Claims
Summer storms in Alberta and the Prairies caused more than $300 million in insured losses, bringing 2023 Cat losses to more than $2 billion.
By David Gambrill | September 20, 2023
2 min read
B.C. will introduce “in the coming weeks'' new laws governing responses to increasingly frequent NatCats such as wildfires and flooding.
By The Canadian Press | September 20, 2023
3 min read
Commercial property challenges continue to be a focal point in 2023, primarily driven by NatCat concerns and reinsurance costs, Aon said.
By Jason Contant | September 19, 2023
The industry can expect per- and polyfluoroalkyl substances (PFAS) litigation to seep into Canada, after thousands of cases in the U.S.
By Alyssa DiSabatino | September 19, 2023
An Ontario court declined to order an injunction that would stop two First Nations insurance businesses from competing against one another.
By David Gambrill | September 19, 2023
The massive fire at the Saint John harbour facility prompted officials to warn residents across the city to stay indoors and close windows.
By The Canadian Press | September 19, 2023
While Lee will generate insurance claims, largely trees downed on structures and cars, insured damage will be light when compared to Fiona.
By Alyssa DiSabatino | September 18, 2023
The BC Wildfire Service is reporting more than 400 active blazes burning across the province, with 155 ranked as out of control.
By The Canadian Press | September 18, 2023
1 min read
Industry
Canadian Underwriter sat down with Allianz’s Chief Executive Officer Chris Van Kooten and Chief Operating Officer Kyle Sparkman to talk about how the travel insurance provider supports brokers and their clients. It’s a new era for travel insurance – and with it, a wave of opportunities await brokers who want to quickly and confidently grow […]
By Allianz Global Assistance | September 18, 2023
4 min read
Increases in property exposure and repair costs are more significant short-term factors for NatCat losses than climate change: Verisk.
By David Gambrill | September 15, 2023
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