Claims

Toronto area sees more rain a day after record-setting downpour

TORONTO – Several southern Ontario communities saw more rain on Sunday and braced for still more wet weather a day after a storm soaked the region and broke at least one precipitation record. Heavy rainfall warnings from Environment Canada remained in effect for many areas on Sunday, but by the evening just a handful of […]

By Jason Contant | August 19, 2024

2 min read

Update: Industry prepares for claims from Jasper wildfire as town re-opens

As residents of Jasper, Alta., return home following evacuation orders stemming from a wildfire that destroyed about one-third of the town, Canada’s P&C insurance industry is likewise gearing up for a rebuild after what may become one of the country’s costliest wildfires. As it stands, there will be a limited opening of the town on […]

By Jason Contant | August 19, 2024

3 min read

Ernesto projected to miss Halifax, brush past Newfoundland

In what is appearing to look like a near-miss, Hurricane Ernesto’s track is bending to curve southeast of Halifax late tomorrow and brush past the south-facing coasts of Newfoundland and Labrador late Sunday. “We expect that the track of Ernesto’s center will be well south of Nova Scotia as it travels northeastward then will approach […]

By David Gambrill | August 16, 2024

3 min read

Electric vehicle claims frequency rises

Electric vehicles cost an average of $1,576 more to repair after a collision than their fossil fuel counterparts, finds a new report by Mitchell.  And claims frequency is growing for EVs, rising 3.94% in Canada for a year-over-year increase of 39%.  Battery electric vehicles cost Canadians an average of $6,534 in claims to repair this […]

By Alyssa DiSabatino | August 16, 2024

2 min read