OIAA’s Holiday Celebration

At the Ontario Insurance Adjusters Association (OIAA) Holiday Celebration on Dec. 10, more than 1,000 claims professionals and industry supporters ascended to the top of the CN Tower for a 360- degree view of Toronto. OIAA president Laurie Walker welcomed all those who rose to new heights to attend the event. They sampled food from […]

December 31, 2008 | Last updated on October 1, 2024
1 min read
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At the Ontario Insurance Adjusters Association (OIAA) Holiday Celebration on Dec. 10, more than 1,000 claims professionals and industry supporters ascended to the top of the CN Tower for a 360- degree view of Toronto. OIAA president Laurie Walker welcomed all those who rose to new heights to attend the event. They sampled food from around the world, and a portion of the proceeds from ticket sales were donated to Big Brothers and Big Sisters agencies.

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

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

Beat the clock: Update on the national flood program

Claims

Beat the clock: Update on the national flood program

Editor’s Note: This article has been updated to show remarks incorrectly attributed to IBC’s president and CEO Celyeste Power were actually the remarks of IBC chairman Christian Fournier. CU apologizes for the error.   Provincial politics and the timing of a federal election could possibly delay or derail the proposed national flood insurance program if […]

By David Gambrill | September 25, 2024

4 min read