Claims
Multiple wildfires in Jasper National Park flared up Monday night, forcing all park visitors and 4,700 residents of Jasper to flee.
By Dean Bennett and David Boles - The Canadian Press | July 23, 2024
3 min read
Quebec provincial police have seized more than 28 vehicles and thousands of dollars as part of the fight against organized crime.
By The Canadian Press | July 22, 2024
1 min read
Canada’s insurance market ranks eighth in the world by total premium volume, according to a new study from the Swiss Re Institute.
By Jason Contant | July 22, 2024
Even with increased flood insurance coverage take up rates, damages from last week’s flash flood in Toronto remain manageable for insurers.
By Alyssa DiSabatino | July 22, 2024
2 min read
Cat bonds covering major perils such as Canadian earthquakes can help the P&C insurance industry lower pricing for quake risk.
By David Gambrill | July 22, 2024
Industry
Financial Services Regulatory Authority of Ontario (FSRA) has implemented temporary measures to allow claims adjusters to process insurance claims from Ontario’s flash flooding more quickly. FSRA is temporarily allowing licensed adjusting firms to use claims adjusters licensed outside of Ontario. FSRA has also allowed Ontario insurers to use the services of employees of affiliated insurers. […]
By Alyssa DiSabatino | July 19, 2024
How Travelers recovered a $255,800 ransomware payment it made of behalf of a victim of a cybercrime from the criminal's seized assets.
By David Gambrill | July 19, 2024
If your Canadian clients visit the U.S. often, review their collision coverage because not every state has direct compensation for property damage
By Philip Porado | July 19, 2024
The rapid growth of the Shetland Creek fire in the B.C. Interior came ahead of a major spike in the number of fires across the province.
By Nono Shen and Brenna Owen - The Canadian Press | July 19, 2024
4 min read
Ground crews are preparing to attack a roaring wildfire near Labrador City that forced thousands of people to evacuate last week.
By The Canadian Press | July 18, 2024
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