Claims
Canada’s P&C insurance industry paid out more than $3.1 billion last year in claims related to natural catastrophes, per CatIQ.
By David Gambrill | January 8, 2024
3 min read
Industry
As intermediate and senior underwriting positions open up across the industry, firms will cultivate junior underwriters into successive roles
By Phil Porado | January 8, 2024
Private equity deal volume is expected to rebound in 2024 after slowing last year, and that means insurance rates will decrease or flatten.
By Alyssa DiSabatino | January 8, 2024
2 min read
Alberta Wildfire says it saw an average number of wildfires last year, but the area burned across the province set a record.
By Jason Contant | January 5, 2024
Your business clients may face increased exposure to climate change liability claims, based on a recent decision by a federal court.
By David Gambrill | January 4, 2024
4 min read
Intact Insurance Company won a decision against an insured who failed to apply for accident benefits within seven days of his accident.
By Alyssa DiSabatino | January 4, 2024
Insurance companies promise to build back customers' homes to the condition they were in before a catastrophe, but what if that's a bad idea?
By Phil Porado | January 4, 2024
Auto sales jumped 11.8% in 2023 compared to 2022 as vehicle supply continued to improve, according to DesRosiers Automotive Consultants.
By The Canadian Press | January 4, 2024
1 min read
January 1 reinsurance renewals are behind us, and it seems a more stable, predictable property Cat market has materialized, just as industry experts predicted. In Canada, reinsurance renewal pricing varied broadly by buyer, based on overall performance, Gallagher Re in its recent report, 1st View: What a Difference a Year Makes. But overall, it’s the companies […]
By Alyssa DiSabatino | January 3, 2024
A Memorial University campus in Newfoundland is the latest Canadian post-secondary institution grappling with a cybersecurity incident.
By The Canadian Press | January 3, 2024
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