Matson Driscoll & Damico

Matson Driscoll & Damico held their MD&D American Thanksgiving Open House on Nov. 27 in Toronto at Montana’s The “M” Lounge. Hundreds of claims professionals and industry friends gathered for the annual event. •

January 31, 2009 | Last updated on October 1, 2024
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Matson Driscoll & Damico held their MD&D American Thanksgiving Open House on Nov. 27 in Toronto at Montana’s The “M” Lounge. Hundreds of claims professionals and industry friends gathered for the annual event. •

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

Will reinsurance capacity be stable in Canada after record-breaking NatCat losses?

Claims

Will reinsurance capacity be stable in Canada after record-breaking NatCat losses?

Though 2024’s reinsurance renewal season started off stable compared to 2023, this summer’s record-breaking insured losses from four major Nat Cats will undoubtedly see growth in Canadian carriers’ reinsurance demand. But reinsurance supply may not grow commensurately, experts tell Canadian Underwriter. Beyond Canada, global insured Cat losses could be the factor that makes or breaks […]

By Alyssa DiSabatino | September 23, 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