Industry
Parametric insurance can act as a complementary product to fill in gaps in traditional insurance policies or as a standalone option.
By Jason Contant | October 11, 2024
3 min read
Canada’s top court will review a case that found multiple insurers only have to pay legal defence costs for when their policies were on risk.
By David Gambrill | October 11, 2024
4 min read
Canadian P&C insurance brokers liken the plot of the Hunger Games to the fierce competition in Canadian commercial specialty lines business
A Canadian meteorologist with The Weather Network says it’s possible more extreme weather could come in the wake of Hurricane Milton’s devastation, and Canadians still in Florida should “take these storms seriously.” Mark Robinson travelled to Florida on Tuesday to follow Milton’s development along the west coast, and says its rapid development made forecasting the […]
By The Canadian Press | October 10, 2024
1 min read
2024's Donald M. Stuart Award was presented to Valerie Fox, former director of risk management and health and Safety for NPL Canada.
By Canadian Underwriter Staff | October 10, 2024
2 min read
AI represents a double-edged sword for the Canadian P&C insurance industry, particularly as it relates to repetitive and rule-based tasks.
By Jason Contant | October 10, 2024
As online shoppers hunt for bargains offered by Amazon during its annual fall sale this week, cybersecurity researchers are warning Canadians to beware of an influx of scammers posing as the tech giant. In the 30 days leading up to Amazon’s Prime Big Deal Days, taking place Tuesday and Wednesday, there were more than 1,000 […]
By Sammy Hudes, The Canadian Press | October 9, 2024
Heavy rainfall on August 17 and 18 across southern Ontario and the Greater Toronto Area have led to an extra $100 million in insured damages
By Philip Porado | October 9, 2024
The Northern Tornadoes Project is working to confirm if the Jasper wildfire created one or more fire tornadoes in late July. From Sept. 10-12, researchers from Western University in London, Ont. examined the wind damage at the Wabasso Campground in Jasper National Park. “We haven’t confirmed yet that there were fire tornadoes that occurred in […]
By Peter Shokeir, Local Journalism Initiative Reporter, Jasper Fitzhugh (article obtained through The Canadian Press) | October 8, 2024
Supply chain distress from the pandemic may be seemingly fading into the background, but commercial CEOs must prioritize this risk.
By Alyssa DiSabatino | October 8, 2024
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