors could shield Canada's P&C reconstruction industry
By Alyssa DiSabatino | April 1, 2025
How to customize your personal lines insurance offerings to appeal to your clients.
April 1, 2025
The carrier is increasing its pricing sophistication
By Alyssa DiSabatino | March 27, 2025
Brokers and insurers may see some stabilization in the market in 2022. “We saw tremendous rate pressure, high operating ratios, and low ROIs in 2019 and 2020,” said Kevin Neiles, president, Western Canada and chief markets officer at Gallagher, during a recent Gallagher Talks webinar. Along with increasing claims costs, this environment “created prolonged and […]
By Phil Porado | November 12, 2021
If you think it is easy for clients to apply for tenant insurance, you might want to consider how much trivia those tenants actually know about the property they occupy. “Every insurance application has questions that aren’t user-friendly and they are not designed to have the consumer in mind,” said Jeff McCann, CEO of insurtech […]
By Greg Meckbach | June 10, 2020
The Canadian property and casualty industry lost money on underwriting during the first six months of 2019 – a performance worse than 2016, when Fort McMurray was devastated by wildfire, A.M. Best Company Inc. reported Friday. “2019 could be another tough year,” A. M. Best associate director Raymond Thomson said during the ratings firm’s 13th […]
By Greg Meckbach | September 13, 2019
DOVER, Del. – An American judge says an insurance company must extend liability coverage to a teenager who was convicted of criminally negligent homicide after a Wilmington, Del. school bathroom attack captured on cellphone video that left a 16-year-old girl dead. The Superior Court of Delaware ruled June 12 that USAA Casualty Insurance Company must […]
By Greg Meckbach | June 18, 2019
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