Honourable Order of the Blue Goose Galabration

The Honourable Order of the Blue Goose, Ontario Pond and Most Loyal Gander Chris Giffin welcomed attendees at “2007’s hottest Christmas party of the insurance industry.” The so-called “Galabration” was held Nov. 28, 2007 at The Boiler House, a cultural, culinary and entertainment destination in Toronto’s famed Distillery District. The Boiler House’s award-winning design includes […]

January 31, 2008 | Last updated on October 1, 2024
1 min read
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The Honourable Order of the Blue Goose, Ontario Pond and Most Loyal Gander Chris Giffin welcomed attendees at “2007’s hottest Christmas party of the insurance industry.” The so-called “Galabration” was held Nov. 28, 2007 at The Boiler House, a cultural, culinary and entertainment destination in Toronto’s famed Distillery District. The Boiler House’s award-winning design includes a 22-foot wine rack, intimate private rooms and hand-crafted, heavy timber tables. Guests danced the night away to the musical stylings of Terri Oliver and her band Shugga. •

A different type of auto fraud

Claims

A different type of auto fraud

Although preliminary reports suggest auto theft in Canada is decreasing in 2024, another issue of concern is emerging for auto insurers: a surge in fraudulent credit applications. Automotive application fraud is up 54% year-over-year in Canada, largely driven by falsified credit applications and the continued prevalence of identity theft, consumer credit reporting agency Equifax Canada […]

By Jason Contant | September 24, 2024

2 min read

Why Calgary’s hailstorm could send more Alberta auto insurers to the exits

Claims

Why Calgary’s hailstorm could send more Alberta auto insurers to the exits

Calgary’s record-setting hailstorm in August may send more of the province’s auto insurers heading for the exits, Insurance Bureau of Canada warned Thursday. “The Calgary hailstorm will add $900 million in unexpected claims cost pressures at a time when Alberta’s auto insurance system is in crisis due to the province’s rate cap,” Aaron Sutherland, IBC’s […]

By David Gambrill | September 19, 2024

3 min read

Quebec flooding raises 2024 NatCat losses to $7.6 billion

Claims

Quebec flooding raises 2024 NatCat losses to $7.6 billion

Flooding after Tropical Storm Debby passed through Montreal and nearby regions of Quebec in August caused $2.5 billion in insured damage, according to initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ).  The Aug. 9 and 10 catastrophe now ranks as the costliest insured event in Quebec’s history, says Insurance Bureau of Canada. “The record-breaking […]

By Alyssa DiSabatino | September 13, 2024

2 min read