Claims
As natural catastrophe recovery costs continue to climb, insurers and reinsurers risk encountering scenarios that could mean insolvency
By Phil Porado | July 21, 2023
3 min read
The soaring cost of proposed work to shore up the existing dike system and protect the area from flooding is pegged at $650 million.
By The Canadian Press | July 21, 2023
2 min read
For Canada’s P&C insurance industry, the overall lack of firefighters is one concern, given the sheer number of fires burning
By Jason Contant | July 21, 2023
4 min read
Industry
Marc Ross will be the new head of property and specialty in Canada for Swiss Re Corporate Solutions effective Sept. 1, the company announced.
By David Gambrill | July 21, 2023
1 min read
Reinsurance put through some rate increases during the hard market but their latest renewal cycle suggests more hikes are forthcoming
By Phil Porado | July 20, 2023
Definity has just introduced a High Theft Rate auto rating variable in Nova Scotia to adjust premiums for cars that are frequently stolen.
By David Gambrill | July 20, 2023
Zenith Insurance Company made the decision to end its relationship with one of its Personal Lines brokers in Alberta.
By Alyssa DiSabatino | July 20, 2023
Officials are now eyeing the prospect of drought-driven conditions rolling into 2024, setting the stage for another bad fire season.
By Jason Contant | July 20, 2023
5 min read
It's still unclear whether Central Canada will actually be hit by more tornadoes, experts told the Canadian Press.
By Jason Contant | July 19, 2023
A B.C. insurance broker sharing ownership with a strata property management company, is disputing a new rule aimed at its business model.
By David Gambrill | July 19, 2023
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