Claims
The intense hailstorm that caused $2.8 billion in damage to Calgary bring into question whether homeowners have sufficient coverage.
By Alyssa DiSabatino | September 24, 2024
2 min read
Canada's record-breaking insured loss year will undoubtedly see Canadian carriers’ reinsurance demand growing—and supply surely isn’t.
By Alyssa DiSabatino | September 23, 2024
Consumers can expect to see some of those costs impacts from this summer's Cats cause increases to their property premiums.
By Alyssa DiSabatino | September 20, 2024
3 min read
Industry
Shelley Willick, president and CEO of Saskatchewan-based Sandbox Mutual Insurance has announced her retirement in December 2024. Willick is an industry vet with 30-plus years’ tenure at Sandbox, including the past five years she’s spent heading the company. She was previously vice president of finance and administration and senior vice president of operations, according […]
By Alyssa DiSabatino | September 18, 2024
1 min read
Operations
Aviva Canada is warning consumers to beware of an Alberta-based ghost broker selling fake insurance policies.
By Alyssa DiSabatino | September 17, 2024
RIMS has partnered with global broker network Brokerslink to offer its risk management certification to its affiliate members.
By Alyssa DiSabatino | September 16, 2024
July flooding in the province caused $2.5 billion in insured damage, according to initial estimates CatIQ.
By Alyssa DiSabatino | September 13, 2024
AMC Insurance Services Ltd., based in Surry, B.C., announced it has acquired Western Associated Insurance Brokers Ltd. Acquisition of the Vancouver-based brokerage brings “a strong clientele and deep-rooted community connections” into the AMC fold, the firm says in a press release. Western Associated Insurance Brokers is a family owned and operated brokerage with more than […]
By Alyssa DiSabatino | September 12, 2024
Tech
Coalition announced the creation of its reinsurance intermediary, Coalition Re, which will provide capacity for cyber reinsurance treaties.
By Alyssa DiSabatino | September 11, 2024
International brokerage Hub has acquired Quebec-based Felton et Associes Assurances Inc., marking Hub’s fifth Canadian deal of the year.
By Alyssa DiSabatino | September 10, 2024
Insurers have handled double the amount of claims this summer compared to last year, according to the Insurance Bureau of Canada. Approximately 228,000 insurance claims have been filed following this summer’s four major catastrophes: flooding in Toronto and southern Ontario, the Jasper wildfire, the Calgary hailstorm, and flooding in Quebec. All occurred in the span […]
By Alyssa DiSabatino | September 9, 2024
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