Claims

Why now is a good time to press for auto reform

Elected officials in Canada have an opportunity to fix underlying issues in the auto insurance product now that the pandemic has temporarily suppressed insurance companies’ auto loss ratios, says the head of Canada’s association for home, car and business insurers. During the year of COVID, which featured business shutdowns to prevent the spread of the […]

By David Gambrill | March 31, 2021

3 min read

‘Fire and ice:’ Weather leads to grass fires, slippery highways in southern Alberta

BROOKS, Alta. – A fast-moving weather system in Alberta brought both fire and ice, resulting in the evacuation of a village one day and a multi-vehicle collision that closed the Trans-Canada Highway between Medicine Hat and Calgary the next. About 275 residents in Carmangay, which is 165 kilometres southeast of Calgary, were forced to leave […]

By Jason Contant | March 31, 2021

3 min read

Pandemic distraction: Is Canada ready for the next big disaster?

Focused narrowly on responding to the COVID-19 global pandemic — and preparing for the next one — Canada may be losing sight of preparing for other, potentially more likely disaster scenarios, P&C insurance industry executives commented at the Swiss Re Canadian Insurance Outlook Breakfast on Tuesday. “There’s a tremendous focus in Ottawa now on pandemics, […]

By David Gambrill | March 30, 2021

3 min read

The biggest property risks for green energy

Floods, hail, fire, and lightning strikes are among the concerns for underwriters who insure green energy projects, an expert with RSA Canada says. And also, solar panel placement. Perhaps not many would link solar panel placement with flood risk, but there is a connection, as Doug Laurin observes. Laurin is the director and head of […]

By Greg Meckbach | March 29, 2021

2 min read