Industry
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Extreme weather and climate events causing extensive damage are a fact of the Canadian climate, and this year is no exception. On June 13, a […]
By Jason Contant | September 8, 2020
4 min read
The Insurance Brokers Association of Canada (IBAC) has announced the appointment of Tom Reid as the new broker connectivity lead for the association’s Data Exchange (DX) project. “Broker connectivity is a key priority for IBAC, and the pandemic has intensified the need for strong digital solutions across the insurance industry,” IBAC chief executive officer Peter Braid […]
By Jason Contant | September 4, 2020
3 min read
An international environmental watchdog says there’s convincing evidence that oilsands tailings ponds are leaking. “There is strong scientifically valid evidence of … seepage into near-field groundwater around tailings ponds,” says a report from the Commission on Environmental Co-operation, a body set up under the North American Free Trade Agreement. Federal Environment Minister Jonathan Wilkinson said […]
Brokerage consolidation has exploded, with at least six acquisitions announced across Canada in the past week. Most recently, large brokerage Westland Insurance Group announced Wednesday the closing of four deals, adding new retail offices in British Columbia, Alberta and Manitoba. “These acquisitions strengthen our presence in western Canada and for the first time provide us […]
By Jason Contant | September 3, 2020
MONTREAL – A Montreal-area town says its insurance company is suing the maker of a dike that burst last spring, flooding streets and forcing thousands of residents from their homes. Officials from Ste-Marthe-sur-le-Lac said Tuesday legal action has been filed against the firm Gendron Lefebvre, which was responsible for work carried out in 1979. The […]
By The Canadian Press | September 3, 2020
1 min read
MONTREAL – A Quebec law firm is launching a $10-million class-action lawsuit on behalf of the alleged victims of a former Montreal police officer and hockey coach who died awaiting trial on sex-related charges. The request for authorization filed Tuesday alleges Francois Lamarre sexually abused dozens or possibly hundreds of children over a 30-year period, […]
By Jason Contant | September 2, 2020
Hub announced the acquisition of Grande Prairie, Alta.-based Elevate Insurance Brokers Wednesday. Elevate is a locally-owned, independent full-service brokerage that provides home, auto, recreational vehicle and business insurance. Elevate Insurance president Pierce Krol and partner Otilja Majewski will join Hub International Insurance Brokers, a division of Hub International Canada West ULC (Hub Canada West). Krol […]
2 min read
This year so far is on track to be the worst year in a decade for serious/catastrophic injuries, government auto insurer Manitoba Public Insurance (MPI) reported Friday. While traffic volumes still remain relatively low due to the COVID-19 pandemic, many drivers have dramatically increased their speeds, MPI said in a press release. The majority of […]
By Jason Contant | September 1, 2020
CANAL FLATS, B.C. – Wind gusts fanned the flames of a wildfire near a village at the southern end of Columbia Lake in British Columbia late Saturday, increasing the size of the blaze by about four square kilometres. The BC Wildfire Service says winds increased the size of the Doctor Creek fire to about 58 […]
By The Canadian Press | September 1, 2020
A good insurtech will let its insurance partner take its product for a test drive and easily provide referrals, insurtech leaders said during a recent webinar. If an insurance carrier or broker is dealing with an insurtech company that isn’t doing those things — or is engaged in other activities that raise red flags — […]
By Adam Malik | September 1, 2020
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