Claims

What your business clients need to know about generative AI risks

Commercial brokers and insurers should alert their business clients to new liability risks around intellectual property (IP), copyright and licensing associated with using generative artificial intelligence (AI) technologies like ChatGPT, Dall-E and Bard. “Generative AI is a type of artificial intelligence technology that can produce various types of content including text, imagery, audio, and synthetic […]

By David Gambrill | May 4, 2023

3 min read

Communities along Ottawa River declare emergency over flood

Communities in eastern Ontario have declared states of emergency over flood risks as water levels are expected to peak today on the Ottawa River.   Whitewater Region Mayor Neil Nicholson says water is backed up along most of the township’s riverbanks and five private roads were impassable to first responders as of Wednesday, when he declared […]

By Jason Contant | May 4, 2023

1 min read

Why MGAs are here to stay

Hard markets have historically offered a tremendous opportunity for growth for managing general agents (MGAs), but industry experts say they will be here to stay even when the market softens.  Unlike primary insurers, MGAs provide capacity in specialized areas of insurance where it would otherwise be difficult to find in hardening markets. This advantage isn’t […]

By Alyssa DiSabatino | May 2, 2023

3 min read

How many Canadian properties are at high risk of wildfire?

Approximately 300,000 properties across Canada are at a high wildfire risk, with another million carrying a minor risk of being impacted by wildfires during the typical mortgage term, according to Vancouver-based software and data analytics company Minerva Intelligence Inc. Minerva recently launched a comprehensive wildfire risk map for Canada, which it says is the first […]

By Jason Contant | May 2, 2023

2 min read