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Which peril might bankrupt the Canadian P&C industry? Which peril might bankrupt the Canadian P&C industry? Image

Claims

Which peril might bankrupt the Canadian P&C industry?

While climate change can lead to flooding that harms policy holders, a major earthquake can actually bankrupt Canada's insurers.

By Phil Porado | June 28, 2023

2 min read

Suncor cyberattack likely to cost company millions of dollars, expert says Suncor cyberattack likely to cost company millions of dollars, expert says Image

Claims

Suncor cyberattack likely to cost company millions of dollars, expert says

The systems breach at Suncor Energy will likely cost the company millions of dollars before it is able to resolve the issue.

By Jason Contant | June 28, 2023

3 min read

Despite easing inflation, P&C insurers face challenges Despite easing inflation, P&C insurers face challenges Image

Claims

Despite easing inflation, P&C insurers face challenges

Climate change, inflation and global conflicts will challenge the P&C insurance industry in Canada and brokers must respond to client worries

By Phil Porado | June 27, 2023

3 min read

Rain helps firefighters’ efforts in Quebec, but not enough to extinguish flames Rain helps firefighters’ efforts in Quebec, but not enough to extinguish flames Image

Claims

Rain helps firefighters’ efforts in Quebec, but not enough to extinguish flames

The task of controlling forest fires remains “colossal," said Julie Coupal, assistant director at Quebec's forest fire prevention agency.

By The Canadian Press | June 27, 2023

2 min read