Claims
High inflation may impact how Canada's insurance industry is able to cover emerging risks for claims and higher replacement costs.
By Phil | August 2, 2022
3 min read
VANCOUVER – Temperature records are melting across British Columbia as a prolonged heat spell grips the province but Emergency Management BC says it is not anticipating an extreme heat emergency. A statement from the agency says residents should monitor temperature forecasts and take advantage of cooling stations set up in many communities but it’s not […]
By Jason Contant | July 28, 2022
Global brokerage Marsh is cautiously optimistic cyber’s hard market will eventually stabilize and insurers will soon be able to reward clients who have strong cyber controls with lower increases. “Market conditions are expected to remain challenging for the foreseeable future given ongoing accumulation and systemic risk concerns,” reads Marsh’s Q2 2022 US and Canada Cyber […]
By Alyssa DiSabatino | July 27, 2022
2 min read
Taking regular notes allowed a veteran broker to win a lawsuit launched by client over two cars that burned up in a garage fire.
By David Gambrill | July 27, 2022
4 min read
You still have to serve notice of intent to sue a Chinese manufacturer, even if their U.S.-based insurer already knows about the case.
By David Gambrill | July 26, 2022
Cybercriminals are getting smarter and better at working around multifactor authentications, so users have to protect themselves better.
By Phil | July 26, 2022
Environment Canada has confirmed at least one tornado touched down in an area north of Belleville, Ont., as severe thunderstorms swept through parts of southern and eastern Ontario on Sunday night. In a preliminary report, the weather agency says staff with the Northern Tornadoes Project and Environment and Climate Change Canada found a long track […]
By Jason Contant | July 26, 2022
1 min read
While Europe is experiencing record-breaking heat waves, western Canada had some severe heat and storms of its own between July 16-20. And although they were expected to have caused millions in damage, it won’t breach catastrophe territory, according to Aon’s Weekly Cat report. Rounds of severe convective storms (SCS), surface low-pressure systems and widespread […]
By Alyssa DiSabatino | July 25, 2022
The churning storm that toppled trees and battered homes in the Laurentians was likely a tornado, a meteorologist with Environment Canada said Sunday. The national weather agency said forceful winds lashed the area around Saint-Adolphe-d’Howard, Que., about 100 kilometres northwest of Montreal, after the storm touched down on Saturday evening. Environment Canada meteorologist Peter Kimbell […]
By Jason Contant | July 25, 2022
Europe's heat wave isn't impacting Canada yet but insurers should look at how business interruption claims might arise.
By Phil | July 22, 2022
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
