Claims
Reinsurance will cover about half of the Canada's projected $7.2 billion in insured losses due to four natural disasters over the summer.
By David Gambrill | September 26, 2024
3 min read
Provincial politics and the timing of a federal election could possibly delay or derail the proposed National Flood Insurance program.
By David Gambrill | September 25, 2024
4 min read
Quebec’s P&C insurance regulator has found a former insurance adjuster guilty of the embezzlement of more than $100K in fake claims payments.
By David Gambrill | September 20, 2024
Calgary’s record-setting hailstorm in August may have more of the province’s auto insurers heading for the exits, IBC warned Thursday.
By David Gambrill | September 19, 2024
An insured is not entitled to coverage on a “claims made and reported” excess liability policy when it reported the claim three years late.
By David Gambrill | September 18, 2024
Tech
Artificial intelligence (AI) is touted as a way to help actuaries and underwriters, but most believe the new tech will replace them.
By David Gambrill | September 17, 2024
A home insurer may have to defend a negligence lawsuit against a homeowner, since the policy's "intentional act" exclusion may not apply.
By David Gambrill | September 16, 2024
Ontario tribunal finds stepping into a vehicle to protect yourself against an assault is not the same as an auto "accident."
By David Gambrill | September 13, 2024
Industry
NFP, an Aon company, has named Thomas Strong senior vice president of construction technology and innovation.
By David Gambrill | September 12, 2024
2 min read
A Calgary hailstorm in early August caused nearly $2.8 billion in insured damage, eclipsing the old record mark for a hailstorm set in 2020.
By David Gambrill | September 11, 2024
Canada’s property and casualty insurance industry is calling on the industry’s regulators to change adjuster licensing in the country.
By David Gambrill | September 10, 2024
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