Kawartha/Durham OIAA

More than 470 delegates gathered at the Ontario Insurance Adjusters Association’s Kawartha/Durham Chapter out-of-town meeting on May 29-30 in Peterborough, ON. Seminars discussed the role of reconstructive surgery, changes in restoration and the alternate dispute resolution process. Attendees loved the “cottage-casual” feel of the event. The Friday night entertainment, Canadian comedian Ron James, had the […]

July 31, 2008 | Last updated on October 1, 2024
1 min read
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More than 470 delegates gathered at the Ontario Insurance Adjusters Association’s Kawartha/Durham Chapter out-of-town meeting on May 29-30 in Peterborough, ON. Seminars discussed the role of reconstructive surgery, changes in restoration and the alternate dispute resolution process. Attendees loved the “cottage-casual” feel of the event. The Friday night entertainment, Canadian comedian Ron James, had the crowd in tears they were laughing so hard. The chapter was proud to have hosted so many colleagues and friends and appreciated the support.

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

How record-high Cat season will impact reinsurance renewals

Claims

How record-high Cat season will impact reinsurance renewals

About half of the Canadian P&C insurance industry’s projected $7.7 billion in losses due to four natural disasters over the summer will be covered by reinsurance, a reinsurance broker told the National Insurance Conference of Canada (NICC) in Vancouver Tuesday. “We can observe that about 50% of the losses coming out those four main events […]

By David Gambrill | September 26, 2024

3 min read

After Calgary’s record-breaking storm, do homeowners have proper hail coverage?

Claims

After Calgary’s record-breaking storm, do homeowners have proper hail coverage?

This summer’s hailstorm that caused over $2.8 billion in damage across the city of Calgary helps raise the question: do homeowners have sufficient coverage for their risk?  “Most home insurance policies cover damage caused by hailstorms, however the extent of the coverage and what the policy covers can vary,” says Steven Harris, licensed insurance broker […]

By Alyssa DiSabatino | September 24, 2024

2 min read