News

Why AIG won its appeal of a $255K subrogation lawsuit

AIG Insurance Company has successfully appealed a $255,275 subrogation ruling in 2023 involving the fiery destruction of its insured client’s excavator, which had been modified for forestry use. Quebec’s Court of Appeal in December found the lower court incorrectly shifted the onus onto the insurer and buyer to prove the fire was caused by the […]

By David Gambrill | February 11, 2025

3 min read

How tariffs may impact insurance for Canadian liquor sellers

Threatened U.S. tariffs and Canadian retaliatory tariffs could raise prices for many goods Canadians routinely buy, including liquor.

By Philip Porado | February 11, 2025

3 min read

Why new home builds must factor flood and fire risk

A rush to fix Canada's housing shortage may placing some new homes at risk of damage by flood and fire, says a new report

By Philip Porado | February 10, 2025

3 min read

How the industry can mitigate losses for severe convective storms

Although severe convective storm damage can’t be avoided, building location and materials are critical in mitigating some of the losses.

By Jason Contant | February 10, 2025

3 min read