Claims
Distracted driving can lead to sharp hikes in insurance premiums for drivers across Canada and so can giving insurers incorrect information
By Phil | September 27, 2022
2 min read
By Jason Contant | September 26, 2022
Post-tropical storm Fiona swept through Atlantic Canada and eastern Quebec this weekend, knocking out power to hundreds of thousands.
3 min read
Inflation means costs for building materials have gone sky high, which can be a problem for insurers that have to replace damaged structures
By Alyssa DiSabatino | September 26, 2022
Online insurance applications are seeing increases in fraud attempts by consumers who don't give accurate information
By Phil | September 26, 2022
Investors are increasingly pursuing companies for ‘greenwashing,’ referring to company directors who misrepresent their climate credentials or fail to act in accordance with their stated climate goals, says a financial services executive at Marsh Canada. Commercial brokers can help their D&O clients navigate the risk by ensuring their statements are both ironclad and peer reviewed, […]
By Alyssa DiSabatino | September 23, 2022
Insurers invest some of the premiums they charge to earn interest and pay claims but they need to adjust investments when interest rates rise
By Phil | September 23, 2022
REGINA – The Saskatchewan Court of Appeal has set aside a temporary injunction that halted a lawsuit filed by some parents of those who died in the Humboldt Broncos bus crash. Sixteen people were killed and 13 were injured when an inexperienced truck driver went through a stop sign and into the path of the […]
By Jason Contant | September 23, 2022
4 min read
Canada will be increasingly at risk for more frequent and severe hurricanes going forward due to climate change, Swiss Re told Canadian Underwriter in an interview Friday. “Sea surface temperatures [are] rising, which means storms will be able to travel further north than in the past,” said Dipika Deol, head of P&C treaty underwriting, Canada […]
Canada’s solvency regulator is seeking to harmonize climate risk disclosures with international standards.
By David Gambrill | September 22, 2022
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