Risk Management Counsel: Secrets to Great Style

Mixing an opportunity to network with industry friends and the chance to raise funds for Women In Cancer Crusade, the Risk Management Counsel of Canada hosted Secrets to Great Style. Guest speaker Sarah Richardson, host of Sarah’s House on HGTV, shared inside tips on home decorating, while guests enjoyed delicious treats and bid on a […]

May 31, 2010 | Last updated on October 1, 2024
1 min read
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Mixing an opportunity to network with industry friends and the chance to raise funds for Women In Cancer Crusade, the Risk Management Counsel of Canada hosted Secrets to Great Style. Guest speaker Sarah Richardson, host of Sarah’s House on HGTV, shared inside tips on home decorating, while guests enjoyed delicious treats and bid on a wonderful selection of items in a silent auction. The silent auction raised $2,172. RMC complimented those funds with an additional $5,000 -donating a grand total of $7,172 to WICC.

A different type of auto fraud

Claims

A different type of auto fraud

Although preliminary reports suggest auto theft in Canada is decreasing in 2024, another issue of concern is emerging for auto insurers: a surge in fraudulent credit applications. Automotive application fraud is up 54% year-over-year in Canada, largely driven by falsified credit applications and the continued prevalence of identity theft, consumer credit reporting agency Equifax Canada […]

By Jason Contant | 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

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