Industry
VANCOUVER – Richard Bosma’s cows had been home for less than a week after an evacuation due to flooding in Abbotsford, B.C., before temperatures plummeted on his farm. Bosma, who credits his faith with helping him remain resilient in a year that has seen record-breaking heat, flooding and now freezing temperatures, said a friend’s comment […]
By Jason Contant | January 4, 2022
4 min read
Insurers will be glad to know consistent messaging about the value of winter tires appears to be working. An annual survey by the Tire and Rubber Association of Canada (TRAC) found 69% of 1,521 Canadian drivers polled outside Quebec (where the seasonal tire change is mandatory) rely on winter tires. That’s up from 65% in 2020. […]
By Phil Porado | December 31, 2021
1 min read
From an outsider’s perspective, Joanne Arenas was doing everything right. As she approached her mid-30s, she was committed to working out, eating well and living a rich social life. Behind the scenes, it was a different story…one Joanne felt dimmed the light inside her as she worked to change herself to fit in with the […]
By Jason Contant | December 30, 2021
3 min read
A late-summer hailstorm that swept across prairie provinces spurred record claims in Saskatchewan, the province’s public auto insurer said. The Aug. 31-Sept. 1 storm hit parts of Regina and other areas of the province with golf ball-sized hail, and strong winds and rain, said Tyler McMurchy, manager of media relations with Saskatchewan Government Insurance (SGI). […]
By Phil Porado | December 30, 2021
British Columbia’s Civil Resolution Tribunal (CRT) recently dismissed a strata corporation’s claim against lot owner Julia Boyle who allegedly contravened a bylaw by not using her own fob to enter the strata’s parkade, resulting in the damage of the vehicle as well as the parkade gate. The strata’s reliance on inapplicable bylaws as justification for […]
By Jason Contant | December 29, 2021
Dave Phillips, senior climatologist with Environment Canada, has been compiling a Top 10 list of Canada’s weather events for more than two decades. Here are his picks for 2021: Heat dome in Western Canada: At the end of June, a sprawling high-pressure ridge with incredible strength, height, scope and persistence compressed air enough to […]
By The Canadian Press | December 29, 2021
2 min read
Canada’s federal government offered a lifeline to businesses struggling amid the latest wave of the COVID-19 pandemic by expanding eligibility for two benefit programs. Prime Minister Justin Trudeau and several members of his cabinet announced Wednesday that, due to the increasingly widespread Omicron variant and spiking COVID-19 cases, the government will change eligibility requirements for […]
By Jason Contant | December 24, 2021
As of Dec. 15, the federal government advised Canadians to avoid non-essential travel outside of Canada. These advisories could pose problems for those who made plans to travel during the holiday season. “This is a response to the growing challenges, not only in Canada but around the world,” said Elliott Silverstein, Director, Government Relations, CAA Insurance. “We saw […]
By Alyssa DiSabatino | December 24, 2021
Canadian women are in the driver’s seat when it comes to auto insurance rates. Depending on where they live, women pay about 5%-to-15% less in vehicle insurance premiums than men, according to RateLab.ca. In 2020, women paid an average $141 per month, compared with a $163 monthly average for men. Men’s higher premiums are linked […]
By Phil Porado | December 24, 2021
December 24th is an exciting date for many children — along with the young at heart. But for Santa, it’s all work and potentially an insurance nightmare if he doesn’t have proper coverage. So, if the jolly, red-suited man himself drops by your brokerage this week, ensure he has standard commercial business liability and auto […]
By Phil Porado | December 23, 2021
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