News
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
Claims
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
Automotive application fraud is up 54% year-over-year in Canada, largely driven by falsified credit applications and identity theft.
By Jason Contant | September 24, 2024
2 min read
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
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
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
The CrowdStrike event shouldn’t trigger the next cyber hard market or lead to significant rate increases, a CFC expert said during a webinar.
By Jason Contant | September 17, 2024
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